North America
Hotel Purchases and Development Heat Up in Early January
The DJIA rose 133 points while Nasdaq was up 72, the S&P 500 was up 29 points and the 10 year treasury yield was down .08 to 3.71%.
Canada’s hotel performance came in lower than the month prior but showed improved comparisons to 2019, according to STR ‘s November 2022 data.
Kolter Urban is planning to build a Ritz-Carlton Hotel Residences in Sarasota Bay, Florida .