Rochester, NY 9/1/2009 10:44:14 AM
News / Business

Strategic Hotels & Resorts, Inc. BEE, dropped 3.52% Ended trading

Strategic Hotels & Resorts, Inc. BEE

Strategic Hotels & Resorts, Inc., has appointed Raymond L. "Rip" Gellein, Jr. and Eugene F. Reilly as independent members of the Board of Directors. With the appointment of Mssrs. Gellein and Reilly, the Company's Board of Directors has nine members.

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Last Trade:    1.37   
Day's Range:     1.31 - 1.41
52wk Range:    0.61 - 11.01
Change:            Down 0.05 (3.52%)
Volume:           1,200,477
Avg Vol (3m): 1,725,230

ABOUT Strategic Hotels & Resorts, Inc.

Strategic Hotel Capital, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe. It owns the fee interest in 11 hotels, comprising approximately 4,961 rooms, located in Arizona, California, Florida, Illinois, and Louisiana, and in Mexico; owns leasehold interests in hotels in Illinois, France, and Germany comprising an aggregate of approximately 859 rooms; owns a 35% interest in a hotel in Prague, Czech Republic comprising approximately 372 rooms; owns an 85% interest in each of the InterContinental Hotel in Miami and the InterContinental Hotel in Chicago; and a 31% interest in and act as asset manager for a joint venture that is developing the Four Seasons Residence Club Punta Mita, a luxury vacation home product.

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