secwatch.observer — SEC 8-K summary
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Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001558370-21-014651
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone reports Q3 net loss of $22.1M; RevPAR up 633%; acquisition and sale contracts
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- Net loss of $22.1M vs $91.1M loss in Q3 2020; Adjusted FFO per share $0.10, up 138.5%.
- 16 Hotel Portfolio RevPAR $136.12, up 633.4% YoY; occupancy 54.8%, ADR $248.40.
- Adjusted EBITDA re $35.4M, up 197.7% vs prior year.
- Under contract to buy Four Seasons Resort Napa Valley for $177.5M and sell Embassy Suites La Jolla for $226.7M.
- Sold Renaissance Westchester for $18.8M in October 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837021014651/0001558370-21-014651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837021014651/sho-20211104x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-014651

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer