HOTEL stocks tumbled last week with the rest of the market as overseas investors shifted their money out of the stock market. The outflow of funds caused nervousness in the market as investors locking in their profits dragged stock prices down. The only two hotel stocks to withstand the onslaught was Glynhill Internatinal and Shangri-La Asia. Glynhill edged up 18.66 per cent to 0.445 cents, while Shangri-La-Asia share price remained unchanged at $11.60. Furama Hotel edged down four per cent to $12, while its parent, Furama Hotel Enterprises, reported a 120 per cent jump in profits to $46.4 million for the first six months to September 30. Its performance was enhanced by rising occupancy and room rates. The group's chairman Adrian Fu expects the company's strong performance to continue for the rest of the year although the rate of growth was unlikely to match the first half of the year. CDL Hotels was the worst performer, falling 11.72 per cent to $3.20.