Company Fundamentals\Company Profile
A Wright Investors' Service Research Report:
Sunstone Hotel Investors, Inc.
440 Wheelers Farms Road
Milford, CT 06461 U.S.A.
COMPANY PROFILE
Figures in U.S. Dollars
Wright Quality Rating:CLL0 Key Data
Sunstone Hotel Investors, Inc. is a real estate investment trust (REIT). The Ticker:
Company owns, directly or indirectly, 100% of the interests of Sunstone Hotel SHO
Partnership, LLC (the Operating Partnership), which is the entity that directly or
indirectly owns its hotel properties. It also owns 100% of the interests of its taxable 2010 Sales:
REIT subsidiary, Sunstone Hotel TRS Lessee, Inc., which leases all of its hotels from
643,090,000
the Operating Partnership, and engages third parties to manage its hotels. As of
December 31, 2010, the Company owned 50% of BuyEfficient, LLC (BuyEfficient), an
electronic purchasing platform that allows members to procure food, operating Major Industry:
supplies, furniture, fixtures and equipment. In January 2011, it purchased the Financial
remaining 50% interest in BuyEfficient. As of December 31, 2010, it acquired
interests in 17 hotels and sold 32 hotels. As of March 15, 2011, it owned 33 hotels. Sub Industry:
In April 2011, it acquired 75% in the joint venture that owns the 1,190-room Hilton Real Estate Investment
San Diego Bayfront. Trust Co.
Stock Chart Officers
Chairman Country:
Robert A. Alter United States
Joint Chairman Currency:
Lewis N. Wolff
U.S. Dollars
Executive Vice President &
Fiscal Year Ends:
Chief Operating Officer
Marc A. Hoffman December
President & Chief Financial Employees
Officer 35
Kenneth E. Cruse
Exchanges:
Executive Vice President & NYSE
Chief Financial Officer