Starwood Hotels & Resorts has announced a 50% increase in its dividend for shareholders. The $0.30 per share divi will be paid December 30.
The payout comes off the back of improved figures at the group. Reporting for the quarter ended 30 September, Starwood saw REVPAR up 9.1% to £116.22 and occupancy up 5.1% to 66.6% across the group, compared with the same period in 2009.
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