Starwood Hotels and Resorts is not performing well as shown in the performance charts released in the third quarter of 2014.
Late in 2013, they released a report that will show the full-profit that they will get in 2014. They were very positive about the expectations that they have set. On the one hand, it showed that they fell short.
There are a lot of factors that could be counted in for this event. First off, their hotels are being converted to franchised purchases. This means that they no longer have the control of the total doings inside one of their units. Next, they have the tough competition going on.
These problems add up and the market is expecting another disappointment from Starwood Hotels and Resorts. These are happening despite the fact that the company posted numbers a little lower than what the market expected of them. Their stats are seating at $2.79-$2.83 per share while the expectations come at $2.84.
To look at it at the trading spectrum, the decrease is equivalent to 6.6 percent. This means that they have shed out $75.62 when the trade opened.
It will be a long way for Starwood Hotels and Resorts. However, they still have enough cards in their pocket. The investors are looking at the quality of the amenities to help the company get back up.