In the following video, Fool contributor Matt Thalman discusses a few metrics and areas investors should focus their attention on when looking at Starwood's (NYSE:HOT) upcoming earnings report.

Investors need to be looking at worldwide and North American revenue per available room to see whether any trends are emerging -- in particular, how different markets compare with last year's results and those of the past few quarters. Matt will be watching the company's share-buyback program, which, as of last quarter had $180 million remaining to put to work. What happens here may indicate how bullish the management is on the future, so Matt says he'll be keeping an eye on whether the company is going to initiate and fund a new program.

For more, click on the video.