Strategic Hotels & Resorts declares second quarter preferred Dividends

CHICAGO,?May 28, 2013?/PRNewswire/ –?Strategic Hotels & Resorts, Inc.?(NYSE: BEE), announced today that its Board of Directors has declared a quarterly dividend of?$0.53125?per share of 8.5 percent Series A Cumulative Redeemable Preferred Stock payable on?July 1, 2013?to shareholders of record on?June 14, 2013, a quarterly dividend of?$0.51563?per share of 8.25 percent Series B Cumulative Redeemable Preferred Stock payable on?July 1, 2013?to shareholders of recordJune 14, 2013?and a quarterly dividend of?$0.51563?per share of 8.25 percent Series C Cumulative Redeemable Preferred Stock payable on?July 1, 2013?to shareholders of record?June 14, 2013.

About the Company
Strategic Hotels & Resorts, Inc.?is a real estate investment trust (REIT) which owns and provides value-enhancing asset management of high-end hotels and resorts inthe United States,?Mexico?and?Europe. The Company currently has ownership interests in 18 properties with an aggregate of 8,272 rooms and 840,000 square feet of meeting space.