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Stock Market & Financial Investment News

News Breaks
February 13, 2014
06:03 EDTHOTStarwood Hotels reports Q4 EPS ex-items 73c, consensus 70c
Reports Q4 revenue $1.51B, consensus $1.53B. Worldwide Systemwide REVPAR for Same-Store Hotels increased 5.3% in constant dollars compared to 2012. Systemwide REVPAR for Same-Store Hotels in North America increased 6.1% in constant dollars.
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September 16, 2014
16:33 EDTHOTStarwood continues to expand Latin American portfolio
From the South American Hotel Investment Conference in Quito, Starwood Hotels & Resorts Worldwide announced that it is continuing its aggressive growth strategy in Latin America with significant gains across its Specialty Select Brandsí, Four Points by Sheraton and Aloft. Currently, Starwood operates 80 hotels in the region, with 17 additional properties under development. The company also announced the appointment of Victor Vazquez to the role of Vice President, Development and Acquisitions for Latin America.
09:17 EDTHOTStarwood says Aloft brand to debut in El Paso, Texas
Starwood Hotels & Resorts Worldwide announced plans for its leading-edge Aloft brand to debut in El Paso, Texas. Owned by Bassett Partners EP and managed by Aimbridge Hospitality, Aloft El Paso Downtown is scheduled to open in July 2016, featuring 100 rooms.
September 11, 2014
08:46 EDTHOTStarwood plans Las Alcobas luxury hotel debut
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