PE.com - Tourism Blog

All Stocked Up

Stocks took a massive tumble Tuesday and recovered a bit by Wednesday, but I thought it was interesting to see that while the ruckus on Wall Street was taking shape - familiar hotel brands weren't immune.

Lodging stocks overall dropped 3.52% by the end of the day.

Not surprising, considering the stock market hiccup emanated in Asia, Home Inns and Hotels Management Inc. based in China fared the worst dropping $6.21, or 13.28% to a share price of $40.55 as of the end of trading Tuesday.

Here's how others fared:

Starwood Hotels and Resorts Worldwide share price dropped by $2.24 to end at $65.08

Marriott share price dropped by $1.57 to end at $47.50

Hilton share price dropped by $1.27 to end at $34.86

Wyndham Worldwide share price dropped by $1.15 to end at $34.24

Four Seasons share price dropped by $0.19 to end at $81.22

-- KIMBERLY PIERCEALL
kpierceall@PE.com