Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
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U.S. Hotels Projected to See a Slight Increase in Revenue This Year
Global hotel industry shows mixed regional growth with new developments despite economic challenges in 2025.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.
Lodging Stocks End the Week Higher
Stock market rallied as treasury bond yields fell, with DJIA, Nasdaq, and S&P 500 gaining points, while lodging stocks like SOND, AHT, and others saw significant increases.
Several hotel-related developments were announced, including renovations, new hotels, and property sales in various locations across the United States.
Rosewood Hotels & Resorts will introduce Rosewood Blue Palace in Greece in 2025, while the British Colonial Hotel in Nassau, Bahamas, will reopen on December 12 after a $100 million renovation.
Marriott Vacations Announces Increased Quarterly Dividend
Marriott Vacations Worldwide Corporation announced an increase in its quarterly dividend.
MCR has acquired the Staybridge Suites Chattanooga Downtown , a five-story, extended-stay hotel in Chattanooga, Tennessee.
The DJIA rose 35 points Friday while Nasdaq was down 21, the S&P 500 was down 5 points and the 10-year treasury yield was down .02 to 3.51%.