Sunstone Hotel posts Q2 net income $37.7M; RevPAR up 98.4% to $220.37

Sunstone Hotel Investors, Inc.

2022-Q2 EPS reported $0.19 revenue$423,595,000

Net income $37.7M vs net loss $27.9M YoY; Adj FFO per diluted share $0.30 (up 2900%).
Comparable portfolio RevPAR $220.37 (+98.4% YoY) on ADR $295.40, occupancy 74.6%.
Adjusted EBITDA re $74.0M, up 382.9% YoY.
Completed acquisition of The Confidante Miami Beach and remaining 25% JV interest in Hilton San Diego Bayfront.
Amended credit agreement to extend maturities and increase debt capacity; reinstated common dividend and continued share repurchases.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.