Centaurus Financial - we invest in your success
CuraDebit Free Debt Analysis
  Home > Fortune 500 Companies > Starwood Hotels&resworldwide

Starwood Hotels&resworldwide



Starwood Hotels& Resorts worldwide is a publicly traded company having a good stock performance result. Starwood Hotels&resworldwide is a fortune 500 stock listed company trading under HOT.




 


Starwood is one of the world's major hotel and leisure companies. They conduct their hotel and leisure business both directly and through their subsidiaries. Their brand names include St. Regis , The Luxury Collection, Sheraton, Westin, W and Four Points by Sheraton.




Starview’s revenue and earnings are derived primarily from hotel operations. At December 31, 2004, the company employed approximately 120,000 employees at their corporate offices, owned and managed hotels as well as vacation ownership resorts .Out of these approximately 44 percent were employed in the United States.



 


Starwood Hotels & Resorts Worldwide, Inc.announced that Starwood Hotels & Resorts, a subsidiary of the Company whose shares are traded together with the Company's shares, has declared a second quarter dividend of 0.21 dollars per share. The dividend will be payable on April 7, 2006 to shareholders of record on March 27, 2006. This dividend is being paid in connection with the Host Marriott transaction, which is now expected to close in April. It is expected that the remaining 2006 dividend will be declared by the corporation in December to be paid in January, as set forth in the recently announced dividend policy that was adopted by the Board of Directors.



 


For its 2003 fiscal year, Starwood Hotels & Resorts Worldwide declared itself as an organization headquarted in White Plains, NY with 4.6 billion dollars in revenue.



 


EPS from continuing operations for the fourth quarter of 2005 increased 37 percent to


0.70 dollars, compared to 0.51 in the fourth quarter of 2004. Excluding special items,


EPS from continuing operations increased 25 percent to 0.71dollars for the fourth quarter of 2005 compared to 0.57 dollars for the fourth quarter of 2004.



 


Net income for the fourth quarter of 2005 increased to159 million dollars, compared to net income of 100 million dollars in the fourth quarter of 2004. Excluding special items, income from continuing operations increased 32 percent to 162 million dollars in the fourth quarter of 2005 compared to 123 million dollars in the same period of 2004.



 


The company Starwood Hotels& Resorts worldwide strives for excellence in everything that they do including excellent customer service for customers, a great place to work for employees and outstanding performance for shareholders.


Back to Fortune 500 Companies

 
 
Infinit-i