The total non-U.S. resident international visitor volume to the U.S. of 6,275,257 decreased 8.9% compared to July. Plus, hotel deal and development news.
Yesterday, Pebblebrook Hotel Trust lowered guidance for 4Q results and shook up the industry a bit. Today, Ryman Hospitality did the opposite.
Lodging stocks were mostly lower with a long list of new lows, many of them REITs. New lows were set by PEB, PK, AHT, SHO, XHR, ABNB and VCSA
Marriott International announced that long-time executive Stephanie Linnartz is leaving the company, effective February 24, 2023.