John Arabia

CHIEF EXECUTIVE, SUNSTONE HOTEL INVESTORS

Runs hotel REIT … $3B market cap, $1.2B revenue; $145M net income … sold only local property, Newport Beach Hyatt Regency, 2018 … $95M to L.A. investor … sold after couldn’t buy land lease; moving portfolio to controlling dirt … sale ‘bittersweet’ … 547-room Wailea Beach property ‘$1M a key,’ up 67% in 5 years … moving HQ Aliso to Spectrum