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With the rebounding economy, the hotel industry is heating up and it appears that Starwood Hotels (NYSE: HOT) is the hottest. Starwood is a leading hotel and leisure company, with brands that include St. Regis, Westin, Sheraton, Four Points and Element -- having over 1,000 hotels in 100 countries.
S&P noted that hotel room pricing was up 4.2% and occupancy was up 2.5%. Meanwhile, revenue per available room for same-store hotels was up 5% in 2012, with estimates for another mid- to high-single digit rate increase in 2013.
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