EdgeWater 10/15/2010 10:07:32 PM
News / Business

Top NYSE Hotel Stock Movers (MAR, HOT, WYN, HT)

Top NYSE Hotel Stock Movers

Marriott International, Inc. (NYSE:MAR) added 0.03% to $35.94. Last week, the company reported profit of $83 million, or 22 cents a share, compared to a loss of $466 million, or $1.31 a share, in the year-ago quarter.

The 52-week range of the stock is $24.39-$38.15.

Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) is 0.02% lower to $55.36. On 29 Sep 2010, the company announced that it has sold the 179-room St. Regis Aspen for $70 million to 315 East Dean Associates Inc., a Delaware Corporation represented by Bangkok-based OptAsia Capital Co.

So far, the market capitalization of the company stands at $10.53 billion.

Shares of Wyndham Worldwide Corporation (NYSE:WYN) gained 0.24% to $29.26. Last month, the company announced that it will report third quarter 2010 results on Tuesday, October 26, 2010.

The stock opened at $29.46 and is trading within the range of $29.26-$29.57. The stock made its fresh 52-week high of $29.57.

Hersha Hospitality Trust (NYSE:HT) went down 0.97% to $6.10. Last week, the company announced that it has signed a commitment letter with TD Bank, N.A. and TD Securities (USA) LLC for a proposed $225 million senior secured revolving credit facility, which would replace Hersha’s current $135 million senior secured credit facility.

The average daily volume of the stock is 1.23 million shares.

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