Sunstone Hotel Investors, Inc. - SSI- Profile

Sunstone Hotel Investors, Inc. a real estate investment trust which owns and leases luxury, upscale and mid-price hotels located in the Pacific and Mountain regions of the Western United States. Sunstone operates under national franchises with Hilton Hotels Corporation, Holiday Hospitality Corporation, Marriott International Inc. and Promus Hotel Corporation. Sunstone consisted of 56 hotels with a total rooms of 10,086 rooms. During the year the company acquired 10 hotel properties in 1998. Lease revenue accounted for 99% of 1998 revenues and interest income and other, 1%.