Procurement
The average daily rate during the second quarter at Starwood Hotels & Resorts Worldwide properties nearly was flat versus a year earlier,
edging upward 0.6 percent. ADR in North America rose 3.8 percent year over year. Occupancy increased by 2.5 percentage points to 71.5 percent globally and by 2.1 percentage points to 75.7 percent in North America. Starwood's second quarter net income was $122 million, down from $131 million a year earlier.