Petros PACE Finance

North America

U.S. Lodging Higher as Markets Rise

The  DJIA  surged 765 points while  Nasdaq  was up 234, the  S&P 500  rose 90 points and the 10 year treasury yield was down .15 to 3.66% The  CBRE Hotels Research State of the Union  showcases a review of current hotel trends, leading and coincident indicators of hotel demand, and an update on cost pressures and margin flow-through. Nearly all hotels are experiencing staffing shortages , according to a new member survey conducted by the  American Hotel & Lodging Association .