Strategic Hotels Company Description
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.
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The Company Description provides a historical perspective of Strategic Hotels's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Strategic Hotels's evolution in the marketplace.
