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| Sunstone Hotels A Hotel and Motel REIT Period End 12/31/2007 |
Copyrights 2006-2007 SGM Publishing |
| Update 4/19/2008 |
Sunstone Hotel Investors, Inc. operates as a real estate investment trust. It engages in
the ownership, acquisition, sale, management, and renovation of hotel properties in the
United States. The company owns upper-upscale and upscale hotels that are operated
under brand names franchised or licensed from others, such as Marriott, Hilton,
InterContinental, Hyatt, Starwood, Carlson, and Wyndham. Its portfolio also includes
luxury and mid-scale hotels. As of December 31, 2005, the company owned 60 hotels,
consisting of 17,333 rooms in 17 states in the United States and in Washington, D.C. It
has elected to be taxed as a REIT under the internal revenue code. As a REIT, the
company would not be subject to federal income tax to the extent it distributes 90% of
its REIT taxable income to its share holders. Sunstone Hotel Investors was founded by
Robert A. Alter in 1995 and is headquartered in San Clemente, California.
the ownership, acquisition, sale, management, and renovation of hotel properties in the
United States. The company owns upper-upscale and upscale hotels that are operated
under brand names franchised or licensed from others, such as Marriott, Hilton,
InterContinental, Hyatt, Starwood, Carlson, and Wyndham. Its portfolio also includes
luxury and mid-scale hotels. As of December 31, 2005, the company owned 60 hotels,
consisting of 17,333 rooms in 17 states in the United States and in Washington, D.C. It
has elected to be taxed as a REIT under the internal revenue code. As a REIT, the
company would not be subject to federal income tax to the extent it distributes 90% of
its REIT taxable income to its share holders. Sunstone Hotel Investors was founded by
Robert A. Alter in 1995 and is headquartered in San Clemente, California.
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