Strategic Hotels & Resorts

Strategic Hotels & Resorts, Inc. also announces the acquisition of the remaining 50 percent ownership interest In The Fairmont Scottsdale

The sale includes 173 guest rooms and suites and a variety of resort restaurants and amenities.

Strategic Hotels & Resorts, Inc.'s $30.0 million investment positions flagship hotel for Miami's rise as a global business and lifestyle

Strategic Hotels & Resorts forecasts that its pro rata share of earnings from the property, including net operating income guarantee

The company has also signed a 50-year management agreement with Marriott International to rebrand the hotel as the JW Marriott