Starwood Hotels & Resorts Worldwide Inc. Reports Operating Results (10-K)

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Feb 18, 2011
Starwood Hotels & Resorts Worldwide Inc. (HOT, Financial) filed Annual Report for the period ended 2010-12-31.

Starwood Hotels & Resorts has a market cap of $12.31 billion; its shares were traded at around $64.58 with a P/E ratio of 51.7 and P/S ratio of 2.4. The dividend yield of Starwood Hotels & Resorts stocks is 0.5%.Hedge Fund Gurus that owns HOT: John Griffin of Blue Ridge Capital, John Griffin of Blue Ridge Capital, Steven Cohen of SAC Capital Advisors, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns HOT: Ken Heebner of Capital Growth Management LP, Ron Baron of Baron Funds, Ron Baron of Baron Funds, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC, Pioneer Investments.

Highlight of Business Operations:

This Annual Report is filed by Starwood Hotels & Resorts Worldwide, Inc., a Maryland corporation (the Corporation). Unless the context otherwise requires, all references to the Corporation include those entities owned or controlled by the Corporation, including SLC Operating Limited Partnership, a Delaware limited partnership (the Operating Partnership), which prior to April 10, 2006 included Starwood Hotels & Resorts, a Maryland real estate investment trust (the Trust), which was sold in the Host Transaction (defined below); all references to the Trust include the Trust and those entities owned or controlled by the Trust, including SLT Realty Limited Partnership, a Delaware limited partnership (the Realty Partnership); and all references to we, us, our, Starwood, or the Company refer to the Corporation, the Trust and its respective subsidiaries, collectively through April 7, 2006. Until April 7, 2006, the shares of common stock, par value $0.01 per share, of the Corporation (Corporation Shares) and the Class B shares of beneficial interest, par value $0.01 per share, of the Trust (Class B Shares) were attached and traded together and were held or transferred only in units consisting of one Corporation Share and one Class B Share (a Share). On April 7, 2006, in connection with a transaction (the Host Transaction) with Host Hotels & Resorts, Inc., its subsidiary Host Marriot L.P. and certain other subsidiaries of Host Hotels & Resorts, Inc. (collectively, Host), the Shares were depaired and the Corporation Shares became transferable separately from the Class B Shares. As a result of the depairing, the Corporation Shares trade alone under the symbol HOT on the New York Stock Exchange (NYSE). As of April 10, 2006, neither Shares nor Class B Shares are listed or traded on the NYSE.

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