Starwood Hotels (HOT) Tops Q2 EPS by 4c

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Starwood Reports Second Quarter 2015 Results

July 30, 2015 7:01 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported second quarter 2015 financial results.

Second Quarter 2015 Highlights

Excluding special items, EPS from continuing operations was $0.84. Including special items, EPS from continuing operations was $0.79. Adjusted EBITDA was $311 million. Excluding special items, income from continuing operations was $143 million. Including special items, income from continuing operations was $136 million. Worldwide Systemwide REVPAR for Same-Store Hotels increased 4.1% in constant dollars (decreased 0.7% in actual dollars) compared to 2014.... More