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.
I don't remember whether it was Statler that said it or somebody that said it, it was said location, location, location. I change that word and say market, market, market and I look at hotels and look at the market and if the market has the growth in it then you have to be a patient investor and lo...(Full transcript available to logged in subscribers.).
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Bob Alter Discusses Academic and Professional Background and Decision To Get Involved in Hospitality Business
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