Sunstone Hotel Investors Inc (N:SHO)

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Apr 11, 2024 07:30 am ET

SUNSTONE HOTEL INVESTORS ANNOUNCES CHANGE IN LOCATION OF 2024 ANNUAL MEETING OF STOCKHOLDERS

ALISO VIEJO, Calif., April 11, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting") will now be held at the Company's headquarters at 15 Enterprise, Suite 200, Aliso Viejo, California 92656. The Annual Meeting will be held at the originally scheduled date and time on Friday, May 3, 2024 at 8:00 a.m., Pacific Time.

Apr 10, 2024 04:10 pm ET

SUNSTONE HOTEL INVESTORS TO ACQUIRE HYATT REGENCY SAN ANTONIO RIVERWALK

ALISO VIEJO, Calif., April 10, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the fee-simple interest in the 630-room Hyatt Regency San Antonio Riverwalk (the "Hotel"). The exceptionally well-located Hotel is situated directly between San Antonio's famous Riverwalk and the Alamo, the two most visited tourist sites in Texas. The acquisition includes nearly two acres of riverfront land and a 516-space parking garage, located adjacent

Apr 02, 2024 08:00 am ET

SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif., April 2, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2024 on Monday, May 6, 2024, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Feb 23, 2024 06:30 am ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023

Returned Nearly $120 Million to Common Stockholders in 2023 Through Dividends and Share Repurchases

Jan 25, 2024 03:15 pm ET

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS

ALISO VIEJO, Calif., Jan. 25, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2023 distributions to holders of the Company's common stock and Series H and Series I preferred stock.

Jan 03, 2024 03:41 pm ET

SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif., Jan. 3, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2023 on Friday, February 23, 2024, before the market opens. Management will hold its quarterly conference call the same day, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).

Dec 06, 2023 03:10 pm ET

SUNSTONE HOTEL INVESTORS DECLARES FOURTH QUARTER DIVIDEND ON COMMON STOCK

ALISO VIEJO, Calif., Dec. 6, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its Board of Directors has declared a fourth quarter dividend of $0.13 per share of common stock. The fourth quarter dividend includes the Company's recently increased recurring quarterly dividend of $0.07 per share plus an additional $0.06 per share to distribute more of the Company's expected taxable income for 2023. The dividend will be paid in cash on January 16, 2024 to holders of record as of December 29, 2023. The fourth quarter dividend, toge

Nov 07, 2023 06:30 am ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2023

ALISO VIEJO, Calif., Nov. 7, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2023.

Oct 26, 2023 04:10 pm ET

SUNSTONE HOTEL INVESTORS ANNOUNCES THE DISPOSITION OF BOSTON PARK PLAZA

ALISO VIEJO, Calif., Oct. 26, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has completed the sale of the 1,060-room Boston Park Plaza (the "Hotel") for a gross sale price of $370 million, or approximately $350,000 per key. The sale price represents a 12.1x multiple on Hotel Adjusted EBITDAre and a 7.1% cap rate on Hotel Net Operating Income for the trailing four quarter period ended June 30, 2023. The Company acquired the Hotel in 2013 and successfully executed a business plan to reinvigorate the well-located historic h

Oct 04, 2023 08:00 am ET

SUNSTONE HOTEL INVESTORS SCHEDULES THIRD QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif., Oct. 4, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the third quarter 2023 on Tuesday, November 7, 2023, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jun 26, 2023 04:30 pm ET

SUNSTONE HOTEL INVESTORS SCHEDULES SECOND QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif., June 26, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it will report financial results for the second quarter 2023 on Friday, August 4, 2023, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

May 05, 2023 07:30 am ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2023

Returns Additional Capital to Stockholders Through Incremental Share Repurchases and DividendsRefinances Only 2023 Debt Maturity

Apr 06, 2023 08:00 am ET

SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif., April 6, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it will report financial results for the first quarter 2023 on Friday, May 5, 2023, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Feb 01, 2023 03:15 pm ET

SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif., Feb. 1, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it will report financial results for the fourth quarter and full year 2022 on Wednesday, February 22, 2023, before the market opens. Management will hold its quarterly conference call the same day, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time).

Jan 20, 2023 03:15 pm ET

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2022 DIVIDENDS

ALISO VIEJO, Calif., Jan. 20, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced the following tax treatment of the 2022 distributions to holders of the Company's common and Series H and Series I preferred stock.

Nov 08, 2022 06:30 am ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2022

Returns Capital to Shareholders Through Additional Share Repurchases and Dividends

Sep 22, 2022 08:00 am ET

SUNSTONE HOTEL INVESTORS SCHEDULES THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

IRVINE, Calif., Sept. 22, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it will report financial results for the third quarter 2022 on Tuesday, November 8, 2022, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Sep 14, 2022 08:00 am ET

SUNSTONE HOTEL INVESTORS PROVIDES OPERATIONS UPDATE

IRVINE, Calif., Sept. 14, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today provided an update on recent operating trends. The Company's operations for July and August 2022 reflect continued strong rate growth and recovering occupancy levels. While leisure travel continues to be robust, the Company is seeing the greatest demand growth at its urban and group-oriented hotels which are experiencing higher lead volumes, an increase in near-term booking activity, better than ex

Aug 03, 2022 08:00 am ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2022

Completes Acquisition of The Confidante Miami Beach and the Remaining 25% JV Interest in the Hilton San Diego Bayfront

Jul 27, 2022 08:00 am ET

SUNSTONE HOTEL INVESTORS COMPLETES $850 MILLION AMENDED AND RESTATED CREDIT AGREEMENT

Extends Maturities to 2027 and 2028, Increases Term Loan Borrowing Capacity, and Results in a Fully Undrawn Revolving Credit Facility

Jul 19, 2022 09:31 am ET

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NEW YORK, July 19, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IQ, FCX, VLD, SHO, and VLCN.

Jul 18, 2022 08:16 pm ET

Sunstone Hotel Investors Set to Join S&P SmallCap 600

NEW YORK, July 18, 2022 /PRNewswire/ -- Sunstone Hotel Investors Inc. (NYSE:SHO) will replace Vonage Holdings Corp. (NASD:VG) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, July 21. Telefonaktiebolaget LM Ericsson (OM:ERIC B/NASD: ERIC) is acquiring Vonage Holdings in a deal expected to be completed soon pending final closing conditions.

Jun 27, 2022 04:15 pm ET

SUNSTONE HOTEL INVESTORS SCHEDULES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

IRVINE, Calif., June 27, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it will report financial results for the second quarter 2022 on Wednesday, August 3, 2022, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jun 02, 2022 04:10 pm ET

SUNSTONE HOTEL INVESTORS COMPLETES ACQUISITION OF THE CONFIDANTE MIAMI BEACH AND PROVIDES BUSINESS UPDATE

IRVINE, Calif., June 2, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced that it has completed the previously announced acquisition of the 339-room The Confidante Miami Beach (the "Hotel") for a purchase price of $232 million, or $684,000 per key. The Company will invest approximately $60 million to reposition the Hotel into a premiere beachfront resort under Hyatt's luxury, lifestyle Andaz brand. Upon completion of the renovation, Sunstone will own a well-locat

Jun 01, 2022 06:00 am ET

Park Hotels & Resorts Inc. Announces Disposition of Its 25% Joint Venture Interest in Hilton San Diego Bayfront to Sunstone Hotel Investors, Inc.

Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) announced that it has entered into a definitive agreement with affiliates of Sunstone Hotel Investors, Inc. (“Sunstone”) (NYSE:SHO) for Park to sell its 25% interest in the joint venture owning the...

Jun 01, 2022 06:00 am ET

SUNSTONE HOTEL INVESTORS TO ACQUIRE THE REMAINING 25% JOINT VENTURE INTEREST IN HILTON SAN DIEGO BAYFRONT FROM PARK HOTELS & RESORTS

IRVINE, Calif., June 1, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it has entered into a definitive agreement with an affiliate of Park Hotels & Resorts Inc. ("Park") to acquire Park's 25% interest in the joint venture that owns the leasehold interest in the 1,190-room Hilton San Diego Bayfront (the "Hotel"). As part of the transaction, Sunstone will pay Park $102 million in cash and will effectively assume Park's $55 million share of the existing mortg

May 04, 2022 04:35 pm ET

SUNSTONE HOTEL INVESTORS TO ACQUIRE THE CONFIDANTE MIAMI BEACH AND REPOSITION AS ANDAZ MIAMI BEACH

IRVINE, Calif., May 4, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the 339-room The Confidante Miami Beach (the "Hotel"), located on 1.5 acres of fee-simple, oceanfront land in Miami Beach for a purchase price of $232 million, or $684,000 per key. Following the acquisition, the Company expects to pursue a full transformation of the property and a rebranding of

May 04, 2022 04:30 pm ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2022

Apr 06, 2022 04:20 pm ET

SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

IRVINE, Calif., April 6, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it will report financial results for the first quarter 2022 on Wednesday, May 4, 2022, after the market closes. Management will hold its quarterly conference call the next day, Thursday, May 5, 2022, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Mar 17, 2022 04:15 pm ET

SUNSTONE HOTEL INVESTORS COMPLETES DISPOSITION OF TWO CHICAGO HOTELS, PROVIDES OPERATIONS UPDATE AND COMMENCES SHARE REPURCHASES

IRVINE, Calif., March 17, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced that it has completed the sale of the 368-room Embassy Suites Chicago and the 361-room Hilton Garden Inn Chicago Downtown/Magnificent Mile (the "Chicago Hotels"). The Chicago Hotels were sold for a combined gross sale price of $129.5 million, or $178,000 per key, which represents a 9.8x multiple on 2019 Hotel Adjusted EBITDAre and an 8.8% cap rate on 2019 Hotel Net Operating Income. The C

Mar 07, 2022 07:00 am ET

SUNSTONE HOTEL INVESTORS ANNOUNCES EXIT FROM COVENANT RELIEF PERIOD

IRVINE, Calif., March 7, 2022 /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 that it has notified its unsecured lenders of its election to terminate the covenant relief period associated with the amended debt agreements governing its Revolving Credit Facility, Term Loan Facilities and Senior Unsecured Notes. The termination of the covenant relief period follows the Company's satisfaction of the financial covenants for the quarter ended December 31, 2021. The Comp

Mar 07, 2022 06:00 am ET

SUNSTONE HOTEL INVESTORS BOARD OF DIRECTORS ANNOUNCES SENIOR MANAGEMENT APPOINTMENTS

IRVINE, Calif., March 7, 2022 /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 that its Board of Directors (the "Board") has appointed Bryan Giglia, current Chief Financial Officer, as the Company's Chief Executive Officer, effective immediately. Additionally, the Board appointed Robert Springer, Chief Investment Officer, to the additional role of President. Aaron Reyes, Senior Vice President of Finance and Treasurer, has been appointed Chief Financial Officer, rep

Feb 22, 2022 03:30 pm ET

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2021

IRVINE, Calif., Feb. 22, 2022 /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 full year ended December 31, 2021.

Jan 21, 2022 03:30 pm ET

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS

IRVINE, Calif., Jan. 21, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced the following tax treatment of the 2021 distributions to holders of the Company's preferred stock.

Jan 19, 2022 07:30 am ET

Sunstone Hotel Investors Schedules Fourth Quarter 2021 Earnings Release and Conference Call

IRVINE, Calif., Jan. 19, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it will report financial results for the fourth quarter and full year 2021 on Tuesday, February 22, 2022, after the market closes. Management will hold its quarterly conference call the next day, Wednesday, February 23, 2022, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Dec 06, 2021 07:00 am ET

Sunstone Hotel Investors Completes Disposition Of Embassy Suites La Jolla And Acquisition Of Four Seasons Resort Napa Valley

IRVINE, Calif., Dec. 6, 2021 /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 completed the previously announced sale of the Embassy Suites La Jolla and the previously announced acquisition of Four Seasons Resort Napa Valley ("Four Seasons Napa").

Nov 04, 2021 04:35 pm ET

Sunstone Hotel Investors Reports Results For Third Quarter 2021

IRVINE, Calif., Nov. 4, 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 third quarter ended September 30, 2021.

Oct 05, 2021 04:15 pm ET

Sunstone Hotel Investors Schedules Third Quarter 2021 Earnings Release and Conference Call

IRVINE, Calif., Oct. 5, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it will report financial results for the third quarter 2021 on Thursday, November 4, 2021, after the market closes. Management will hold its quarterly conference call the next day, on Friday, November 5, 2021 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Sep 02, 2021 04:15 pm ET

Sunstone Hotel Investors Names Board Chair Douglas M. Pasquale Interim Chief Executive Officer

IRVINE, Calif., Sept. 2, 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 the appointment of Douglas M. Pasquale, current Chairman of the Sunstone Board, as the Company's interim Chief Executive Officer, effective immediately.

Aug 03, 2021 04:30 pm ET

Sunstone Hotel Investors Reports Results For Second Quarter 2021

IRVINE, Calif., Aug. 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 second quarter ended June 30, 2021.

Jul 13, 2021 08:07 pm ET

Sunstone Hotel Investors Announces Redemption of 6.450% Series F Preferred Stock

IRVINE, Calif., July 13, 2021 /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 it intends to redeem all 3,000,000 outstanding shares of its 6.450% Series F Cumulative Redeemable Preferred Stock (CUSIP: 867892-70-5). Series F Preferred Stock held through the Depository Trust Company will be redeemed in accordance with the applicable procedures of the Depository Trust Company.

Jul 13, 2021 04:58 pm ET

Sunstone Hotel Investors Prices Public Offering Of 5.70% Series I Cumulative Redeemable Preferred Stock

IRVINE, Calif., July 13, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it has priced an underwritten public offering of 4,000,000 shares of its 5.70% Series I Cumulative Redeemable Preferred Stock (the "Series I Preferred Stock") for gross proceeds of $100 million.

Jul 08, 2021 04:30 pm ET

Sunstone Hotel Investors Successfully Amends Unsecured Debt Agreements, Providing Enhanced Acquisition Capacity

IRVINE, Calif., July 8, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it has completed amendments to the agreements governing its in-place unsecured debt, including the Company's $500 million revolving credit facility, $185 million of funded term loan facilities and $205 million of outstanding private placement senior notes. Pursuant to the terms of the amendments, certain restrictions limiting the aggregate value of unencumbered hotel acquisitions that the

Jun 30, 2021 04:30 pm ET

Sunstone Hotel Investors Schedules Second Quarter 2021 Earnings Release and Conference Call

IRVINE, Calif., June 30, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it will report financial results for the second quarter 2021 on Tuesday, August 3, 2021, after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, August 4, 2021 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jun 09, 2021 08:30 am ET

Sunstone Hotel Investors Declares Dividend On Series H Preferred Stock

IRVINE, Calif., June 9, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that its Board of Directors has declared a cash dividend of $0.157378 per share payable to its Series H cumulative redeemable preferred stockholders. The dividend on the Series H preferred stock reflects the time period from May 24, 2021 to June 30, 2021 and will be paid on July 15, 2021 to stockholders of record as of June 30, 2021.

Feb 11, 2021 03:30 pm ET

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

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.

Jan 22, 2021 07:30 am ET

Sunstone Hotel Investors Announces Tax Treatment Of 2020 Dividends

IRVINE, Calif., Jan. 22, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced the following tax treatment of the 2020 distributions to holders of the Company's common and preferred stock.

Jan 19, 2021 07:30 am ET

Sunstone Hotel Investors Schedules Fourth Quarter 2020 Earnings Release and Conference Call

IRVINE, Calif., Jan. 19, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it will report financial results for the fourth quarter and full year 2020 on Thursday, February 11, 2021, after the market closes. Management will hold its quarterly conference call the next day, on Friday, February 12, 2021 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Dec 23, 2020 03:20 pm ET

Sunstone Hotel Investors Improves Financial Flexibility And Enhances Balance Sheet Strength

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 maturi

Dec 08, 2020 03:27 pm ET

Sunstone Hotel Investors Announces The Sale Of The 502-Room Renaissance Los Angeles Airport For $91.5 Million

IRVINE, Calif., Dec. 8, 2020 /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 the sale of the 502-room Renaissance Los Angeles Airport for a gross sale price of $91.5 million, or approximately $182,300 per key. The sale price represents a 12.2x multiple on 2019 Hotel Adjusted EBITDAre and a 6.8% capitalization rate on 2019 Hotel Net Operating Income. The disposition of the hotel furthers the Company's strategy of concentrating its portfolio into Long-Term Relevan

Nov 05, 2020 03:15 pm ET

Sunstone Hotel Investors Reports Results For Third Quarter 2020

IRVINE, Calif., Nov. 5, 2020 /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 third quarter ended September 30, 2020.

Aug 04, 2020 08:00 am ET

Sunstone Hotel Investors Reports Results for Second Quarter 2020

IRVINE, Calif., Aug. 4, 2020 /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 second quarter ended June 30, 2020.

Jul 16, 2020 08:00 am ET

Sunstone Hotel Investors Successfully Amends Unsecured Debt Agreements And Achieves Additional Flexibility To Navigate The Current Environment

IRVINE, Calif., July 16, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today that it has completed amendments to the agreements governing its in-place unsecured debt, including the Company's $500 million revolving credit facility, $185 million of funded term loan facilities and $240 million of outstanding private placement senior notes.

Jul 10, 2020 08:00 am ET

Sunstone Hotel Investors Schedules Second Quarter 2020 Earnings Release and Conference Call

IRVINE, Calif., July 10, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the second quarter 2020 on Tuesday, August 4, 2020, before the market opens. Management will hold its quarterly conference call the same day at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jul 08, 2020 07:00 am ET

Sunstone Hotel Investors Announces The Sale Of The 622-Room Renaissance Harborplace For $80.0 Million

IRVINE, Calif., July 8, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the sale of the 622-room Renaissance Harborplace in Baltimore, Maryland for a gross sale price of $80.0 million, or approximately $129,000 per key. The disposition of the hotel furthers the Company's stated strategy of concentrating its portfolio in Long-Term Relevant Real Estate® and further enhances the Company's liquidity.

May 08, 2020 08:00 am ET

Sunstone Hotel Investors Reports Results For First Quarter 2020

IRVINE, Calif., May 8, 2020 /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, 2020.

Apr 27, 2020 04:15 pm ET

Sunstone Hotel Investors Schedules First Quarter 2020 Earnings Release and Conference Call

IRVINE, Calif., April 27, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the first quarter 2020 on Friday, May 8, 2020, before the market opens. Management will hold its quarterly conference call the same day at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Apr 07, 2020 04:35 pm ET

Sunstone Hotel Investors Announces Change In Place Of 2020 Annual Meeting Of Stockholders

IRVINE, Calif., April 7, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its upcoming 2020 Annual Meeting of Stockholders (the "Annual Meeting") will now be held in a virtual-only meeting format. The Annual Meeting will be held at the originally scheduled date and time on Thursday, April 30, 2020 at 2:00 p.m. Pacific Time.

Nov 04, 2019 03:15 pm ET

Sunstone Hotel Investors Reports Results For Third Quarter 2019

IRVINE, Calif., Nov. 4, 2019 /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 third quarter ended September 30, 2019.

Oct 04, 2019 08:29 am ET

Sunstone Hotel Investors Schedules Third Quarter 2019 Earnings Release and Conference Call

IRVINE, Calif., Oct. 4, 2019 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the third quarter 2019 on Monday, November 4, 2019 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, November 5, 2019 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Aug 01, 2019 04:11 pm ET

Sunstone Hotel Investors Reports Results For Second Quarter 2019

IRVINE, Calif., Aug. 1, 2019 /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 second quarter ended June 30, 2019.

Jul 24, 2019 09:00 am ET

ARMOUR Residential REIT, Inc. Expands Board With Appointment of Z. Jamie Behar as Independent Director

ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR-PACL and ARR-PB) (“ARMOUR” or the “Company”) today announced that the Board of Directors of the Company (the “Board”) has appointed Ms. Z. Jamie Behar as an independent member of the Board, effective...

May 06, 2019 04:10 pm ET

Sunstone Hotel Investors Reports Results For First Quarter 2019

IRVINE, Calif., May 6, 2019 /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, 2019.

Apr 12, 2019 08:45 am ET

New Research Coverage Highlights Hewlett Packard Enterprise, Sunstone Hotel Investors, NTN Buzztime, Seadrill Partners, Achaogen, and China Automotive — Consolidated Revenues, Company Growth, and Expe

In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Hewlett Packard Enterprise Company (NYSE:HPE), Sunstone Hotel Investors, Inc....

Apr 08, 2019 04:30 pm ET

Sunstone Hotel Investors Schedules First Quarter 2019 Earnings Release and Conference Call

IRVINE, Calif., April 8, 2019 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the first quarter 2019 on Monday, May 6, 2019 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, May 7, 2019 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Feb 12, 2019 03:10 pm ET

Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2018

IRVINE, Calif., Feb. 12, 2019 /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, 2018.

Jan 18, 2019 07:00 am ET

Sunstone Hotel Investors Announces Tax Treatment of Its 2018 Dividends

IRVINE, Calif., Jan.18, 2019 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2018 distributions to holders of the Company's common and preferred stock.

Jan 16, 2019 03:30 pm ET

Sunstone Hotel Investors Schedules Fourth Quarter 2018 Earnings Release and Conference Call

IRVINE, Calif., Jan. 16, 2019 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2018 on Tuesday, February 12, 2019 after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, February 13, 2019 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jan 09, 2019 07:30 am ET

Research Report Identifies Conagra Brands, W.R. Grace, International Flavors & Fragrances, Spirit Airlines, Sunstone Hotel Investors, and Agenus with Renewed Outlook — Fundamental Analysis, Calculatin

In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Conagra Brands Inc. (NYSE:CAG), W.R. Grace & Co. (NYSE:GRA),...

Dec 18, 2018 04:13 pm ET

Sunstone Hotel Investors Declares Fourth Quarter Dividend On Common Stock

IRVINE, Calif., Dec. 18, 2018 /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 that its Board of Directors has declared a fourth quarter dividend of $0.54 per share of common stock. The fourth quarter dividend includes the taxable gain generated from the sale of the Marriott Tysons Corner. The dividend will be paid in cash on January 15, 2019 to holders of record as of December 31, 2018. The fourth quarter dividend, together with the dividends paid in the first

Nov 26, 2018 07:55 am ET

Detailed Research: Economic Perspectives on Sunstone Hotel Investors, Acadia Realty Trust, Matinas Biopharma, Compass Diversified, Aspen Insurance, and Superior Drilling Products — What Drives Growth

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunstone Hotel Investors, Inc. (NYSE:SHO), Acadia Realty Trust (NYSE:AKR),...

Nov 05, 2018 07:00 am ET

Sunstone Hotel Investors Reports Results For Third Quarter 2018

IRVINE, Calif., Nov. 5, 2018 /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 third quarter ended September 30, 2018.

Oct 18, 2018 04:20 pm ET

Sunstone Hotel Investors Completes $500 Million Credit Facility Amendment

IRVINE, Calif., Oct. 18, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today that it has completed an amendment of its unsecured credit facility (the "Amended Facility"). As part of the Amended Facility, the Company's total available capacity increases from $400 million to $500 million. Pricing on the Amended Facility is determined pursuant to a leverage-based pricing grid which ranges from 140 to 225 basis points over LIBOR and reflects a reduction of approximately 5 to 15 basis points over the prior agreement. The Amended Facility

Oct 05, 2018 07:55 am ET

Research Report Identifies AG Mortgage Investment Trust, Nathan's Famous, KKR & Co., Akamai Technologies, DXC Technology, and Sunstone Hotel Investors with Renewed Outlook — Fundamental Analysis, Calc

In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of AG Mortgage Investment Trust, Inc. (NYSE:MITT), Nathan's Famous, Inc....

Oct 03, 2018 07:00 am ET

Sunstone Hotel Investors Schedules Third Quarter 2018 Earnings Release and Conference Call

IRVINE, Calif., Oct. 3, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the third quarter 2018 on Monday, November 5, 2018 before the market opens. Management will hold its quarterly conference call the same day at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Sep 04, 2018 07:00 am ET

Sunstone Hotel Investors To Participate In The Evercore ISI 2018 Real Estate Conference

IRVINE, Calif., Sept. 4, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that John Arabia, President and Chief Executive Officer, will participate in a panel discussion at the Evercore ISI 2018 Real Estate Conference. The presentation will take place at 11:25 a.m. Eastern Time on Wednesday, September 5, 2018 in New York, NY. Interested parties will be able to listen to a webcast of the presentation by following the URL link:

Jul 30, 2018 04:30 pm ET

Sunstone Hotel Investors Reports Results For Second Quarter 2018

ALISO VIEJO, Calif., July 30, 2018 /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 second quarter ended June 30, 2018.

Jul 03, 2018 02:00 pm ET

Sunstone Hotel Investors Schedules Second Quarter 2018 Earnings Release and Conference Call

ALISO VIEJO, Calif., July 3, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the second quarter 2018 on Monday, July 30, 2018 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, July 31, 2018 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jun 27, 2018 07:35 am ET

Report: Developing Opportunities within American Homes 4 Rent, Invitation Home, Graphic Packaging Holding, Flotek Industries, Sunstone Hotel Investors, and BioMarin Pharmaceutical — Future Expectation

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of American Homes 4 Rent (NYSE:AMH), Invitation Home Inc. (NYSE:INVH),...

May 11, 2018 08:30 am ET

Consolidated Research: 2018 Summary Expectations for Sunstone Hotel Investors, Plains All American Pipeline, Sorrento Therapeutics, TD Ameritrade Holding, Meritor, and DXC Technology — Fundamental Ana

May 07, 2018 04:30 pm ET

Sunstone Hotel Investors Reports Results For First Quarter 2018

ALISO VIEJO, Calif., May 7, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2018.

Apr 09, 2018 08:00 am ET

Sunstone Hotel Investors Schedules First Quarter 2018 Earnings Release and Conference Call

ALISO VIEJO, Calif., April 9, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the first quarter 2018 on Monday, May 7, 2018 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, May 8, 2018 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Feb 13, 2018 09:00 am ET

Sunstone Hotel Investors, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / February 13, 2018 / Sunstone Hotel Investors, Inc. (NYSE: SHO) will be discussing their earnings results in their Q4 Earnings Call to be held on February 13, 2018, at 12:00 PM Eastern Time.

Feb 12, 2018 03:15 pm ET

Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2017

ALISO VIEJO, Calif., Feb. 12, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and year ended December 31, 2017.

Feb 07, 2018 07:35 am ET

etailed Research: Economic Perspectives on Sunstone Hotel Investors, Cinemark, STORE Capital, USA Technologies, Parker Drilling, and American Water Works — What Drives Growth in Today's Competitive La

NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunstone Hotel Investors, Inc. (NYSE:SHO), Cinemark...

Jan 26, 2018 03:15 pm ET

Sunstone Hotel Investors Announces Tax Treatment of Its 2017 Dividends

ALISO VIEJO, Calif., Jan. 26, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2017 distributions to holders of the Company's common and preferred stock.

Jan 25, 2018 03:15 pm ET

Sunstone Hotel Investors Schedules Fourth Quarter 2017 Earnings Release and Conference Call

ALISO VIEJO, Calif., Jan. 25, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2017 on Monday, February 12, 2018 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, February 13, 2018 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jan 10, 2018 07:00 am ET

Sunstone Hotel Investors Announces The Sale Of The 289-Room Marriott Philadelphia And The 464-Room Marriott Quincy For $139.0 Million

ALISO VIEJO, Calif., Jan. 10, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the sale of the 289-room Marriott Philadelphia and the 464-room Marriott Quincy for a combined gross sale price of $139.0 million, or approximately $184,600 per key. The sale price represents a 10.3x multiple on combined 2017 Hotel Adjusted EBITDA of $13.5 million and an 8.3% capitalization rate on combined 2017 Hotel Net Operating Income and excludes approximately $12 million of brand required capital expenditures. The disposition of these two hotels

Dec 11, 2017 06:59 am ET

Sunstone Hotel Investors Declares Fourth Quarter Dividend On Common Stock

ALISO VIEJO, Calif., Dec. 11, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its Board of Directors has declared a fourth quarter dividend of $0.58 per share of common stock. The dividend will be paid in cash on January 16, 2018 to holders of record as of December 31, 2017. The fourth quarter dividend, together with the dividends paid in the first three quarters of 2017, represent an annual yield of 4.4% based on the closing stock price as of December 8, 2017.

Nov 16, 2017 07:30 am ET

New Research Coverage Highlights Sunstone Hotel Investors, Cinemark, STORE Capital, USA Technologies, Parker Drilling, and American Water Works — Consolidated Revenues, Company Growth, and Expectation

NEW YORK, Nov. 16, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunstone Hotel Investors, Inc. (NYSE:SHO), Cinemark...

Nov 13, 2017 04:30 pm ET

Sunstone Hotel Investors Refinances $220 Million Mortgage Loan Secured By The Hilton San Diego Bayfront

ALISO VIEJO, Calif., Nov. 13, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has refinanced the existing $220 million mortgage loan secured by the Hilton San Diego Bayfront with a new $220 million mortgage loan (the "Loan"). The Loan has a three-year initial term and three one-year extension options, subject to the satisfaction of certain conditions. The Loan is interest only and provides for a floating interest rate of LIBOR plus 1.05% with a 25 basis point increase during the final one-year extension period, if extended

Oct 30, 2017 05:12 pm ET

Sunstone Hotel Investors Reports Results For Third Quarter 2017

ALISO VIEJO, Calif., Oct. 30, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2017.

Oct 03, 2017 05:15 pm ET

Sunstone Hotel Investors Schedules Third Quarter 2017 Earnings Release and Conference Call

ALISO VIEJO, Calif., Oct. 3, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the third quarter 2017 on Monday, October 30, 2017 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, October 31, 2017 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Sep 21, 2017 09:00 am ET

Sunstone Hotel Investors Provides Update On Impact From Hurricanes Harvey And Irma

ALISO VIEJO, Calif., Sept. 21, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) provided an update today regarding its hotels in Texas and Florida that were impacted by Hurricanes Harvey and Irma. The Company maintains customary property, casualty, flood and business interruption insurance at all of its hotels, the coverage of which is subject to certain limitations including higher deductibles in the event of a named windstorm. Sunstone will continue to evaluate the overall financial impact of the recent storms on the portfolio, taking into con

Sep 05, 2017 05:15 pm ET

Sunstone Hotel Investors To Participate In The Evercore ISI 2017 Real Estate Conference

ALISO VIEJO, Calif., Sept. 5, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that John Arabia, President and Chief Executive Officer, will participate in a panel discussion at the Evercore ISI 2017 Real Estate Conference. The presentation will take place at 11:25 a.m. Eastern Time on Thursday, September 7, 2017 in New York, NY. Interested parties will be able to listen to a webcast of the presentation by following the URL link:

Aug 01, 2017 05:05 pm ET

Sunstone Hotel Investors Reports Results For Second Quarter 2017

ALISO VIEJO, Calif., Aug. 1, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2017.

Jul 26, 2017 05:02 pm ET

Sunstone Hotel Investors Acquires the 175-Room Oceans Edge Hotel & Marina Key West, Florida

ALISO VIEJO, Calif., July 26, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it has acquired the fee-simple interest in the 175-room Oceans Edge Hotel & Marina in Key West, Florida for $175 million. In addition, the Company announced that it had recently completed the disposition of the 199-room Marriott Park City in Park City, Utah for a gross sale price of $27.6 million.

Jul 11, 2017 05:15 pm ET

Sunstone Hotel Investors Schedules Second Quarter 2017 Earnings Release and Conference Call

ALISO VIEJO, Calif., July 11, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the second quarter 2017 on Tuesday, August 1, 2017 after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, August 2, 2017 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

May 08, 2017 09:00 am ET

Summit Hotel Properties To Host Institutional Investor and Security Analyst Conference In New Orleans, Louisiana On May 22 and 23, 2017

AUSTIN, Texas, May 8, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that it will host an Institutional Investor and Security Analyst Conference on Monday, May 22, 2017 and Tuesday, May 23, 2017, in New Orleans, Louisiana. The conference will include property tours of the Company's five New Orleans hotels and a presentation by the Company's management team.

May 02, 2017 05:20 pm ET

Sunstone Hotel Investors Reports Results For First Quarter 2017

ALISO VIEJO, Calif., May 2, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2017.

Apr 04, 2017 05:15 pm ET

Sunstone Hotel Investors Schedules First Quarter 2017 Earnings Release and Conference Call

ALISO VIEJO, Calif., April 4, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the first quarter 2017 on Tuesday, May 2, 2017 after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, May 3, 2017 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Mar 30, 2017 04:10 pm ET

UCP Announces Expansion of Board and Strengthened Corporate Governance

SAN JOSE, Calif., March 30, 2017 (GLOBE NEWSWIRE) -- UCP, Inc. (NYSE: UCP) together with the Company’s largest shareholder, PICO Holdings, Inc. (NASDAQ: PICO), today announce an agreement to nominate Keith M. Locker to the board of directors. In connection with the addition of Mr. Locker the number of directors on the UCP Board will increase from six to seven members, effective as of immediately prior to the 2017 Annual Meeting of Stockholders of UCP....

Feb 21, 2017 04:20 pm ET

Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2016

ALISO VIEJO, Calif., Feb. 21, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and year ended December 31, 2016.

Feb 13, 2017 08:00 am ET

Sunstone Hotel Investors Announces The Sale Of The 444-Room Fairmont Newport Beach For $125.0 Million

ALISO VIEJO, Calif., Feb. 13, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the sale of the 444-room Fairmont Newport Beach (the "Hotel") for a contractual gross sale price of $125.0 million, or approximately $281,500 per key (the "Sale"). The sale price of $125.0 million represents a 16.0x multiple on 2016 Hotel Adjusted EBITDA of $7.8 million and a 5.2% capitalization rate on the Hotel's 2016 net operating income. The Sale resulted in an estimated net book gain of approximately $44 million and is estimated to increase 2017 ta

Jan 20, 2017 04:10 pm ET

Sunstone Hotel Investors Announces Tax Treatment of Its 2016 Dividends

ALISO VIEJO, Calif., Jan. 20, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2016 distributions to holders of the Company's common and preferred stock.

Jan 13, 2017 08:00 am ET

Sunstone Hotel Investors Schedules Fourth Quarter 2016 Earnings Release and Conference Call

ALISO VIEJO, Calif., Jan. 13, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2016 on Tuesday, February 21, 2017 after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, February 22, 2017 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Dec 20, 2016 04:15 pm ET

Sunstone Hotel Investors Announces $240 Million Private Placement Of Senior Unsecured Notes

ALISO VIEJO, Calif., Dec. 20, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has entered into an agreement for the private placement of $240 million of senior unsecured notes. The private placement consists of $120 million of notes with a nine-year term bearing interest at a fixed rate of 4.69% and $120 million of notes with an eleven-year term bearing interest at a fixed rate of 4.79%. Proceeds from the new unsecured senior notes will be used primarily to repay in full the 5.58% mortgage loan secured by the Embassy Sui

Dec 13, 2016 06:55 am ET

Sunstone Hotel Investors Declares Fourth Quarter Dividend On Common Stock

ALISO VIEJO, Calif., Dec. 13, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its Board of Directors has declared a fourth quarter dividend of $0.53 per share of common stock. The dividend will be paid in cash on January 17, 2017 to holders of record as of December 31, 2016. The fourth quarter dividend, together with the dividends paid in the first three quarters of 2016, represent an annual yield of 4.3% based on yesterday's closing stock price.

Nov 01, 2016 05:30 pm ET

Sunstone Hotel Investors Reports Results For Third Quarter 2016

ALISO VIEJO, Calif., Nov. 1, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2016.

Oct 04, 2016 09:00 am ET

Sunstone Hotel Investors Schedules Third Quarter 2016 Earnings Release and Conference Call

ALISO VIEJO, Calif., Oct. 4, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the third quarter 2016 on Tuesday, November 1, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, November 2, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Sep 06, 2016 05:10 pm ET

Sunstone Hotel Investors To Participate In The Evercore ISI 2016 Real Estate Conference

ALISO VIEJO, Calif., Sept. 6, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that John Arabia, President and Chief Executive Officer, will participate in a panel discussion at the Evercore ISI 2016 Real Estate Conference. The presentation will take place at 11:25 a.m. EDT on Thursday, September 8, 2016 in New York, NY. Investors will be able to listen to a webcast of the presentation by following the URL link:

Aug 08, 2016 05:30 pm ET

Sunstone Hotel Investors Reports Results For Second Quarter 2016

ALISO VIEJO, Calif., Aug. 8, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2016.

Jul 01, 2016 07:50 am ET

Sunstone Hotel Investors Schedules Second Quarter 2016 Earnings Release and Conference Call

ALISO VIEJO, Calif., July 1, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the second quarter 2016 on Monday, August 8, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, August 9, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Jun 06, 2016 05:30 pm ET

Sunstone Hotel Investors Declares Dividend On Series F Preferred Stock

ALISO VIEJO, Calif., June 6, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its Board of Directors has declared a cash dividend of $0.2016 per share payable to its Series F cumulative redeemable preferred stockholders. The Series F preferred stock dividend reflects the time period of May 17, 2016 to June 30, 2016. The dividend will be paid on July 15, 2016 to stockholders of record as of June 30, 2016.

May 11, 2016 07:50 am ET

Sunstone Hotel Investors Sells The Leasehold Interest In The 203-Room Sheraton Cerritos For $42.0 Million

ALISO VIEJO, Calif., May 11, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has sold (the "Sale") the leasehold interest in the 203-room Sheraton Cerritos (the "Hotel") for a contractual price of $42.0 million (or approximately $206,900 per key). The contractual gross sale price of $42.0 million represents a 10.5x multiple on 2015 Hotel Adjusted EBITDA of $4.0 million, and a 8.2% capitalization rate on 2015 Hotel net operating income. The transaction resulted in an estimated net book gain of approximately $17.5 million t

May 10, 2016 10:00 am ET

Sunstone Hotel Investors, Inc. Prices Public Offering of 6.45% Series F Cumulative Redeemable Preferred Stock

ALISO VIEJO, Calif., May 10, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company") announced today that it has priced an underwritten public offering of 3,000,000 shares of its 6.45% Series F Cumulative Redeemable Preferred Stock (the "Series F Preferred Shares") for gross proceeds of $75 million.

May 02, 2016 06:10 pm ET

Sunstone Hotel Investors Reports Results For First Quarter 2016

ALISO VIEJO, Calif., May 2, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2016.

Apr 29, 2016 07:50 am ET

Sunstone Hotel Investors Announces Changes To The Board Of Directors

ALISO VIEJO, Calif., April 29, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that W. Blake Baird and Murray J. McCabe have been elected to the Company's Board of Directors. In addition, Lewis N. Wolff, a Director since 2004, did not stand for reelection and has retired from the Board. These changes are effective as of April 28, 2016 and have expanded the Board to nine members, including eight independent Directors.

Mar 30, 2016 07:45 am ET

Sunstone Hotel Investors Schedules First Quarter 2016 Earnings Release and Conference Call

ALISO VIEJO, Calif., March 30, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the first quarter 2016 on Monday, May 2, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, May 3, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

Mar 04, 2016 09:05 am ET

Sunstone Hotel Investors, Inc. Announces the Redemption of 8.0% Series D Cumulative Redeemable Preferred Stock

ALISO VIEJO, Calif., March 4, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it intends to redeem all of its issued and outstanding 8.0% Series D Cumulative Redeemable Preferred Stock (the "Series D Shares"). All of the 4,600,000 issued and outstanding Series D Shares will be redeemed. Series D Shares held through the Depository Trust Company will be redeemed in accordance with the applicable procedures of the Depository Trust Company.

Mar 04, 2016 08:53 am ET

Sunstone Hotel Investors, Inc. Prices Public Offering of 6.95% Series E Cumulative Redeemable Preferred Stock

ALISO VIEJO, Calif., March 4, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company") announced today that it has priced an underwritten public offering of 4,600,000 shares of its 6.95% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Shares") for gross proceeds of $115 million.

Feb 22, 2016 04:32 pm ET

Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2015

ALISO VIEJO, Calif., Feb. 22, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2015.

Jan 29, 2016 04:30 pm ET

Sunstone Hotel Investors Announces Results Of Fourth Quarter Dividend Election And 2015 Dividend Income Tax Treatment

ALISO VIEJO, Calif., Jan. 29, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the results of its stockholders' elections relating to its fourth quarter dividend of $1.26 per common share, payable on January 29, 2016 to record holders on December 31, 2015, and the 2015 tax treatment of its common stock and Series D preferred stock dividends.

Jan 21, 2016 04:38 pm ET

Sunstone Hotel Investors Schedules Fourth Quarter 2015 Earnings Release and Conference Call

ALISO VIEJO, Calif., Jan. 21, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2015 on Monday, February 22, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, February 23, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).

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Sunstone Hotel Investors Inc (N:SHO)

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