Baird/STR Hotel Stock Index Dropped 5.8 Percent in May 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 5.8 percent in May to a level of 5,584. Year-to-date through the first five months of 2022, the stock index has decreased 2.8 percent. “Hotel stocks declined in May amid the broader stock market volatility as investors grew concerned about macroeconomic slowing and inflationary pressures, among other risks and uncertainties,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Hotel fundamentals have continued to […]
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