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Home » Starwood Reports Q3 RevPAR Growth Of 13.2%
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Starwood Reports Q3 RevPAR Growth Of 13.2%

By Hotel BusinessOctober 26, 20051 Min Read
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WHITE PLAINS, NY— Starwood Hotels & Resorts International has reported that Q3 RevPAR jumped 13.2%, compared to the same period in 2004, while the companys RevPAR outlook for Q4–growth of 10%-12%–is also strong. Meanwhile, Starwood, whose brands include St. Regis, Westin, W, Sheraton, Four Points, and Luxury Collection, provided Wall Street with guidance for 2006 that indicated RevPAR growth of 8%-10%. Analysts attributed the strong showing to two factors: the continuing strength of consumer demand industry-wide and Starwoods particular concentration of city center hotels, a segment experiencing especially high demand.

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