secwatch.observer — SEC 8-K summary
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Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001558370-22-011764
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022011764/0001558370-22-011764-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022011764/sho-20220803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-011764

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