Starwood 1Q profit drops, but results top Street

Courtesy Newsvine - business  Thu, 04/30/2009 - 04:24

Starwood Hotels & Resorts says its first-quarter profit plunged 81 percent, but adjusted results beat analysts' estimates as deep cost cuts helped offset softening travel demand.


 

Related items

Starwood 2Q profit rises on Italian program
Starwood Hotels & Resorts says its second-quarter profit rose 28 percent as the lodging chain benefited from tax incentives in Italy.

Alcoa Inc. turns 1Q profit on stronger sales
Alcoa Inc. said Monday it turned a first-quarter profit on stronger sales at higher prices that were offset by a weaker dollar and higher costs for energy and raw materials.

DealBook: Hilton and Starwood Settle Dispute
Hilton Worldwide and Starwood Hotels & Resorts Worldwide reached a settlement over claims that Hilton executives stole confidential documents related to Starwood's successful W chain.

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com