The American hotel chain, Starwood, made profits in the first quarter of the current year that exceeded the figures of the same period in 2009.In January, February and March 2010, Starwood posted profits of $30 million, quintupling the profits of the first half of 2009, when it made $6 million.
The chain's turnover reached US$1,187 million, 5.3% more than in the first three months of 2009. Worldwide available room revenue (RevPar) increased 6.3% to $97.85, occupancy increased to 5.2% to 61.9%, and ADR (the average daily rate) decreased 2.6% to $158.18.
