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Baird/STR Hotel Stock Index Rose 1 9% In July
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Hotel Stocks Underperform For Fourth Straight Month
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Baird/STR Hotel Stock Index Dropped 3 0% In June
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Baird/STR Hotel Stock Index rose 3.2% in April
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HENDERSONVILLE, Tennessee, and MILWAUKEE - The Baird/STR Hotel Stock Index rose 3.2% in April to a level of 5,297. Year to date through the first four months of 2021, the stock index was up 15.8%. Advertisements Hotel stock prices increased in April, but they were relative underperformers on a monthly basis for the third time this year, said Michael Bellisario, senior hotel research analyst and director at Baird. The broader reopening trade has lost some momentum recently as investors continue to rotate into more defensive and value-oriented sectors despite the progress that is being made on the vaccination front and the sequential monthly improvement in hotel fundamentals being realized. The Hotel REITs have outperformed the Hotel Brand stocks each month this year.
Baird/STR Hotel Stock Index dipped 0 2% in March
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