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

Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001558370-22-007078
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone Q1 net income $15.1M vs loss of $55.3M; RevPAR up 207.7%
-----------------------------------------------------------------

- Net income of $15.1M compared to net loss of $55.3M in Q1 2021; Adjusted EBITDAre up 285.3% to $27.2M.
- 12 Hotel Portfolio RevPAR $148.65 (+207.7% YoY) on ADR $279.95 and occupancy 53.1%.
- 14 Hotel Portfolio RevPAR $159.76; ADR $301.44, occupancy 53.0%.
- Adjusted FFO per diluted share $0.08, up 166.7% YoY; FFO calculation changed to exclude deferred stock comp amortization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022007078/0001558370-22-007078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022007078/sho-20220504x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007078

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