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Strategies & Market Trends : Starwood Lodging REIT

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To: KS who wrote (17)4/13/1999 7:54:00 AM
From: Mike 2.0  Read Replies (1) of 20
 
I too like what's going on. Starwood is in talks to sell its gaming business including Caesars. The company would then focus on hotel businesses. Sheraton brand is an obvious winner. The Reuters news release I saw came out @ 1:45pm; HOT edged down 1/4 for the day. I think the news is good but one also wonders how well their gaming business is doing now, short term, and whether this has any effect on near term earnings. What does thread think??
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