Starwood, for recovery rates and employment
Starwood Hotels & Resorts has experienced a decline in second quarter net profit of 14.9 % ( 134 to 114 million dollars, including 36 million of the proceeds from the sale of two W Hotels in New York) but argues that tariffs and employment are recovering and that revenues have exceeded expectations. The RevPAR increased 11 , 9 % due to the resumption of business , which constitute 75% of the turnover of Starwood. A week ago, Marriott International has also released the data in the second quarter that saw net income nearly tripled to 119 million dollars. Hotel Rooms
