hydrogen investing

HQUANT Launches Lodging Derivative Index

MANHATTAN/ITHACA, N.Y. | HQuant LLC today announced at the Morgan Stanley CMBS New Products Conference in Manhattan, the introduction of the HQuant Lodging Index (HLI), a new sophisticated investment tool for investors who wish to participate in the future performance of the hotel industry without investing in the underlying real estate. The HQuant Lodging Index, the first of its kind, will provide detailed information on seasonally adjusted hotel average daily rates (ADR) based on data collected on more than 3 million U.S. hotel rooms, or approximately 68 percent of the nation's total.

The HQuant Index will enable traders to buy and sell derivative contracts tied to the performance of the U.S. lodging industry. A number of major trading groups have expressed interest in subscribing to the index service.