Connecticut Lodging Association
1/11/2022
Baird/STR Hotel Stock Index jumped 12.7% in December, ended year up 25.6%
The Baird/STR Hotel Stock Index jumped 12.7% in December to a level of 5,744. For 2021 as a whole, the stock index was up 25.6%. 

“Hotel stocks ended a volatile year with strong gains in December as the worst-case scenarios related to the Omicron variant appeared unlikely to unfold as initially feared,” said Michael Bellisario, senior hotel research analyst and director at Baird. “With the big rebound into year-end, the hotel brands ended up slightly outperforming the S&P 500 in 2021, while the hotel REITs – despite gaining 12% on the year – significantly lagged the RMZ’s best-ever annual performance. Turning the calendar to 2022, leisure travel strength is expected to persist, but the wildcard for the overall industry’s continued recovery remains a more substantial return of the business traveler.”

“Holiday travel came through once again and drove U.S. hotel occupancy to an all-time Christmas high and ADR to record-highs leading up to New Year’s,” said Amanda Hite, STR president. “Despite disruptions in the airline industry, we have not seen a significant impact from the Omicron variant on the overall U.S. hotel industry. With the new year among us, we can expect a continued recovery in performance, with more pronounced upticks in urban locations when in-person meetings resume. The stronger-performing locations throughout the pandemic, beach and mountain destinations, are anticipated to keep that momentum into the new year as leisure travelers embark on spring break or quick weekend getaways.” Read more.
DCF Human Trafficking Prevention Course for Lodging
Join us Thursday, January 13th for CLA's virtual training course on Human Trafficking Prevention from the CT Department of Children and Families. This course is open to any and all lodging employees. Please register each employee who will attend the course separately.

Please send any questions in advance to info@ctlodging.org, with subject line 1/13 HTP Question. 

When: Thursday, January 13, 2022 | 2:00 PM - 4:00 PM
Recording Available: OSHA ETS Updates for Hoteliers

AHLA hosted a webinar featuring experts in public health, policy andemployment law to discuss the current challenges facing the hotel industry related to the recent COVID-19 surge. The panel presented the latest information on the current state of the Omicron variant, and how to navigate the most recent legal and policy developments impacting the Occupational Safety and Health Administration’s COVID-19 Vaccination and Testing Emergency Temporary Standard (ETS).
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