Dynamic Group

North America

Soho House Rejects Takeover Offer

Soho House dissolved its Independent Special Committee after rejecting an offer for strategic transactions, causing discontent among shareholders due to the stock's low trading price.
North America

Lodging Stocks Hit New Lows While RevPAR Continues to Impress

The Fed Sell Off continues in the financial markets as the DJIA fell another 486 points on Friday, Nasdaq was down 199, the S&P 500 fell 65 points and the 10-year treasury yield was down .01 to 3.70%. In New York City, the Skift (parent company of this publication) conference generated a lot of headlines, the biggest one being Barry Diller of IAC once again trashing working from home. Lodging stocks are hitting new lows, while RevPAR continues to impress.