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Starwood Hotels & Resorts

Industry: Hotels Motels

Fortune Rank: 438

Starwood Hotels & Resorts is a hotel and leisure company with upscale properties around the world. For the 6 months ended 6/30/05, revenues increased 14% to $2.97B. Net income from continuing operations increased 46% to $224M. Revenues reflect an increase in sales from other hotel and leisure business. Net income also reflects lower interest expenses, and increased equity earnings from unconsolidated joint venture.

Starwood Hotels & Resorts Worldwide, Inc. (Starwood) is a hotel and leisure company that conducts operations in 80 countries. The Company is represented worldwide through six brand names: St. Regis, The Luxury Collection, Sheraton, Westin, W and Four Points by Sheraton. Its operations are grouped into two business segments: hotels and vacation ownership operations. The Company's revenue and earnings are derived primarily from hotel operations, which include the operation of its owned hotels, management and other fees earned from hotels it manages, and the receipt of franchise and other fees. The hotel business included 733 owned, managed or franchised hotels with approximately 231,000 rooms as of December 31, 2004. Starwood develops, owns and operates 19 vacation ownership resorts. It also markets vacation ownership interests (VOIs) in the resorts and provides financing to customers who purchase such interests.

Starwood Hotels & Resorts

Starwood Hotels & Resorts is a Fortune 500 company. In 2010 Starwood Hotels & Resorts was ranked number 438 on the Fortune 500 list, making it the 438th largest company in the United States when judged by revenue.

Starwood Hotels & Resorts achieved revenue of $4,712.00 million in 2010 and earned a profit of $73.00 million.

Starwood Hotels & Resorts's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 417th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $5,907 million (a change of -1 million compared to 2010) and profits of $329 million (a change of -256 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Starwood Hotels & Resorts would be ranked 368th rather than 438th due to its profits of $73 in 2010.

* US$ Million

• Address
  • Starwood Hotels & Resorts
    1111 Westchester Avenue
    White Plains
    NY
    10604
• Contact Details
  • Phone: 914-640-8100
  • Fax: 914-640-8310
  • Website: www.starwoodhotels.com
  • Stock Symbol: HOT

• Manhattan office space

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