Starwood Hotel and Resorts Worldwide Newswire

Starwood Hotel and Resorts Worldwide Newswire

Comprehensive Real-Time News Feed for Starwood Hotel and Resorts Worldwide.

Results 1 - 20 of 1,997 in Starwood Hotel and Resorts Worldwide

  1. Charleston BAR gives initial nod to 2 new downtown hotelsRead the original story w/Photo

    4 hrs ago | Post and Courier

    Two proposed hotels for peninsular Charleston scored a boost this week after clearing tentative approval under the city's strict architectural standards. The Board of Architectural Review gave an initial nod to a new 50-room hotel planned at 6 Anson St., just off North Market Street, where another 50-room lodging is proposed by the same developer, Gramling Brothers Real Estate and Development.

    Comment?

  2. Share This on TwitterRead the original story w/Photo

    6 hrs ago | Hotel Online

    Hotel-Online >> News >> Marriott International Reports Q2 2016 Net Income of $247 million, a 3% Increase Over Prior Year Results Second quarter reported diluted EPS totaled $0.96, a 10 percent increase over prior year results. Excluding transition and transaction costs related to the Starwood acquisition, second quarter adjusted diluted EPS totaled $1.03, an 18 percent increase over prior year results; North American comparable systemwide constant dollar RevPAR rose 3.2 percent in the second quarter.

    Comment?

  3. Sheraton Debuts 15th Hotel in TexasRead the original story w/Photo

    10 hrs ago | Hotel Business

    Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc., has opened the Sheraton Georgetown Texas Hotel & Conference Center, a 222-room hotel located here. A joint venture between owners Hines and Novak Brothers, the new hotel is the brand's 15th hotel to open in the state.

    Comment?

  4. Sheraton Hotels & Resorts Debuts 15th Hotel In Texas With The Grand...Read the original story

    10 hrs ago | Hotel Interactive

    To pass the Bot Test , please type the white text that you see in the gray box. This helps us prevent spammers from abusing the system.

    Comment?

  5. Starwood Hotels & Resorts Worldwide Inc. (HOT) Lowered to "Hold" at TheStreetRead the original story w/Photo

    19 hrs ago | AmericanBankingNews.com

    Other analysts have also issued research reports about the stock. Canaccord Genuity restated a "buy" rating on shares of Starwood Hotels & Resorts Worldwide in a research report on Saturday, April 2nd.

    Comment?

  6. Marriott International tops Street 2Q forecastsRead the original story

    Yesterday | The Gazette

    The Bethesda, Maryland-based company said it had profit of 96 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were $1.03 per share.

    Comment?

  7. Starwood reports loss from continuing operations in the second quarter of 2016.Read the original story

    Wednesday | 4 Hoteliers

    Starwood Hotels & Resorts Worldwide reported a loss per share from continuing operations for the second quarter of 2016 of $0.20 compared to EPS of $0.69 in the second quarter of 2015. Excluding special items, EPS from continuing operations was $0.71 for the second quarter of 2016 compared to $0.69 in the second quarter of 2015.

    Comment?

  8. Marriott's profit rises 2.9%Read the original story w/Photo

    Wednesday | MarketWatch

    Marriott International Inc. said its second-quarter earnings rose 2.9% as the lodging company nears the close of its pending deal for Starwood Hotels & Resorts Worldwide Inc. The Bethesda, Md., company's planned acquisition of Starwood had been stalled by a bidding war with Chinese insurance firm Anbang Insurance Co., which ultimately walked away from its an unsolicited takeover offer for Starwood after bidding as much as $14 billion. Chief Executive Arne M. Sorenson said in prepared remarks that while hotel performance in the latest quarter reflected generally slower economic growth, leisure travel demand remained robust and group business performed well.

    Comment?

  9. Marriott (MAR) Stock Falling in After-Hours Trading Despite Q2 Earnings BeatRead the original story w/Photo

    Wednesday | TheStreet.com

    Shares of Marriott International are decreasing 2.17% to $69.01 in after-hours trading despite the hospitality service reporting better-than-expected earnings after today's market close. Marriott posted earnings of $1.03 per share, beating analysts estimates of 98 cents per share.

    Comment?

  10. Skyroam and Starwood Preferred Guest Connect on Innovative...Read the original story w/Photo

    Wednesday | Information Technology

    Driven by a culture of innovation, Starwood Preferred Guest , the award-winning loyalty program of Starwood Hotels & Resorts, and Skyroam , the global hotspot provider, have partnered to provide guests with an easy way to stay connected while traveling. Starting immediately, guests of select Starwood Hotels in Europe and the Middle East can rent Skyroam's portable global hotspot with unlimited WiFi for a minimal fee.

    Comment?

  11. Untitled-1Read the original story w/Photo

    Wednesday | The Real Deal

    Cadre, a real estate finance startup backed by Joshua and Jared Kushner, hired former Starwood Capital Group exec Marcos Alvarado as its new head of acquisitions. The young company has raised $68 million in venture funding and seeks to upend the secretive institutional real estate investment market.

    Comment?

  12. From left: Marcos Alvarado, Ryan Williams and Joshua KushnerRead the original story w/Photo

    Wednesday | The Real Deal

    Cadre, a real estate finance startup backed by Joshua and Jared Kushner, hired former Starwood Capital Group exec Marcos Alvarado as its new head of acquisitions. The hiring adds another high-profile name to the young company, which has raised $68 million in venture funding and seeks to upend the secretive institutional real estate investment market.

    Comment?

  13. Starwood Hotels & Resorts Worldwide Inc. (HOT) Updates Q4 Earnings GuidanceRead the original story w/Photo

    Wednesday | Daily Political

    Starwood Hotels & Resorts Worldwide Inc. updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.79-0.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.83.

    Comment?

  14. AMP Capital Investors Ltd Has $4,711,000 Stake in Starwood Hotels & Resorts Worldwide Inc.Read the original story w/Photo

    Tuesday Jul 26 | Daily Political

    AMP Capital Investors Ltd cut its stake in shares of Starwood Hotels & Resorts Worldwide Inc. by 0.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,308 shares of the company's stock after selling 100 shares during the period.

    Comment?

  15. REIT Replay: In earnestRead the original story

    Tuesday Jul 26 | SNL Financial

    The broader markets were mixed and REITs closed lower on Tuesday, July 26, as REITland's second-quarter earnings season kicked into high gear. The MSCI US REIT Index fell 0.47% to 1,259.93, and the SNL US REIT Equity Index ticked down 0.38% to finish at 336.40.

    Comment?

  16. Terror sends Europe's holidaymakers to safety of Spain, PortugalRead the original story w/Photo

    Tuesday Jul 26 | Stars and Stripes

    Almudena Martin is scrambling to keep up with tourists flooding to the Canary Islands hotels where she works. Reservations are up as much as 20 percent this year as terror attacks and security worries elsewhere draw visitors to the safety of countries like Spain.

    Comment?

  17. Starwood Hotels reports 2Q lossRead the original story w/Photo

    Tuesday Jul 26 | Finance and Commerce

    Starwood Hotels & Resorts Worldwide Inc. on Tuesday reported a second-quarter loss of $263 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Stamford, Connecticut-based company said it had a loss of $1.56.

    Comment?

  18. Beer And A BumpRead the original story w/Photo

    Tuesday Jul 26 | Seeking Alpha

    AB InBev bumped its offer to acquire SABMiller by one pound. Shareholders of SABMiller holders will now get A 45 for the cash consideration.

    Comment?

  19. Starwood Hotels & Resorts Worldwide Inc. (HOT) Reports Second Quarter 2016 LossRead the original story

    Tuesday Jul 26 | Hotel News Resource

    Including special items which total a pre-tax loss of $130 million primarily from asset dispositions, EPS from continuing operations was a loss of $0.20. Worldwide Systemwide REVPAR for Same-Store Hotels increased 1.4% in constant dollars compared to 2015.

    Comment?

  20. Aloft Hotels Plans Third Property in AustraliaRead the original story w/Photo

    Tuesday Jul 26 | Hotel Business

    Starwood Hotels & Resorts Worldwide has signed an agreement with Spotlight Group Holdings Pty Ltd to debut the Aloft brand in Melbourne, Australia. Slated to open in early 2019, the new-build 176-room hotel will form the centerpiece of a state-of-the-art mixed-use development located at 402 Chapel St. in South Yarra, known as "402 Chapel," designed by international architect Tim Kobe from the design firm, Eight Inc. "Together with Spotlight Group Holdings we're delighted to bring the first Aloft hotel to the city of Melbourne.

    Comment?