April 1 (Reuters) - Strategic Hotels & Resorts Inc BEE.N :

* Announces the sale of the Marriott London Grosvenor Square Hotel and

acquisition of the remaining 50 percent ownership interest in the Fairmont

Scottsdale Princess

* Cuts FY 2014 comparable FFO per diluted share to $0.50 - $0.60 from previous

guidance of $0.53 - $0.63

* Cuts FY 2014 comparable EBITDA to $210 million - $230 million from previous

guidance of $220 million - $240 million

* FY 2014 FFO per share view $0.59 -- Thomson Reuters I/B/E/S

* FY 2014 earnings per share view $0.25 -- Thomson Reuters I/B/E/S

* Reaffirming previously provided guidance metrics for 2014 including revpar

growth in range of 5.0 percent to 7.0 percent

* & resorts - sees 2014 total revpar in range of 4.5 percent to 6.5 percent for

same store and total United States hotel portfolios

* Reaffirming previously given 2014 guidance for total revpar in range of 4.5%

to 6.5% for same store,u.s hotel portfolios

* Source text for Eikon ID:nPn692QFH

* Further company coverage BEE.N

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