NEW YORK (Standard&Poor's) Jan. 17, 2002--Standard&Poor's today resolved the CreditWatch status for four investment-grade companies in the lodging industry that were placed on CreditWatch on Sept. 21, 2001 (see list below). These rating actions are part of Standard&Poor's ongoing review of the industry following the impact of the terrorist attacks of Sept. 11, 2001, and the slowing economy. Four ratings were affirmed--for Hyatt Equities LLC, Choice Hotels International Inc., Marriott International Inc., and Hilton Hotels Corp.; two of the affirmations were with stable outlooks (Hyatt Equities and Choice Hotels International), and two of the affirmations were with negative outlooks (Marriott International and Hilton Hotels). The ratings for Starwood Hotels&Resorts Worldwide Inc. remain
