The Baird/STR Hotel Stock Index ended January with a 1.3% increase to 2,394, which was less than the S&P 500’s and RMZ’s January gains of 2.3% and 3.1%, respectively.
Randy Smith, chairman and cofounder of STR. "Investors are looking at the industry’s positive year-end performance as an encouraging sign. As our latest forecast indicates, we expect the hotel industry’s recovery will become more pronounced during 2011, and that should help fuel further growth in the Baird/STR Hotel Stock Index."
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