If high-end shoppers stay away, it is unwelcome news for Nordstrom, says Wall Street. Travel, leisure and home appliance spending may be detracting from luxury retail.
Fresh off a better than expected second quarter, Choice Hotels CEO Stephen Joyce says his hotels are continuing to take market share from the competition.
Hotels are giving off concerning signals.
Choice Hotels (CHH) CEO Stephen Joyce joined CNBC's 'Squawk Box' Wednesday morning to discuss the company's 2016 second quarter earnings results.