Starwood boosts third-quarter earnings by 25%

Starwood Hotels and Resorts boosted its third-quarter earnings before interest, tax, depreciation and amortisation (Ebitda) by 25% to $291m (£159m). Net ...

The company (whose brands include Sheraton, Westin and W) forecasts a 23% rise in full-year Ebitda to $1.1b (£607m) on a turnover of $5.3b (£2.9m).

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