Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Stedman Trent
   2. Issuer Name and Ticker or Trading Symbol
STRATEGIC HOTELS & RESORTS, INC [BEE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
799 CENTRAL AVENUE, SUITE 350		 3. Date of Earliest Transaction (Month/Day/Year)
05/13/2010
(Street)

HIGHLAND PARK,, IL 60035		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Series A Preferred Stock, $0.01 par value per share 05/13/2010   S   4,666 D $ 21.6188 181,534 I See Footnote (1)
Series A Preferred Stock, $0.01 par value per share               7,891 D  
Series B Preferred Stock, $0.01 par value per share 05/13/2010   S   5,200 D $ 21.6233 317,938 I See Footnote (1)
Series C Preferred Stock, $0.01 par value per share 05/13/2010   S   4,239 D $ 21.6168 275,386 I See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Stedman Trent
799 CENTRAL AVENUE, SUITE 350
HIGHLAND PARK,, IL 60035		     X    
NV North American Opportunity Fund
799 CENTRAL AVENUE, SUITE 350
HIGHLAND PARK, IL 60035		     X    
Millennium Group LLC
799 CENTRAL AVENUE, SUITE 350
HIGHLAND PARK, IL 60035		     X    

Signatures

 /s/ Trent Stedman   05/17/2010
**Signature of Reporting Person Date
 /s/ Trent Stedman ** Millennium Group, LLC, by Trent Stedman, Member   05/17/2010
**Signature of Reporting Person Date
 /s/ Trent Stedman ** NV North American Opportunity Fund, by Millenium Group, LLC, its Investment Manager, by Trent Stedman, sole member   05/17/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) By NV North American Opportunity Fund.
 
Remarks:
Millennium Group LLC is the investment manager of NV North American Opportunity Fund and Trent Stedman is a member of Millennium Group LLC.  By virtue of his relationship to NV North American Opportunity Fund and Millennium Group LLC, Mr. Stedman may be deemed to indirectly beneficially own certain of the shares of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock directly beneficially owned by NV North American Opportunity Fund.  Millennium Group LLC may be deemed to indirectly beneficially own certain of the shares of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock directly beneficially owned by NV North American Opportunity Fund.  Each of NV North American Opportunity Fund, Millennium Group LLC, and Mr. Stedman disclaims beneficial ownership of all shares reported on this Form 4, except to the extent of any pecuniary interest therein.

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