Tourism-related shares drag down European stocks, Zodiac slumps
* FTSEurofirst 300 index down 1.3 percent
* Tourism-related stocks fall on U.S. travel alert
* Zodiac Aerospace slumps after earnings update
By Atul Prakash
LONDON, Nov 24 (Reuters) - European shares dropped to a one-week low on Tuesday, with disappointing updates from companies such as Zodiac Aerospace and a blow to tourism stocks from a U.S. travel warning putting pressure on the market.
The pan-European FTSEurofirst 300 index was down 1.3 percent at 1,480.23 points by 0912 GMT after hitting a one-week low. It had closed 0.3 percent lower on Monday.
Germany's DAX outperformed the wider market after a survey showed German business morale unexpectedly improved in November but was still down 0.8 percent.
Zodiac shares sank more than 11 percent after the aerospace supplier posted a 44.6 percent drop in core annual earnings following production delays at its troubled aircraft seats division.
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