North America
Even Hotels Plans 40% Expansion in the U.S. with Revamped Prototype
Stifel reduced Hyatt Hotels' target price to $115/share while maintaining a Hold rating.
Pebblebrook Hotels warned of 3Q impacts due to storms in California and Florida, affecting same property RevPAR.
U.S. Travel Association reports a federal government shutdown could cost the travel economy up to $140 million/day, causing negative consequences for air travel and travelers' plans.