North America
Canadian Hotels Will Return to Pre-Pandemic Revenues in 2023
The DJIA rose 197 points, Nasdaq was up 87, the S&P 500 rose 27 points and the 10-year treasury yield was up .04 to 3.49%.
Hersha Hospitality is the latest lodging REIT to announce they have reinstated their quarterly cash dividend on the common shares.
According to CBRE , Canadian hotels will return to pre-pandemic revenues next year, two years ahead of its previous forecast.