Strategic Hotels & Resorts, Inc. is the preeminent owner and asset manager of the highest quality portfolio of upper-upscale and luxury hotels and resorts.
Our Company is a real estate investment trust (REIT) and is traded on the New York Stock Exchange under the symbol BEE.
Our 18 hotels and resorts are found in desirable and high-barrier-to-entry urban and resort markets in the United States, Mexico and Europe. They include 8,271 rooms, 851,600 square feet of multi-purpose meeting and banqueting space, and feature multiple revenue streams, such as world-class restaurants, unique wine and cocktail bars, high-end spas and desirable retail offerings.
We are the only REIT that purely focuses on the upper-upscale and luxury lodging market. Our irreplaceable properties are managed by some of the most well-respected international hotel management companies, including Fairmont®, Four Seasons®, Hilton®, Hyatt®, InterContinental®, Loews®, Marriott®, KSL Resorts®, Ritz-Carlton® and Westin®.
Each of our hotels is a complicated, stand-alone business that services sophisticated customers, demanding nothing less than the highest level of asset management expertise that delivers top line revenues and drives bottom line profitability. Simply put, asset management is our core competency and our competitive advantage, driven by our team's depth of knowledge, hands-on expertise and inspired vision for every aspect of our portfolio.
We are further defined by our proven leadership team, the strength of our balance sheet and the underpinning growth opportunities embedded in each individual property and our portfolio as a whole. We are ideally positioned to make selective, value-added acquisitions, yet are also poised to grow revenue through our creative vision for each property. Moreover, as history has shown, we will opportunistically recycle capital through thoughtful and well-planned dispositions.
Through disciplined execution of our proven strategy, we will continue to build nothing less than a great hotel company that focuses on profit as a measure of success, resulting in superior performance and an attractive return for our shareholders.