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Strategic's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Strategic Hotels & Resorts, Inc. (BEE)

Q2 2012 Results Earnings Call

August 7, 2012 10:00 AM ET

Executives

Jon Stanner – VP, Capital Markets and Treasurer

Laurence Geller – President and CEO

Diane Morefield – Chief Financial Officer

Analysts

Smedes Rose – Keefe, Bruyette & Woods

Ryan Meliker – MLV & Co.

Jeffrey Donnelly – Wells Fargo Securities

Bill Crow – Raymond James & Associates

Enrique Torres – Green Street Advisors

Tim Wengerd – Deutsche Bank

Presentation

Operator

Good day, ladies and gentlemen. Welcome to the Second Quarter 2012 Strategic Hotels & Resorts Earnings Conference Call. My name is Chris, and I will be your conference moderator for today. Presently, all participants are in a listen-only mode. Later, we will facilitate a question-and-answer session. (Operator Instructions)

As a reminder, this conference is being recorded for replay purposes. And at this time, I would now like to turn the conference over to your presenter for today, Mr. Jon Stanner, VP, Capital Markets and Treasurer. Sir, you may proceed.

Jon Stanner

Thank you, and good morning, everyone. Welcome to the Strategic Hotels & Resorts second quarter 2012 earnings conference call. Our press release and supplemental financials were distributed yesterday and are available on the company’s website in the Investor Relations section. We’re hosting a live webcast of today’s call, which can be accessed by the same section of the site with a replay of today’s call also available for the next month.

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