secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001558370-22-001612
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone Q4 net income $138.3M vs loss; RevPAR up 421% YoY; sold Chicago hotel for $67.5M
--------------------------------------------------------------------------------

- Q4 net income $138.3M vs net loss of $39.4M in Q4 2020; full year net income $33.0M vs loss $410.5M.
- Q4 comparable 14-hotel RevPAR $136.51 (+421.2% YoY); ADR $245.53, occupancy 55.6%.
- Q4 Adjusted EBITDAre $31.2M (+263.3%); Adjusted FFO per share $0.08 (+150.0%).
- Sold leasehold interest in Hyatt Centric Chicago Magnificent Mile (419 rooms) for $67.5M in Feb 2022.
- Full year RevPAR $105.43 (+121.4%); Adjusted EBITDAre $67.2M (+176.2%); Adjusted FFO per share $0.04 (+105.5%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022001612/0001558370-22-001612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022001612/sho-20220222x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-001612

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