The Baird/STR Hotel Stock Index rose 2.7% in November to a level of 5,430. Year to date through the first 11 months of 2022, the stock index was down 5.5%.
Item 2.02 Results of Operations and Financial Condition.
On November 8, 2022, Chatham Lodging Trust issued a press release announcing its
results of operations for the three months ended September. | November 8, 2022
Hotel REITs have held up surprisingly well through the recent market volatility. Read here an analysis of the hotel REIT sector and some of their preferreds.
The Baird/STR Hotel Stock Index dipped 2.7% in August to a level of 5,021. Year to date through the first eight months of 2022, the stock index decreased 12.6%.
The Baird/STR Hotel Stock Index jumped 14.3% in July to a level of 5,158. Year to date through the first seven months of 2022, the stock index decreased 10.4%.