Sunstone Hotel Investors, Inc. (NYSE:SHO)
A hospitality company that owns primarily upper upscale and upscale hotels in the United States. The company's hotels are operated under leading brand names franchised or licensed from others, such as Marriott, Hilton, InterContinental, Hyatt and Carlson.
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I am LOVING REIT's right now!
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This is a joke, right? Sunstone Hotel has investors?
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Huge yield, positive EPS, low price. Beaten down because of the real estate market, but this one will come back.
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I agree that this is on the rebound and given the brands included here and the re-affirmed dividend and guidance...I think there is more upside than downside. Their management appears to be realistic which is quite nice to see.
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Acquisition-Buy Signal
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Hotel REITS will continue to be a solid investment. Out of all the real estate sectors, I think hotels are #1 right now. people are still traveling a lot and are staying in hotels. Occupancys overall are good and the average daily rate (ADR) keeps going up. There is also a lot of new development in the pipeline across the country. I think you can not go wrong with hotel REITS.
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valuation ... strong fundamentals
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