The stocks of public hotel companies followed a broader market resurgence in April. The Baird Hotel Stock Index — which comprises 20 of the largest hotel brand companies and real estate investment trusts publicly traded on a U.S. stock exchange by market capitalization — rose 9% in April. The S&P 500 — an indicator of the health of the broader economy — jumped 10.4% during the month. Year to date, the Baird Hotel Stock Index is up 12.6%. The index has risen in three out of four months of 2026.