Market Overview

Shareholder Orange Capital Sends Letter to Strategic Hotels Director Regarding Sale of Punta Mita Resort

Orange Capital, LLC (“Orange Capital”) holder of approximately 4% of the
stock of Strategic Hotels & Resorts (NYSE: BEE) (“Strategic Hotels” or
the “Company”), today announced it has issued the following letter to
Ms. Sheli Z. Rosenberg, Strategic Hotels' Lead Independent Director:

Letter Copy:

Ms. Sheli Z. RosenbergLead Independent DirectorStrategic
Hotels & Resorts, Inc.200 West Madison StreetSuite 1700Chicago,
IL 60606

Dear Ms. Rosenberg:

One of the reasons that we and, we believe, other shareholders are
attracted to the investment potential of Strategic Hotels & Resorts
("Strategic Hotels" or the "Company") is that it is

See full press release

Posted-In: News Guidance Contracts Asset Sales Management M&A Global


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