• US hotel shares continue rise

The Baird/STR Hotel Stock Index of US hotel shares saw a 1.7% increase for the month in November and a 37.2% increase for the year-to-date.

"Though the Baird/STR Hotel Stock Index reported a smaller increase in November, the year-to-date increase remains strong, which shows that investors are still attracted to the hotel industry," said Randy Smith, CEO at STR. "We are projecting that hotels will show increases in all three key performance metrics during 2011, which should fuel further interest from investors."

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