Summary Box: 2nd-quarter results at Starwood Hotels & Resorts Worldwide

Summary Box: Starwood Hotels & Resorts earnings

BOTTOM LINE: Costs dragged down net income at Starwood Hotels & Resorts Worldwide Inc. 15 percent during the second quarter.

HIGHER PRICES: Prices for hotel rooms finally began to rise, helping the owner of Sheraton and Westin hotels boost revenue by 10 percent.

FULL(ER) HOTELS: Occupancy rates rose during the quarter at Starwood. They’ve been climbing at chains in recent months as travelers resume vacationing and corporations relax their tightened travel budgets.