Baird/STR Hotel Stock Index Decreases in November 2021
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index fell 7.6 percent in November to a level of 5,099. Year to date through the first 11 months of 2021, the stock index was up 11.5 percent. “Hotel stock price volatility continued in November with both the hotel brands and hotel REITs significantly underperforming their respective benchmarks,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Two different investment narratives drove stock price performance during […]
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