Media headlines about Strategic Hotels and Resorts (NYSE:BEE) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Strategic Hotels and Resorts earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 45.4629242090629 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
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Strategic Hotels and Resorts Company Profile
Strategic Hotels & Resorts, Inc (SHR) is a self-administered and self-managed real estate investment trust (REIT). The Company acquires and asset manages hotels. The Company owns land held for development including 50.7 acres of oceanfront land in Nayarit, Mexico; 13.8 acres of land in Scottsdale, Arizona adjacent to its Four Seasons Resort Scottsdale at Troon North, and a 20,000 square-foot oceanfront land parcel in Santa Monica, California adjacent to its Loews Santa Monica Beach Hotel.
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