Sunstone Hotel Investors, Inc. Announces Jamie Behar Not Stand for Re-Election to the Board of Directors
February 18, 2020 at 08:02 am EST
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On February 12, 2020, Ms. Jamie Behar expressed her intention to not stand for re-election to the board of directors of Sunstone Hotel Investors, Inc. at the 2020 annual meeting of stockholders (the 2020 annual meeting") of the company. Her term will therefore end at the conclusion of the 2020 annual meeting. Ms. Behar's retirements comes after 16 years of distinguished service to the company, having joined the board in 2004. Ms. Behar confirmed to the board that her determination to not stand for re-election is not the result of any disagreement with the company relating to its operations, policies or practices.
Sunstone Hotel Investors, Inc. is a real estate investment trust. The Company owns approximately 14 hotels, comprised of 6,675 rooms, located in six states and in Washington, DC. The Companyâs portfolio consists of luxury hotels located in convention, resort destinations and urban markets. It is the owner of Long-Term Relevant Real Estate (LTRR) in the lodging industry, specifically hotels in urban and resort destination locations. The Company's hotels are operated by third-party managers under long-term management agreements with TRS Lessee or its subsidiaries. It is operated by third-party managers under long-term management agreements with the TRS Lessee or its subsidiaries. Its third-party managers include subsidiaries of Marriott International, Inc.; managers of six of the Companyâs hotels; Hyatt Hotels Corporation, manager of two of its hotels; and Four Seasons Hotels Limited, Highgate Hotels L.P. and an affiliate, Hilton Worldwide, and Interstate Hotels & Resorts, Inc.