Somewhat Favorable News Coverage Somewhat Unlikely to Affect Strategic Hotels and Resorts (BEE) Share Price
Media stories about Strategic Hotels and Resorts (NYSE:BEE) have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing 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 positive one, with scores closest to one being the most favorable. Strategic Hotels and Resorts earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.765388389142 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
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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