Sunstone Hotel Investors, Inc., is a real estate investment trust (REIT). The Company's primary business is to acquire, own, asset manage and renovate full-service hotel properties in the United States. The Company�s hotels are operated under brand names, such as Marriott, Fairmont, Hilton, Hyatt and Sheraton. Portfolio primarily consists of upper upscale hotels in the United States. It also owns luxury, upscale and upper midscale hotels. The classifications luxury, upper upscale and upscale is defined by Smith Travel Research, an independent provider of lodging industry statistical data. Smith Travel Research classifies hotel chains into the following segments: luxury; upper upscale; upscale; upper midscale; midscale; economy; and independent. In July 2014, Sunstone Hotel Investors Inc completed the acquisition of the 544-room Wailea Beach Marriott Resort & Spa located in Maui, Hawaii.