Fox News: Starwood Hotels Profit Declines 46% as Travel Drops

[riky]

Starwood Hotels Profit Declines 46% as Travel Drops
     

Things aren't so HOT at Starwood Hotels and Resorts (HOT) where profits fell 46% in the fiscal fourth quarter due to worldwide travel cuts brought on by the global recession. Revenue fell 17% to $1.33 billion.
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