Truist previews lodging sector earnings, adjusts estimates
Truist analyst C. Patrick Scholes anticipates strong Q3 earnings for hotel stocks, driven by revenue per available room growth. Hotel REITs are expected to outperform guidance, with Truist adjusting estimates for Pebblebrook Hotel Trust (PEB), Park Hotels & Resorts (PK), and RLJ Lodging Trust (RLJ). Wyndham Hotels & Resorts and Hilton Worldwide are set to report earnings later this month.


