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.
Sunstone is as you say is a company thats been around for a while. We're a hotel real estate investment trust. We're traded on New York Stock Exchange with a total enterprise value of about 3.6 billion dollars. We have 47 hotels with 16000 rooms and we pay an annual dividend of $1.28, so that bas...(Full transcript available to logged in subscribers.).
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