Starwood Hotels CFO: Middle East Turmoil 'Hurting Our Business' | wsj.com

Escalating political turmoil and violence in the Middle East is blemishing a robust lodging recovery in global markets for Starwood Hotels & Resorts Worldwide Inc. (HOT). The company, which swung to a profit in the fourth quarter, said the Middle East and Africa were the only regions that haven't fully recovered from one of the worst brutal downturns in the hotel industry.

Read the full article
Markets & Performance Markets & Performance

Winner of 37 Pulitzer Prizes for outstanding journalism, The Wall Street Journal includes coverage of U.S. and world news, politics, arts, culture, lifestyle, sports, health and more. It's a critical resource of curated content in print, online and mobile apps, complete with breaking news streams, interactive features, video, online columns and blogs.