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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 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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