News coverage about Strategic Hotels and Resorts (NYSE:BEE) has been trending somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Strategic Hotels and Resorts earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 44.785613948776 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
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.