WASHINGTON, D.C.— Hotel management firm MeriStar Hotels & Resorts reported a narrower fourth-quarter net loss, and said it expects to report a loss in its first quarter. MeriStar reported a fourth-quarter loss of $4.3 million, or 12 cents per share, compared with a loss of $14.3 million,or 40 cents a share, a year earlier. Quarterly revenues fell 11% to $64.9 million, compared with $73 million a year earlier. MeriStar expects to report a first-quarter loss of 6 cents to 7 cents per share, and sees its full-year earnings at 1 cent per share. Results reflect a sluggish economy and significantly lower levels of travel nationwide following the events of Sept. 11.
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