The Baird/STR Hotel Stock Index decreased 6.9% in August to close the month at 3,388. The Baird/STR Hotel Stock Index was set to equal 1,000 on 1 January 2000. Last cycle the Index peaked at 3,178 on 5 July 2007. The Index’s low point occurred on 6 March 2009 when it dropped to 573.
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