Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: China Lodging
So what: China Lodging posted earnings Monday that saw revenue up 48.4% and net income up 298%. Those results added fuel to today's move, which was driven by Home Inns & Hotels
Now what: The Chinese hotel market is on fire and both China Lodging and Home Inns are riding the wave. Neither stock is priced just right for this Fool, but given a pullback in the next few weeks I would be more interested. These are long-term plays on the Chinese economy so don't panic over short-term bumps in the road when they come.
Interested in more info on China Lodging? Add it to your watchlist here by clicking here.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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