The American Resort Development Association, which represents the time share and vacation resort industry, spent $270,000 in the first quarter lobbying on housing and mortgage issues.

The American Hotel & Lodging Association spent $350,000 lobbying the federal government in the first quarter on labor, travel and tax issues, according to a recent disclosure report.

Among the premarket stories for Monday, June 30, from AP Financial News:

An analyst cut estimates and a price target on Starwood Hotels & Resorts Worldwide Inc. on Monday, citing an expected drop in demand for the lodging industry over the next three periods.

Starwood Hotels & Resorts Worldwide unit Starwood Vacation Ownership on Wednesday said it will open a a resort in Maui designed to meet "green" design standards.

NEW YORK (Reuters) - Hilton Hotels Corp wants to add 300 hotels to the 47 it operates in Asia in the next decade in a bid to match its rivals and take advantage of a business and leisure travel boom in India and China, The Wall Street Journal reported on Wednesday.

Hilton Hotels Corp wants to add 300 hotels to the 47 it operates in Asia in the next decade in a bid to match its rivals and take advantage of a business and leisure travel boom in India and China, The Wall Street Journal reported on Wednesday.

Shares of Starwood Hotels and Marriott International fluctuated in an erratic session on Tuesday, a day after an analyst recommended that investors limit exposure to those large hotel stocks for the rest of the year.

The housing crisis and soaring energy prices are a concern for the hotel and restaurant industries, and CEOs are already feeling the effects.

The $109 billion lodging industry is facing a  triple  squeeze play-- weakening demand, higher operating costs and more supply coming on-line.

The credit crunch and housing crisis led to some high-profile firings, most notably Merrill Lynch's Stan O'Neal and Citigroup's Chuck Prince. Still, while they lost their jobs, these executives didn't lose their shirts.

Investors have been checking out of hotel stocks recently.  Jake Fuller, hospitality analyst for Thomas Weisel Partners,  thinks they'll want to check back in -- but not right away.