SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2024

ALISO VIEJO, Calif., Aug. 7, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Operational Results (as compared to Second Quarter 2023): Net Income: Net income was $26.1 million as compared to$43.1 million. Comparable RevPAR: Comparable RevPAR decreased 2.0% to $232.59. The average daily rate was$322.60 and occupancy was 72.1%. Excluding The Confidante Miami Beach as it trans ...