Sunstone Hotel Investors (SHO) 2008年年度报告「NYSE」.pdf

1、Annual Report 2008Sunstone is well prepared for challenging conditions in 2009.The liquidity provided by our excess cash,our absence of near-term debt maturities and our portfolios limited capital needsare critical advantages in todays uncertain environment.Debt Maturity Schedule20192018201720162015

2、20142013201220112010200981.0m248.2m64.5m254.1m267.7m276.3m251.0m65.0m205.0m-+Weighted AverageInterest Rate5.7%5.5%5.5%2006200720085.9%2005CapitalRenovations200620072008200552m100m94m120m90mRevenuesTotal Cash78m220m112m771m962 m20062006200720072008200872m515m20052005969m(1)Assumes the$250.0m exchange

3、able senior notes maturing in 2027 are redeemed upon the first call date.(1)Fairmont,Newport Beach,CAEmbassy Suites Hotel,Chicago,ILMarriott,Rochester,MNRenaissance,Orlando,FLQuality Brands and LocationsCaliforniaCourtyard by Marriott Los Angeles-LAXCourtyard by Marriott San Diego-Old TownEmbassy Su

4、ites Hotel La JollaFairmont Newport BeachHilton Del Mar-San DiegoHoliday Inn Express San Diego-Old TownHoliday Inn San Diego-DowntownHyatt Regency Newport BeachMarriott Del Mar-San DiegoMarriott RiversideMarriott Napa ValleyMarriott OntarioRenaissance Los Angeles-LAX Renaissance Long Beach Residence

5、 Inn by Marriott Manhattan BeachSheraton CerritosW Hotel San DiegoDistrict of ColumbiaRenaissance Washington D.C.FloridaRenaissance Orlando at SeaworldGeorgiaHyatt Regency Suites MariettaRenaissance Atlanta-ConcourseIllinoisEmbassy Suites Hotel ChicagoMassachusettsMarriott Boston-QuincyMarriott Bost

6、on-Long WharfMarylandRenaissance Baltimore-HarborplaceMichiganMarriott TroyMinnesotaDoubletree Guest Suites MinneapolisKahler Grand RochesterInn&Suites RochesterMarriott RochesterResidence Inn by Marriott RochesterNew YorkHilton Long Island-HuntingtonHilton Times SquareRenaissance WestchesterOregonM