Bob Alter is the Chairman of Sunstone Hotel Investors, Inc, a Southern California-based Real Estate Investment Trust (REIT). Sunstone currently owns 47 hotels primarily in the upper-upscale and upscale segments operated under franchises such as Marriott, Hilton, InterContinental, Hyatt and Fairmont.
Under Alter's leadership, Sunstone has increased its market capitalization from $1.4 billion to $3.9 billion in total enterprise value and increased
Bob Alter is a graduate of Cornell University.
So along the way we had bought a company called the Kayler Hotel Company and merged it into Sunstone and as a result, our largest shareholder was a real estate opportunity fund Blackstone like, called Westbrook which was one of the largest real estate opportunity funds. So the founder of that compa...(Full transcript available to logged in subscribers.).
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