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Sunstone Hotel Investors Reports Results For First Quarter 2021

Sunstone Hotel Investors Reports Results For First Quarter 2021
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IRVINE, Calif., May 3, 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 first quarter ended March 31, 2021.
First Quarter 2021 Operational Results (as compared to First Quarter 2020):
Resumption of Hotel Operations: 15 of the Company s 17 hotels were in operation for the entirety of the first quarter 2021.
Net Loss: Net loss was $55.3 million as compared to $162.5 million.
17 Hotel Portfolio RevPAR: 17 Hotel Portfolio RevPAR decreased 69.5% to $42.19.
Adjusted EBITDA
re, excluding noncontrolling interest decreased 203.7% to $(14.7) million. ....

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Sunstone Hotel Investors Inc (SHO) Q4 2020 Earnings Call Transcript

Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Fourth Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will be given at that time. I would like to remind everyone that this conference is being recorded today, February 12, 2021 at 12:00 PM Eastern Time.
I will now turn the presentation over to Mr. Aaron Reyes, Senior Vice President and Treasurer. Please go ahead, sir.
Aaron Reyes
Vice President-Corporate Finance and Treasurer
Thank you, Kevin, and good morning, everyone. By now you should have all received a copy of our fourth quarter earnings release and supplemental, which were made available yesterday. If you do not yet have a copy, you can access them on our website. ....

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Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2020

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
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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. ....

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Do Date Night Right: Date Nights DC Campaign Proposes Romantic Getaways in Nation's Capital Throughout February

Find Date-Worthy Deals, 100+ Romantic Itineraries and 28 Romantic Places on datenightsdc.org
(Washington, DC) – For the ninth consecutive year Destination DC (DDC) hosts Date Nights DC, a consumer marketing program promoting easy-to-plan romantic getaways in Washington, DC throughout February. The official marketing organization for the nation’s capital, DDC aims to drive visitation during this traditionally slow travel season by bundling sweetly-priced deals from District hotels, restaurants, attractions and tours with easy-to-follow date itineraries. The 2018 campaign reaches regional consumers in greater Washington, DC; Baltimore, MD and Richmond, VA through print, digital and television ads, social channels and a consumer blitz on Feb. 1, 2018. ....

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Destination DC Thanks Travel Industry Professionals with Discounts throughout the Summer

Washington, DC celebrates Travel Professionals Vacation Incentive Program with discounts and deals
(Washington, DC) – For the seventh year, Destination DC (DDC), the official destination marketing organization for Washington, DC, has created a promotion exclusively for travel industry professionals called the Travel Professionals Vacation Incentive Program. DDC has partnered with 38 greater Washington, DC-area hotels to offer exclusive discounted room rates from July 1, 2019 through Sept. 2, 2019. Travel professionals must register online to unlock exclusive discounts.
“We’re pleased to continue building on the success of this program and reward the industry experts who help us encourage travelers to ‘Discover the Real DC’,” said Elliott L. Ferguson, II, president and CEO, DDC. “These discounts are part of our gratitude as well as an opportunity to experience our city’s hotel offerings firsthand. Whether it is experiencing the new Conrad Washington DC’s ....

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