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Starwood Hotels & Resorts (HOT) Earnings Report: Q3 2015 Conference Call Transcript

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The following Starwood Hotels & Resorts (HOT - Get Report) conference call took place on October 28, 2015, 01:00 PM ET. This is a transcript of that earnings call:

Company Participants

  • Stephen Pettibone; Starwood Hotels & Resorts Worldwide; Investor Relations
  • Adam Aron; Starwood Hotels & Resorts Worldwide; CEO
  • Tom Mangas; Starwood Hotels & Resorts Worldwide; CFO

Other Participants

  • Shaun Kelley; BofA Merrill Lynch; Analyst
  • Ryan Meliker; Canaccord Genuity; Analyst
  • Steven Kent; Goldman Sachs; Analyst
  • Carlo Santarelli; Deutsche Bank; Analyst
  • Thomas Allen; Morgan Stanley; Analyst
  • Joe Greff; JPMorgan; Analyst
  • Felicia Hendrix; Barclays Capital; Analyst
  • Harry Curtis; Nomura Securities; Analyst
  • Smedes Rose; Citigroup; Analyst
  • Robin Farley; UBS; Analyst
  • Ian Rennardson; Jefferies International; Analyst
  • Rich Hightower; Evercore ISI; Analyst
  • Vince Ciepiel; Cleveland Research Company; Analyst

MANAGEMENT DISCUSSION SECTION Operator: Good morning and welcome to the Starwood Hotels & Resorts third-quarter 2015 earnings conference call.

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(Operator Instructions) I will now turn the call over to Mr. Stephen Pettibone, Vice President of Investor Relations. Sir, you may begin. Stephen Pettibone (Investor Relations): Thank you, [Bettina]. And thanks to all of you for dialing in to Starwood's third-quarter 2015 earnings call. Joining me today are Adam Aron, our CEO on an interim basis, and Tom Mangas, our CFO and Executive Vice President. Before we...


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