The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 6 US Lodging Companies had their average stock prices drop by a massive 71% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 6 US Lodging Corps have increased by a very impressive 774% through January 24, 2014, led by Wyndham Worldwide. And all 6 had stock market price appreciation above 100%.
Clearly, the investors in and employees of all 6 of these US Lodging Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 6 US Lodging Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Lodging Corp | HQs | 1-24-14 | 3-6-09 | 12-31-07 | 1-24-14 | 3-6-09 | |
Wyndham Worldwide | Parsippany | NJ | 71.85 | 2.92 | 23.56 | 2361% | -88% |
Expedia | Bellevue | WA | 66.30 | 6.08 | 29.74 | 990% | -80% |
Starwood Hotels & Resorts | Stamford | CT | 76.61 | 9.52 | 44.03 | 705% | -78% |
Marriott Intl | Bethesda | MD | 49.76 | 11.90 | 32.21 | 318% | -63% |
Morgans Hotel Group | New York | NY | 7.09 | 2.68 | 19.28 | 164% | -86% |
Choice Hotels Intl | Rockville | MD | 48.77 | 23.49 | 33.20 | 108% | -29% |
Average % Change all 6 | 774% | -71% |