Starwood Hotels Post Loss As It Boosts 2010 Outlook | wsj.com
Starwood Hotels & Resorts Worldwide Inc. (HOT) swung to a loss in the fourth quarter on charges related to its vacation-ownership business. But, the hotelier's improved outlook for 2010 is poised to be a positive harbinger for lodging companies reporting in its wake and provide a lift for hotel stocks this session. Amid strengthening demand, Starwood projected 2010 earnings of 63 cents a share, versus the 56-cent average prediction from a poll...