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ALISO VIEJO, Calif., March 31, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2025 on Tuesday, May 6, 2025, before the market opens. Management will hold its quarterly conference call the same day, at 10:30 a.m. Eastern Time (7:30 a.m. Pacific Time). SOURCE Sunstone Hotel Investors, Inc. A live webcast of the call will be available through the Investor Relations section of the Company's websi ...

At Trade With Beta , we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.We covered Sunstone Hotel Investors (NYSE: SHO ) in one of our previous articles , and now we would like to give the company a credit score, as it doesn't have one yet. Before we begin, we would like to do a quick recapDenislav leads the investing group Trade With Beta , features of the servic ...

Financial Data and Key Metrics Changes - The portfolio finished 2024 strong with full-year adjusted EBITDA at $230 million and adjusted FFO per diluted share at $0.80, both at the high end of guidance [33][36] - The company expects total portfolio RevPAR growth to range from 7% to 10% in 2025, with adjusted EBITDAre projected between $245 million to $270 million and adjusted FFO per diluted share between $0.86 to $0.98 [36][37] Business Line Data and Key Metrics Changes - Group business performed well, with the Westin Washington D.C. Downtown achieving 30% RevPAR growth driven by an 18% increase in group room nights [16] - The recently acquired Hyatt Regency San Antonio Riverwalk saw group room nights grow nearly 7% in the quarter, with an 18% increase in banquet contribution [17] Market Data and Key Metrics Changes - Urban markets showed strength, with New Orleans hotels experiencing a 23% increase in group room nights, resulting in nearly 20% combined RevPAR growth [18] - Boston hotels reported a 39% increase in group room nights, focusing on filling open patterns and driving occupancy [19] Company Strategy and Development Direction - The company is focused on three strategic objectives: recycling capital, investing in the portfolio, and returning capital to shareholders [8] - In 2024, nearly $100 million was returned to shareholders through dividends and share repurchases, with a disciplined approach to capital allocation expected to continue in 2025 [14][24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, citing a compelling setup for total revenue growth and higher margins compared to the previous year [22] - The company anticipates continued strength in group business and a gradual recovery in leisure demand, particularly in markets like Maui [47][75] Other Important Information - The company invested $157 million into its portfolio in 2024, with ongoing renovations expected to enhance earnings [27][30] - The company maintains significant liquidity, with nearly $700 million in total liquidity and no debt maturities until 2026 [34][35] Q&A Session Summary Question: Underlying demand segment assumptions within the 7% to 10% RevPAR guide - Management expects solid group performance pacing above 10%, with continued strength in business transient and slight improvement in certain markets [46] Question: Pace of wages and benefits increase in 2024 and expectations for 2025 - Wages and benefits increased in the mid-fours in 2024, with expectations to be closer to the higher end of the 4% to 6% range in 2025 due to collective bargaining agreements [54] Question: Andaz EBITDA ramp expectations for 2026 - The ramp for Andaz is expected to start at around 20% in March, potentially doubling EBITDA in 2026 as occupancy increases [60] Question: Update on Napa assets and operational improvements - Good EBITDA growth was reported at Napa hotels, with a focus on optimizing group mix and cost management [66] Question: Recovery in Maui and guidance range - Solid group demand is expected, with a slight lift in leisure anticipated in the second half of the year [75] Question: Total expense growth baked into guidance - Total expense growth is expected in the range of 4% to 4.5%, with higher increases on the wage side [108]

Group 1 - The article discusses investment opportunities in Sunstone Hotel, identified as one of the safest Hotel REITs [1] - It emphasizes the importance of evaluating all possible investment avenues in a company's assets [1] - The article invites active investors to join a free trial and engage in discussions with experienced traders [1] Group 2 - There is a mention of potential future investment actions, including the possibility of initiating a long position in specific stock options [1]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Sunstone Hotel Investors, Inc. (Exact Name of Registrant as Specified in Its Charter) Maryland 20-1296886 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification Number) 15 Enterprise, Suite 200 Aliso Viejo, California 92656 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (949) 330-4000 Securities registered pursuant to Secti ...

For the quarter ended December 2024, Sunstone Hotel Investors (SHO) reported revenue of $214.77 million, down 2% over the same period last year. EPS came in at $0.16, compared to $0.60 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $205.65 million, representing a surprise of +4.44%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.14.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to FFO of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 14.29%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of $0.20 per share when it actually produced FFO of $0.18, delivering a surprise of -10%.Over the ...

Exhibit 99.2 Supplemental Financial Information For the quarter and year ended December 31, 2024 February 21, 2025 Supplemental Financial Information February 21, 2025 Table of Contents | Corporate Profile And Disclosures Regarding Non-GAAP Financial Measures | 2 | | --- | --- | | Comparable Corporate Financial Information | 6 | | Capitalization | 12 | | Property-Level Data And Operating Statistics | 15 | | Property-Level Revenues, Adjusted EBITDAre & Adjusted EBITDAre Margins | 20 | Supplemental Financial ...

ALISO VIEJO, Calif., Feb. 21, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Operational Results (as compared to Fourth Quarter 2023): Net Income: Net income was $0.8 million as compared to $127.0 million. Excluding the gain on the hotel sold during the fourth quarter 2023, net income would have been $3.2 million. Comparable RevPAR: Comparable RevPAR decre ...