Strategic Hotels & Resorts, Inc. · Chicago, IL United States ·(NYSE: BEE)
Company Description
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This link will open in a new window For Strategic Hotels & Resorts (SHR), the name of the game is hospitality. The self-administered and self-managed real estate investment trust (REIT) owns or has interests in some 18 upscale and luxury hotels in the US, Europe, and Mexico. A significant concentration of its portfolio is hotels located in California. It also leases a handful of hotel properties from landlords in Paris and Hamburg, Germany. The land it owns for development is adjacent to existing hotel resorts. Affiliated brands include Four Seasons , Hyatt , InterContinental , and Marriott . Focused on the asset management aspect of its properties, SHR relies on third-party management companies to handle day-to-day operations at its hotels. To read the full description, subscribe now.
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Key Strategic Hotels & Resorts, Inc. Financials
| Company Type | Public - NYSE: BEE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $974.9 |
| 2008 Employees | 48 |
Strategic Hotels & Resorts, Inc. Executives
26 executives listed for Strategic Hotels & Resorts, Inc.'s Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman | William Prezant | Network |
| President, CEO, and Director | Laurence Geller | Network |
| EVP and CFO | James Mead | Network |
Competition
Competitive Landscape for Strategic Hotels & Resorts, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Strategic Hotels & Resorts, Inc. Competitors
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