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Starwood profits drop (Orlando Sentinel)


Published on: Fri, 25 Jul 2008 13:18:23 GMT
Starwood Hotels & Resorts Worldwide Inc. reported $105 million in second-quarter profit Thursday, down 27.6 percent from the same period last year. The hotel company reported that revenue from its Orlando-based time-share division dropped 28.4 percent, to $192 million. The company said strong results in Orlando helped offset performance in other regions. Time-share results outpaced the company's ... More »