Starwood Hotels Profit Falls 15% | WSJ.com

Starwood Hotels & Resorts Worldwide Inc.'s earnings fell 15% on charges as the lodging company continued to see demand improve. Results beat analysts' expectations and Starwood boosted its 2010 forecast again, this time to earnings of 93 cents to $1.05 a share on revenue per available room growth of 7% to 9%. In April Starwood had raised its earnings forecast to 88 cents on revpar of 5% to 8%.