Baird/STR Hotel Stock Index Fell 19.3 Percent in June 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index fell 19.3 percent in June to a level of 4,504. Year to date through the first six months of 2022, the stock index decreased 21.6 percent. “Hotel stocks continued on their downward trajectory in June and were significant relative underperformers as investors began to factor in an increasing likelihood of an impending recession,” said Michael Bellisario, senior hotel research analyst and director at Baird. “While the upcoming […]
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