Sunstone Hotel Investors, Inc. to Present at the Oppenheimer 9th Annual Consumer,...
Sunstone Hotel Investors, Inc. to Present at the Oppenheimer 9th Annual
Consumer, Gaming, Lodging and Leisure Conference
SAN CLEMENTE, Calif., July 13 /PRNewswire-FirstCall/ -- Sunstone Hotel
Investors, Inc. (NYSE: SHO) announced today that Ken Cruse, Chief Financial
Officer, will present at the Oppenheimer 9th Annual Consumer, Gaming, Lodging
and Leisure Conference in Boston, Massachusetts. The presentation will take
place on Wednesday, July 15, 2009, at 1:35 p.m. EDT.
A live audio webcast will be available via the Investor Relations section of
the Sunstone Hotel Investors' website at www.sunstonehotels.com and on the
conference website at
http://www.veracast.com/webcasts/opco/consumer09/96208351.cfm. Please go to
either website at least 15 minutes prior to the conference call in order to
register and download and install any necessary audio software. A replay of
the webcast will also be archived for 90 days on the conference website. A
copy of Mr. Cruse's presentation is currently available on the Investor
Relations section of the Sunstone Hotel Investors' website.
About Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust
("REIT") that, as of the date hereof, has interests in 42 hotels comprised of
14,463 rooms primarily in the upper-upscale segment operated under nationally
recognized brands, such as Marriott, Hilton, Hyatt, Fairmont and Starwood. For
further information, please visit Sunstone's website at
www.sunstonehotels.com.
This press release contains forward-looking statements within the meaning of
federal securities laws and regulations. These forward-looking statements are
identified by their use of terms and phrases such as "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may," "plan," "predict,"
"project," "should," "will" and other similar terms and phrases, including
references to assumptions and forecasts of future results. Forward-looking
statements are not guarantees of future performance and involve known and
unknown risks, uncertainties and other factors that may cause the actual
results to differ materially from those anticipated at the time the
forward-looking statements are made. These risks include, but are not limited
to: general economic and business conditions affecting the lodging and travel
industry, both nationally and locally, including a prolonged U.S. recession;
our need to operate as a REIT and comply with other applicable laws and
regulations; rising operating expenses; relationships with and requirements of
franchisors and hotel brands; relationships with and the performance of the
managers of our hotels; the ground or air leases for eight of our hotels;
performance of hotels after they are acquired; competition for the acquisition
of hotels; competition in the operation of our hotels; our ability to complete
acquisitions and dispositions; the need for renovations and other capital
expenditures for our hotels; the impact of renovations on hotel operations and
delays in renovations or other developments; changes in business strategy or
acquisition or disposition plans; our level of outstanding debt, including
secured, unsecured, fixed and variable rate debt; financial and other
covenants in our debt and preferred stock; our ability to successfully
complete an amendment to our credit facility; volatility in the credit or
equity markets and the effect on lodging demand or our ability to obtain
financing on favorable terms or at all; and other events beyond our control.
Although Sunstone believes the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, it can give no assurance
that the expectations will be attained or that any deviation will not be
material. All forward-looking information in this release is as of the date
hereof, and Sunstone undertakes no obligation to update any forward-looking
statement to conform the statement to actual results or changes in Sunstone's
expectations.
For Additional Information:
Bryan Giglia
Vice President - Corporate Finance
Sunstone Hotel Investors, Inc.
(949) 369-4236
SOURCE Sunstone Hotel Investors, Inc.
Bryan Giglia, Vice President - Corporate Finance of Sunstone Hotel Investors,
Inc., +1-949-369-4236
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