Alua Hotels & Resorts

North America

Ryman, Summit and Apple Report Growth

Ryman and Apple Hospitality both reported earnings beats, with Ryman raising its dividend and Apple buying back shares and tightening guidance, while Summit grew results despite hurricanes.
North America

New Hotel Fees Are on the Way

The  DJIA  ended Friday with a gain of 377 points while  Nasdaq  was up 250, the  S&P 500  rose 61 points and the  10-year treasury yield  was up .03 to 3.32%. Lodging stocks were modestly higher. USA Today published a story, actually a prediction that new hotel fees may be popping up . The St. Joe Company and InterMountain Management, LLC announced the commencement of construction on a new hotel in Panama City Beach, FL .