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Stock Market & Financial Investment News

News Breaks
January 22, 2013
08:04 EDTHOTStarwood Hotels sees positive trends in North America in 2013
From the 2013 American Lodging Investment Summit in Los Angeles, Starwood Hotels & Resorts Worldwide announced that it opened 23 hotels in North America in 2012 and signed more new deals than in the previous two years, including 21 conversions. Looking ahead to 2013, Starwood anticipates its strongest year of openings in North America since before the global economic crisis with 28 scheduled openings. Conversions will continue to fuel growth with in-the-year conversions expected to result in additional new hotel openings this year. "There are a number of positive trends in the North American hospitality market and we expect more than one-third of Starwood's hotel openings around the world to be in the U.S. and Canada in 2013," said the company. "Our strong brands, global scale and presence, powerful systems and growing base of loyal customers continue to set Starwood apart from our competition. We are seeing increased interest among owners in initiating new hotels with Starwood especially around conversions."
News For HOT From The Last 14 Days
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May 29, 2015
08:33 EDTHOTStarwood achieved strongest first 5 months of year for deal signings since 2008
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May 28, 2015
16:03 EDTHOTOptions Update; May 28, 2015
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16:00 EDTHOTStarwood June calls active
Starwood June 85 and 87.5 calls active on total call volume of 18K contracts (2K puts). May weekly option implied volatility is at 22, June and August is at 24; compared to its 26-week average of 27. Active call volume suggests traders taking positions for price movement.
08:01 EDTHOTStarwood to debut in Myanmar with signing of Sheraton Yangon Hotel
Starwood Hotels & Resorts Worldwide announced its market debut in the Republic of the Union of Myanmar with the signing of Sheraton Yangon Hotel, a new build property in the dynamic capital city. Located in the Tamwe Township, near Kandawgyi Lake, the Sheraton Yangon Hotel will feature 375 guest rooms outfitted with signature brand amenities.
May 20, 2015
08:37 EDTHOTMorgan Stanley to hold a conference
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May 15, 2015
10:55 EDTHOTJANA Partners gives quarterly update on stakes
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