Below are the three companies in the Hotels, Resorts & Cruise Lines industry with the highest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

eLong (NASDAQ:LONG) is highest with a current ratio of 11.2. eLong Inc. is an independent travel service company with a national presence across the Peoples' Republic of China. The Company uses Web-based distribution technologies and a 24-hour nationwide call center to provide consumers with travel information, and the ability to access hotel reservations at discounted rates at hotels in major cities across the country.

Potential upside of 62.6% exists for eLong, based on a current level of $13.84 and analysts' average consensus price target of $22.50. The stock should find initial resistance at its 50-day moving average (MA) of $16.83 and further resistance at its 200-day MA of $17.78.

Morgans Hotel (NASDAQ:MHGC) is next with a current ratio of 5.2.

Morgans Hotel share prices have moved between a 52-week high of $11.46 and a 52-week low of $4.38 and are now trading 42% above that low price at $6.24 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has slid 0.7%.

Finishing up the top three is Ambassadors (NASDAQ:EPAX), with a current ratio of 3.1. Ambassadors has traded 16,000 shares thus far today, vs. average volume of 126,000 shares per day. The stock has outperformed the Dow (0.2% to the Dow's -1.7%) and outperformed the S&P 500 (0.2% to the S&P's -2.0%) during today's trading.