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Balance Sheet Cash Flow Statement 903 Calle Amanecer, Ste. 100 San Clemente, CA 92673-6212 CA Tel. 949-369-4000 Fax 949-369-3134 |
Type: Public
On the web:
http://www.sunstonehotels.com
Employees:
47
Employee growth: (13.0%)
Welcome to the Hotel California (and Utah, Minnesota, and several others). Sunstone Hotel Investors, a real estate investment trust (REIT), invests in, develops, and renovates upscale and upper-upscale hotels and extended-stay facilities. The company owns some 44 hotels with more than 15,000 rooms in about 15 states. Most have affiliations with such franchises as Hilton Worldwide, Hyatt, Marriott, and Radisson. The REIT's hotels are managed by third parties; a division of Interstate Hotels & Resorts operates more than half of the properties. Putting the "sun" in "Sunstone," about half of Sunstone Hotel Investors' properties are located in Southern California.
Key numbers for fiscal year ending December, 2008:
Sales: $969.2M
One year growth: (4.5%)
Net income: $74.7M
Income growth: (40.5%)
Officers:
Co-Chairman: Robert A. (Bob) Alter
Co-Chairman: Lewis N. (Lew) Wolff
President, CEO, and Director: Arthur L. Buser
Competitors:
FelCor
Host Hotels & Resorts
Starwood Hotels & Resorts




