North America
Choice Hotels Receives Mixed Response to Earnings
Lodging stocks were mixed. Choice (CHH) was the big loser, down -9%, while MCG was down -7% and AINC fell -6%.
Choice Hotels received a mixed response to their 3Q earnings report from analysts and a big thumbs down from investors.
Hilton announced the opening of its two-hundredth hotel in the Caribbean and Latin America, Waldorf Astoria Cancun , a 173-room luxury resort set on 100 acres of coastline.