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Starwood Hotels & Resorts, Q2 2008 Earnings Call Transcript

Starwood Hotels & Resorts (HOT) Q2 2008 Earnings Call Complete Story »

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Starwood Hotels second-quarter profit falls to $105 million

LONDON (MarketWatch) -- Starwood Hotels and Resorts Worldwide Inc. on Thursday said second-quarter net income fell to $105 million, or 56 cents a share, from $145 million, or 67 cents a share, a year ago. Consensus expectations were for the White Plains, N.Y.-based firm to post earnings of 52 cents a share, according to a FactSet Research survey of analysts. "While international lodging demand remains...

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Hotel Stocks, Like Many Others, Probably Not a Good Investment Right Now

As predicted Marriott Hotels are not alone in this tough economy. Starwood Hotels just announced their second quarter earnings which were also down but by a "better-than-expected" 16.4 percent. Still Starwood expects lodging demand to keep weakening for the rest of the year. And if you were thinking about investing in hotel stocks, think again. In morning trading, Starwood shares fell $3.25, or 8.2...

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Crunch Time at Ryland, Pulte Homes

The homebuilders' miserable quarters weigh heavily on shares and the sector. Plus, Starwood Hotels is still a value trap.

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Inside Portfolio.com Newsletter: The Vong Show

Inside Portfolio Food & Drink The Vong Show On a recent June afternoon at Jean Georges restaurant in New York, it didn't matter that the namesake chef was off dealing with legal issues. Since Jean-Georges Vongerichten inked a deal with Starwood Hotels to expand his restaurant empire, however, it will be harder to finesse the disappearing act. Read More Business Travel Don't Take a Flier on Airlines...

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Starwood Insider - Jeremy McCarthy - The Indoor Slopes of Dubai

Jeremy McCarthy is the Director of Spa Operations Development and Marketing for Starwood Hotels & Resorts and thelobby.com's expert on everything spa. While in Dubai, I couldn't resist taking a few runs on one of the world's largest indoor ski...

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Small Business Administration...loans to Dell, Home Depot, other Fortune 500

During 2006 and 2007, DOI reported millions of dollars in contracts to Fortune 500 corporations such as Dell, GTSI, Home Depot, John Deere, McGraw-Hill, Ricoh, Sherwin Williams, Starwood Hotels, Waste Management Incorporated, Weyerhaeuser, World Wide Technology and Xerox Corporation as small business contracts. The DOI Office of Inspector General's report is the latest investigation to contradict two...

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Luxury hotel brand St Regis to make Dubai debut

Luxury hotel brand St Regis to make Dubai debut Staff Report Published: July 15, 2008, 10:22 Dubai: Luxury hotel brand St Regis will make its debut in Dubai after parent company Starwood Hotels signed a deal to bring the chain to the city in 2012. The St Regis Dubai and The Residences at The St Regis Dubai will feature [...]

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Starwood Insider - Jeremy McCarthy - Heavenly Time in Dubai

Jeremy McCarthy is the Director of Spa Operations Development and Marketing for Starwood Hotels & Resorts and thelobby.com's expert on everything spa. The new Westin Mina Seyahi Beach Resort and Marina recently opened their Heavenly Spa by Westin featuring a...

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How growth destroyed brand value at Starbucks, warehouse club shopping tips & 6 ways to downsize in retirement

Filed under: Apple Inc (AAPL) , General Electric (GE) , Time Warner (TWX) , Starbucks (SBUX) , General Motors (GM) , Toyota Motor Corp. (TM) , Citigroup Inc. (C) , Money and Finance Today , Anheuser-Busch Cos (BUD) , Federal Natl Mtge (FNM) , Starwood Hotels Worldwide (HOT) , JetBlue Airways (JBLU) In the News: · GE Profits Fall as Earnings Meet Estimates · Oil Surges for Second Straight Day · Fannie...

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20 Percent Off with Starwood’s Italian Summer Vacation: Hotel Gritti Palace, Hotel Danieli, and More!

Savor la dolce vita in Italy this summer at some of the most opulent hotels in Europe. Lucky you: Starwood Hotels has decided to put its Italian properties on sale this summer, including brands like the Luxury Collection, St. Regis and Westin. So you can soak up the sun, sip some limoncello, dig into some [...]

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Back To The Land, New York Times Style

The article starts off really badly, with a picture of farmer Dan Gibson's modest little farmhouse with a porte coucher big enough to park a combine harvester, and a description of how the former VP of Starwood Hotels raises Angus cattle but spends his spare time in house that "has a theater that wouldn’t be out of place in a Steven Spielberg residence, a wine cellar and a log cabin annex with a magnificent...

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Starbucks to close 600 stores

Filed under: Starbucks (SBUX) , Starwood Hotels Worldwide (HOT) MSNBC reports that Starbucks (NASDAQ: SBUX ) is closing 600 stores. The closings could eliminate as many as 12,000 jobs -- this is 7 percent of Starbucks' global workforce. The move makes sense in the context of declining demand. But it also represents a reversal of its long-term strategy. Starbucks, known for sometimes going so far as...