Robert Alter
Robert Alter is one of the premier hotel investment and management executives in the industry. Mr. Alter is Chairman Emeritus and Founder of Sunstone Hotel Investors Inc. (NYSE: SHO). After founding Sunstone in 1985, he took the company public in 1995 with 10 hotels and a total enterprise value of $75 million with revenues of $30 million. During the 22-year period of Mr. Alter’s position as CEO, Sunstone acquired 125 hotel properties with over 20,000 guest rooms and disposed of 80 hotels. Mr. Alter is currently President of Seaview Investors, LLC, a real estate investment management company that operates hotels in Southern California and Northern California. Seaview Investors is involved in the operations and management of full- and limited-service hotels. Mr. Alter has experience with adaptive reuse projects. He converted a 215,000 square-foot office building into the 231-room Residence Inn by Marriott Los Angeles Century Boulevard in 2015. Mr. Alter continues to analyze investment opportunities in all sectors of the hotel industry. Seaview converted a 282,000 square-foot office building into the dual-branded 168-room H Hotel, Curio Collection by Hilton and 122-room Homewood Suites by Hilton LAX. Mr. Alter is also oversaw the development of the 142-room Marriott AC Beverly hills that opened in January 2019 and a 122-room upscale boutique hotel in Healdsburg, Sonoma County, California which opened in July 2018. Mr. Alter is the current chairman of the Dean’s Advisory Board at Cornell University School of Hotel Administration. He is a member of the Board of Directors of White Lodging, Tejon Ranch Company and Kalibri Labs. Mr. Alter is a graduate of Cornell University School of Hotel Administration. Bob and his wife, Joni, reside in Newport Coast, California and collectively have four grown children.