Strategic Hotel & Resorts' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Strategic Hotels & Resorts Inc. (BEE)

Q1 2012 Earnings Call

May 02, 2012 10:00 AM ET

Executives

Jon Stanner – VP, Capital Markets and Treasurer

Laurence Geller – President and CEO

Diane Morefield – CFO

Analysts

Jeffrey Donnelly – Wells Fargo

Smedes Rose – KBW

Bill Crow – Raymond James

Joe Greff – JPMorgan

Will Marks – JMP Securities

Enrique Torres – Green Street Advisors

Tim Wengerd – Deutsche Bank

Ethan Steinberg – Friess and Associates

Presentation

Operator

Good day, ladies and gentlemen and welcome to the First Quarter 2012 Strategic Hotels and Resorts Earnings Call. My name is Erin and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will be facilitating a question-and-answer session towards the end of today's conference. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.

I would turn the presentation over to your host for today's conference, Mr. Jon Stanner, Vice President, Capital Markets and Treasurer. Please proceed, sir.

Jon Stanner

Thank you and good morning everyone. Welcome to the Strategic Hotels & Resorts first quarter 2012 earnings conference call. Our press release and supplemental financials were distributed yesterday and are available on the company’s new 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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