بعد إثارته للأزمة خالد أبو بكر: تلقيت رد «قطاع الأعمال» عن مشروع تطوير «شبرد» elwatannews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elwatannews.com Daily Mail and Mail on Sunday newspapers.
Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2020
To Reposition and Rebrand the Renaissance Washington DC to The Westin Washington DC
News provided by
Share this article
Share this article
IRVINE, Calif., Feb. 11, 2021 /PRNewswire/ Sunstone Hotel Investors, Inc. (the Company or Sunstone ) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced results for the fourth quarter and year ended December 31, 2020.
Fourth Quarter 2020 Operational Results (as compared to Fourth Quarter 2019):
Resumption of Hotel Operations: 15 of the Company s 17 hotels were in operation as of December 31, 2020 (see details below), and 13 of the Company s 17 hotels were in operation for the entirety of the fourth quarter 2020.
Sunstone Hotel Investors Improves Financial Flexibility And Enhances Balance Sheet Strength
Successfully Extends Covenant Waiver Period
Reaches Resolution with Special Servicer on Hilton Times Square
Addresses All Near-Term Maturities
Share this article
Share this article
IRVINE, Calif., Dec. 23, 2020 /PRNewswire/ Sunstone Hotel Investors, Inc. (the Company or Sunstone ) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced today that it has completed a series of balance sheet enhancing transactions that include: extending the waiver period of the financial covenant tests on the Company s $500 million undrawn revolving credit facility, $185 million of funded term loan facilities and $205 million of outstanding private placement senior notes ( Unsecured Debt Facilities ); addressing its remaining near-term maturities; providing resolution with the special servicer on the mortgage loan secured by the Hilton Times Square; and, redu