"I don't believe that we're going to be sitting on this much cash for that long of a period," Arabia said. "It's a very high-quality 'problem' to have," he added. Sunstone isn't alone. "We are seeing a lot more selling from the REITs," said Alan Reay, president of Irvine's Atlas Hospitality Group, a hotel consultancy and brokerage. "It is a combination of the high prices that hotels are trading for today, low cap rates and low interest rate financing," Reay said. REITs in turn are often selling assets and buying back shares with the proceeds, he said. Lessons Learned Sunstone's shares are up fivefold from a decade ago, when the company's stock bottomed out during the Great Recession and the firm, under different management, turned over the keys to several properties it owned. Sunstone's stock has largely stayed in the $13 to $15 range the past two years, during the recent period of asset sales.