Post election Hotel Stock Index soars

The recent election of Donald Trump as president of the United States has left many markets in a state of uncertainty. Nevertheless, the hotel industry is looking particularly strong, according to the Baird/STR Hotel Stock Index. Hotel consultant STR reports that the index increased 11.8 percent in November 2016 to close the month at 3,474. Year to date, the index has grown 12.3 percent, according to the World Property Journal. “Investor sentiment shifted after the … [more]

Source: Real Estate

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