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| | #1 |
| Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
| Starwood Reports a Loss on Travel Slump
Starwood Hotels & Resorts Worldwide Inc. reported a fourth-quarter loss as revenues tumbled amid an economic downturn and the travel crisis after the Sept. 11 terror attacks, but they expect to benefit as the economy rebounds later this year. Starwood reported a loss from continuing operations before items of $2 million, or 1 cent per share, compared with a profit of $130 million, or 64 cents a share, in the year-earlier quarter. http://www.nytimes.com/reuters/busin...ood-earns.html |
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| | #2 |
| Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
| Starwood Reports a Loss on Travel Slump
Starwood Hotels & Resorts Worldwide Inc. reported a fourth-quarter loss as revenues tumbled amid an economic downturn and the travel crisis after the Sept. 11 terror attacks, but they expect to benefit as the economy rebounds later this year. Starwood reported a loss from continuing operations before items of $2 million, or 1 cent per share, compared with a profit of $130 million, or 64 cents a share, in the year-earlier quarter. http://www.nytimes.com/reuters/busin...ood-earns.html |
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| | #3 |
| Member ![]() ![]() ![]() Join Date: Oct 2009
Posts: 61
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Thank You for you information. your information is quite useful for me. Next week i am going to New York. Let me check this hotel on LastMinuteTravel. New York Hotel |
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