Aaron Reyes | VP, Corporate Finance |
John Arabia | President and CEO |
Bryan Giglia | EVP and CFO |
Marc Hoffman | EVP and COO |
Jeffrey Donnelly | Wells Fargo Securities, LLC |
Shaun Kelley | Bank of America Merrill Lynch |
Anthony Powell | Barclays Capital Inc. |
Chris Woronka | Deutsche Bank |
William Crow | Raymond James |
Michael Bellisario | Robert W. Baird & Co. |
Smedes Rose | Citi |
Stephen Grambling | Goldman Sachs Group Inc. |
David Katz | Jefferies LLC |
Patrick Scholes | SunTrust Robinson Humphrey |
Rich Hightower | Evercore ISI |
Lukas Hartwich | Green Street Advisors |
Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Sunstone Hotel Investors Fourth Quarter and Full Year 2018 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. I would like to remind everyone that this conference is being recorded today, February 13th, 2019 at 12:00 P.M.