• Occupancy lifts Starwood

Starwood Hotels saw global revpar rise 5.3% in the fourth quarter, ending the year strongly. Results exceeded profit expectations, helped by strong occupancies in the US and Europe.

During the quarter, Starwood signed 58 contracts, adding 11,700 rooms to the pipeline. It completed USD125m of hotel sales, repurchasing USD78.6m of shares.
Read the full story here:
http://starwood.q4web.com/files/doc_financials/quarterly/2013/2013-4Q%20HOT%20Earnings%20Release%20&%20Facts%20Pack%20-%20Final.pdf

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