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SHO

 
Hoover's Profile: Sunstone Hotel Investors, Inc.
(NYSE:SHO)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Sunstone Hotel Investors, Inc.
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

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