316206--2/27/2007--STARWOOD_HOTEL_&_RESORTS_WORLDWIDE_INC

related topics
{cost, contract, operation}
{investment, property, distribution}
{operation, natural, condition}
{condition, economic, financial}
{property, intellectual, protect}
{stock, price, share}
{provision, law, control}
{tax, income, asset}
{customer, product, revenue}
{loan, real, estate}
{operation, international, foreign}
{regulation, change, law}
{loss, insurance, financial}
{competitive, industry, competition}
{system, service, information}
{product, market, service}
General Economic Conditions May Negatively Impact Our Results. We Must Compete for Customers. We Must Compete for Management and Franchise Agreements. Any Failure to Protect our Trademarks Could Have a Negative Impact on the Value of our Brand Names and Adversely Affect our Business. Significant Owners of Our Properties May Concentrate Risks. The Hotel Industry Is Seasonal in Nature. Third Party Internet Reservation Channels May Negatively Impact our Bookings. We Place Significant Reliance on Technology. Our Businesses Are Capital Intensive. Real Estate Investments Are Subject to Numerous Risks. Hotel and Resort Development Is Subject to Timing, Budgeting and Other Risks. International Operations Are Subject to Special Political and Monetary Risks. Risks Relating to Operations in Syria Risks Relating to So-Called Acts of God, Terrorist Activity and War Some Potential Losses are Not Covered by Insurance Investing Through Partnerships or Joint Ventures Decreases Our Ability to Manage Risk Our Vacation Ownership Business is Subject to Extensive Regulation and Risk of Default Failure of the Trust to Qualify as a REIT Would Increase Our Tax Liability. Evolving government regulation could impose taxes or other burdens on our business. Risks Relating to Ownership of Our Shares No Person or Group May Own More Than 8% of Our Shares. Our Board of Directors May Issue Preferred Stock and Establish the Preferences and Rights of Such Preferred Stock. Our Board of Directors May Implement Anti-Takeover Devices and our Charter and By-Laws Contain Provisions which May Prevent Takeovers.

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