Sunstone Hotel Investors, Inc (NYSE:SHO) Q1 2024 Earnings Call Transcript yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Acquires the Hyatt Regency San Antonio Riverwalk
Increases Quarterly Dividend
ALISO VIEJO, Calif., May 6, 2024 /PRNewswire/ Sunstone Hotel Investors, Inc. today announced results for the first.
Longtime hospitality industry veteran Rahul Vir has been named general manager of the new Marriott Long Beach Downtown, overseeing 140 employees as well as all day-to-day operations of the 376-room property. In his current role, he directs day-to-day management of the 12-story property and has been instrumental in spearheading a top to bottom renovation now underway.
Sunstone Hotel Investors Inc. (NYSE: SHO) is set to acquire the 630-room Hyatt Regency San Antonio Riverwalk for $230 million, or approximately $352,000 per key, from Hyatt Hotels Corp. (NYSE: H).