Starwood Reports First Quarter 2015 Results

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Starwood Hotels (HOT) to Explore Strategic Options

April 29, 2015 7:05 AM EDT

Starwood Hotels (NYSE: HOT) announced today that its Board of Directors has determined to explore a full range of strategic and financial alternatives to increase shareholder value, and has retained Lazard to assist in the process.

Bruce W. Duncan, Chairman of the... More

Starwood Hotels (HOT) Tops Q1 EPS by 8c

April 29, 2015 7:04 AM EDT

Starwood Hotels (NYSE: HOT) reported Q1 EPS of $0.65, $0.08 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.39 billion.

Adam Aron, CEO on an interim basis, said, In the first quarter, our overall... More