Management fees, franchise fees and other income were $246 million, up $12 million, or 5.1% compared to the fourth quarter of 2011. Management and franchise revenues increased 11.2% to $238 million. Management fees increased 9.8% to $146 million and franchise fees increased 6.4% to $50 million.For the full year 2012, Worldwide Systemwide REVPAR for Same-Store Hotels increased 5.0% in constant dollars (3.2% in actual dollars) compared to the full year 2011. Worldwide Same-Store Company-Operated gross operating profit margins increased 90 basis points. Management fees, franchise fees and other income were $888 million, up $74 million, or 9.1% compared to the full year 2011. Management and franchise revenues increased 11.5% to $861 million. Management fees increased 11.9% to $509 million and franchise fees increased 7.0% to $200 million.
Starwood Reports Fourth Quarter 2012 Results
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