Document:

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                                                                   Exhibit 10.17

                                                                  EXECUTION COPY

                                VOTING AGREEMENT

                  THIS VOTING AGREEMENT (this "Agreement") is entered into as of
June 8, 2004 and effective upon the closing of the initial public offering of
Common Stock (as defined herein) of the Company (as defined below), by and among
Laurence Geller ("Geller"), Strategic Hotel Capital, Inc., a Maryland
corporation (the "Company"), THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, a New
Jersey corporation, PIC REALTY CORPORATION, a Delaware corporation, STRATEGIC
VALUE INVESTORS, LLC, a Delaware limited liability company, PRUDENTIAL ASSETS,
LLC, a Delaware limited liability company, PRUDENTIAL INVESTMENT MANAGEMENT,
INC., a Delaware corporation, (SHC/OLAYAN) REDEMPTION VEHICLE, LLC, a Delaware
limited liability company and SVI (SHC/HOUSTON) REDEMPTION VEHICLE, LLC, a
Delaware limited liability company (each of the foregoing, excluding Geller, a
"Stockholder" and together the "Stockholders").

                  WHEREAS, Geller is a member of the board of directors of the
Company;

                  WHEREAS, Geller and the Company have entered into an
Employment Agreement, dated of even date herewith ("Employment Agreement")
providing, among other terms, for the nomination of Geller to the board of
directors of the Company from term to term;

                  WHEREAS, the Company is undertaking an initial public offering
of shares of common stock, par value $0.01 per share ("Common Stock"); and

                  WHEREAS, Geller and the Stockholders desire to provide herein
for certain matters relating to the corporate governance of the Company.

                  NOW, THEREFORE, in consideration of the covenants set forth
herein, and for other good and valuable consideration, intending to be legally
bound hereby, the parties agree as follows:

                  1. Voting Agreement. In connection with each meeting of the
stockholders of the Company at which directors of the Company are to be elected,
so long as this Agreement is in effect and Geller has been duly nominated as a
director, each Stockholder agrees to affirmatively Vote all of such
Stockholder's shares of capital stock of the Company acquired by the
Stockholders upon the initial public offering by the Company and over which such
Stockholder has voting power or control ("Covered Shares") in favor of Geller;
provided, however, if any Stockholder determines in good faith that to Vote for
Geller would likely be a breach of such Stockholder fiduciary obligations to
beneficial owners of any of the Stockholders, then such Stockholder will not be
obligated to Vote the Covered Shares of the Stockholders in favor of Geller. The
failure of Geller to be elected as a director of the Company at any election
where Geller is nominated and the Stockholders failed to Vote in favor of Geller
pursuant to the prior sentence (including as a result of the proviso in the
prior sentence) shall constitute a "Constructive Termination" under the
Employment Agreement. The foregoing sentence shall be Geller's sole remedy under
this Agreement. For purposes of this Agreement, "Vote" shall include voting in
person or by proxy in favor of or against any action, otherwise consenting or
withholding consent in respect of any action or taking other action in favor of
or against any action.

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                  2. Termination. All rights and obligations hereunder shall
terminate at the earlier of (i) such time as the Stockholders (or any affiliate
that is under the control of a Stockholder or a successor to such Stockholder or
affiliate) own or control such number of Covered Shares representing less than
5% of the voting power to elect directors of the Company; or (ii) the
termination of the Employment Agreement. Further, with respect to any Covered
Shares (i) that are sold by a Stockholder either on the open market or otherwise
(other than to an affiliate that is under the control of a Stockholder), or (ii)
in which any person has a security interest and forecloses on such security
interest ("Foreclosing Person"), neither the Stockholders nor any purchaser of
Covered Shares from the Stockholders or Foreclosing Person will have any
obligations under this Agreement with respect to voting the Covered Shares
acquired by such purchaser or Foreclosing Person.

                  3. Miscellaneous.

                  3.1. Modification and Waiver. No amendment or modification of
the terms or provisions of this Agreement shall be binding unless the same shall
be in writing and duly executed by each of the parties hereto. No waiver of any
of the provisions of this Agreement shall be deemed to or shall constitute a
waiver of any other provisions hereof. No delay on the part of any party in
exercising any right, power or privilege hereunder shall operate as a waiver
thereof.

                  3.2. Entire Agreement. This Agreement sets forth the entire
understanding of the parties hereto with respect to the subject matter hereof.
Any previous agreement or understandings between the parties hereto regarding
the subject matter hereof are merged into and superseded by this Agreement.

                  3.3. Severability. In case any provision in this Agreement
shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or
impaired thereby.

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                  3.4. No Implied Rights. Nothing herein, express or implied, is
intended to or shall be construed to confer upon or give to any person, firm,
corporation or legal entity, other than the parties hereto, any interest,
rights, remedies or other benefits with respect to or in connection with any
agreement or provision contained herein or contemplated hereby.

                  3.5. GOVERNING LAW. THIS AGREEMENT AND ALL DISPUTES AND
CONTROVERSIES ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT
REGARD TO THE LAWS OF ANY OTHER JURISDICTION THAT MIGHT BE APPLIED BECAUSE OF
THE CONFLICTS OF LAWS PRINCIPLES OF THE STATE OF NEW YORK.

                  3.6. Successors and Assigns. The provisions hereof shall inure
to the benefit of, and be binding upon, the successors, assigns, heirs,
executors and administrators of the parties hereto. However, notwithstanding the
foregoing, Geller acknowledges that PRUDENTIAL INVESTMENT MANAGEMENT, INC.
("PIMI") has the authority to vote the Common Stock of (SHC/OLAYAN) REDEMPTION
VEHICLE, LLC, and SVI (SHC/HOUSTON) REDEMPTION VEHICLE, LLC (the "Third Party
Stockholders") solely by virtue of the Third Party Stockholders having appointed
PIMI as Investment Advisor. If for any reason PIMI is no longer the Investment
Advisor for any Third Party Stockholder (or Affiliate of a Third Party
Stockholder that acquires shares of such Common Stock from such Third Party
Stockholder) or no longer has the discretion to vote such shares of a Third
Party Stockholder (or such Affiliate), then this Agreement shall not apply with
respect to the Common Stock owned by such Third Party Stockholder (or such
Affiliate). For purposes of this paragraph, "Affiliate" shall have the meaning
set forth in Rule 12b-2 under the Securities Exchange Act of 1934.

                  3.7. Notices. All notices and other communications under this
Agreement shall be in writing, and shall be deemed to have been duly given on
the date of delivery if delivered personally or on the third business day after
mailing or if mailed to the party to whom notice is to be given by first class
mail, registered or certified, postage prepaid, return receipt requested, and
addressed as follows (until any such address is changed by notice duly given):

                  (a) If to Geller, to him at the following address:

                      Strategic Hotel Capital, Inc.
                      77 West Wacker Drive, Suite 4600
                      Chicago, Illinois  60601

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                  (b) If to the Company, to it at the following address:

                      Strategic Hotel Capital, Inc.
                      77 West Wacker Drive, Suite 4600
                      Chicago, Illinois  60601
                      Att: General Counsel___________________

                  (c) If to any of the following: The Prudential Insurance
                      Company of America, PIC Realty Corporation, Strategic
                      Value Investors, LLC, Prudential Assets, LLC, Prudential
                      Investment Management, Inc., (SHC/OLAYAN) Redemption
                      Vehicle, LLC, SVI (SHI/Houston) Redemption Vehicle, LLC,
                      to it at the following address:

                      c/o The Prudential Insurance Company of America
                      8 Campus Drive, 4th Floor
                      Parsippany, New Jersey 07054
                      Attention:  SVI Portfolio Manager

                  3.8. Counterparts. This Agreement may be executed in one or
more counterparts, each of which shall be deemed to be an original, but all of
which shall constitute one and the same instrument.

                               [signatures follow]

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                  IN WITNESS WHEREOF, the Stockholders and Geller have executed
and delivered this Agreement, or a counterpart hereof, as of the date first
written above.

                                            LAURENCE GELLER

                                            By:________________________________

                                            STRATEGIC HOTEL CAPITAL, INC.,

                                            By:________________________________
                                            Name:
                                            Title:

                                   THE STOCKHOLDERS:

                                   THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
                                            By: Prudential Investment
                                                Management, Inc., its
                                                Attorney-in-Fact

                                            By:________________________________
                                            Name:
                                            Title:

                                            PIC REALTY CORPORATION

                                            By: Prudential Investment
                                                Management,  Inc., its
                                                Attorney-in-Fact

                                            By:________________________________
                                            Name:
                                            Title:

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                                            STRATEGIC VALUE INVESTORS, LLC

                                            By: Prudential Investment
                                                Management, Inc., its
                                                Attorney-in-Fact

                                            By:________________________________
                                            Name:
                                            Title:

                                            PRUDENTIAL ASSETS, LLC

                                            By: Prudential Investment
                                                Management, Inc., its
                                                Attorney-in-Fact

                                            By:________________________________
                                            Name:
                                            Title:

                                            PRUDENTIAL INVESTMENT MANAGEMENT,
                                            INC.

                                            By:________________________________
                                            Name:
                                            Title:

                                            (SHC/OLAYAN) REDEMPTION VEHICLE, LLC

                                            By: Prudential Investment
                                                Management, Inc., its
                                                Attorney-in-Fact

                                            By:________________________________
                                            Name:
                                            Title:

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                                           SVI (SHC/HOUSTON) REDEMPTION VEHICLE,
                                           LLC

                                           By: Prudential Investment
                                               Management, Inc., its
                                               Attorney-in-Fact

                                           By:________________________________
                                           Name:
                                           Title:

                                       7<PAGE>

                                                                  Exhibit 10.18

PERSONAL AND CONFIDENTIAL

June 10, 2004

Mr. David Sims
Senior Vice President and Treasurer
Strategic Hotel Capital, L.L.C.
77 West Wacker, Suite 4600
Chicago, IL 60601

Re: Financial Advisory Services in connection with (i) $725 million Private
Company financing (ii) $220 million Public Company Fixed Rate financing (iii)
$188.5 million Public Company Floating Rate financing and (iv) $120 million
Public Company Revolving Credit Facility

Dear David:

We are pleased to confirm the arrangements under which Goldman, Sachs & Co.
("Goldman Sachs") is engaged by Strategic Hotel Capital, L.L.C. (the "Company")
as financial advisor to assist the Company in connection with any or all of the
proposed financings of the Company and/or its properties described above. Our
services hereunder will include assisting the Company in its evaluation of
various financing alternatives available to it and the structuring of any
proposed financing transaction, identifying potential funding sources and
markets, presenting proposals to prospective funding sources approved in
advance, either verbally or in writing, by the Company, assisting the Company in
the review of offering materials prepared by the Company, negotiating the terms
and conditions of the financing transaction and documentation, and providing
such other financial advisory services relating to the proposed financing as you
and we may agree from time to time.

The terms and conditions of any financing shall be subject to acceptance by the
Company. Except as expressly empowered in writing by the Company to do so,
Goldman Sachs shall not have the authority to accept any offer or proposal or to
enter into any commitment on behalf of the Company.

Our fee for the financial advisory services to be rendered hereunder will be six
million dollars ($6,000,000) (the "Structuring Fee"), which will be payable upon
consummation of any or all of the proposed financings with gross proceeds in
excess of $600,000,000. Notwithstanding anything to the contrary contained
herein, no equity owners, director, officer or employee of the Company or any of
their affiliates shall have any liability under this agreement, all such persons
being third-party beneficiaries of this sentence, entitled to enforce it in
accordance with its terms.

In connection with engagements such as this, it is our firm policy to receive
indemnification. The Company agrees to the provisions with respect to our
indemnity and other matters set forth in Annex A which is incorporated by
reference into this letter.

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The Company agrees to furnish to Goldman Sachs such information with respect to
the Company as Goldman Sachs may reasonably request in connection with the
services to be rendered by it hereunder. The Company represents that all
information (other than forecasts) furnished by it to Goldman Sachs will be
accurate and complete and that forecasts will be prepared in good faith based on
reasonable assumptions.

Please note that any written or oral advice provided by Goldman Sachs in
connection with our engagement is exclusively for the information of the Board
of Managers and senior management of the Company and may not be disclosed to any
third party other than the Company's employees and advisors or circulated or
referred to publicly without our prior written consent unless required by law or
judicial process.

As you know, Goldman Sachs is a full service securities firm and as such may
from time to time effect transactions, for its own account or the account of
customers, and hold positions in securities or options on securities of the
Company and other companies which may be the subject of the engagement
contemplated by this letter.

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Please confirm that the foregoing is in accordance with your understanding by
signing and returning to us the enclosed copy of this letter, which shall become
a binding agreement upon our receipt. We are delighted to accept this engagement
and look forward to working with you on this assignment.

Very truly yours,

-----------------------------
GOLDMAN, SACHS & CO.

Confirmed:

Strategic Hotel Capital, L.L.C.

By: ___________________________
    Name:
    Title:

Date: ___________________________

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                                     ANNEX A
                          [Indemnity and Other Matters]

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