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Fitch: Starwood Hotels view stable
Fitch Ratings said it affirmed Starwood Hotels & Resorts Worldwide Inc.'s issuer default rating at BB+, $1.875 billion senior unsecured credit facility at BB+ and $2.7 billion of senior unsecured notes at BB+.
The outlook was revised to stable from negative.
The affirmation and outlook revision reflect the modestly improving recovery in lodging demand trends and management's continued efforts to support its balance sheet, Fitch said.
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