Baird/STR Hotel Stock Index up 6.1% in December
Baird/STR Hotel Stock Index up 6.1% in December
06 JANUARY 2020 8:00 AM

The Hotel Stock Index ended 2019 up 29.5%.

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index increased 6.1% in December to 5,270. For total-year 2019, the stock index jumped 29.5%.

“Hotel stocks ended the year on a positive note, and both the hotel brands and the hotel REITs outperformed their respective benchmarks in December,” said Michael Bellisario, senior hotel research analyst and VP at Baird. “The positive stock market momentum continued into year-end, and investor expectations appear to be pricing in an improvement in the global growth outlook. For 2019, the Hotel Brand Sub-Index increased nearly 40% and significantly outpaced the Hotel REIT Sub-Index’s approximate 10% gain.”

“We’ve not seen it much in recent months, but December was a case where stock performance seemed aligned with industry metrics,” said Amanda Hite, STR’s president. “December data is expected to provide a bit of a relief from the otherwise anemic growth rates the industry posted throughout the year. That said, we do not expect one month to materially change the trajectory of year-end results as RevPAR growth should come in around the expected sub-1% level. Regardless, the industry posted another record year with regards to rooms available, rooms sold and rooms revenue. Likewise, absolute ADR and RevPAR are at their highest levels ever. We’re not currently projecting much of a change in either direction for 2020 as slower growth is the name of the game as we enter the 13th year of the RevPAR upcycle.”

December performance of the Baird/STR Hotel Stock Index surpassed both the S&P 500 (+2.9%) and the MSCI US REIT Index (-1.3%).

The Hotel Brand sub-index rose 7.1% from November to 8,605 while the Hotel REIT sub-index increased 3.7% to 1,529.

Media Contacts:

Nick Minerd
STR – Senior Director, Communications
+1 (615) 824-8664 ext. 3305

Ashley Bakke
Baird Public Relations
+1 (414) 765-7250

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editorial Director Stephanie Ricca at

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.