Sunstone Hotel operations update: Q3 QTD RevPAR down 2.7% vs 2019, ADR up 16.9%

Sunstone Hotel Investors, Inc.

Comparable portfolio occupancy 72.2% (down 1,450 bps vs 2019); ADR $285.37 (+16.9% vs 2019).
Excluding Renaissance Washington DC (conversion to Westin in 2023), RevPAR down only 0.4% vs 2019.
Group revenue pace for H2 2022 down 13% vs 2019, an improvement of ~200 bps from June 2022.
September–December transient bookings at 86% of 2019 room nights, with rates ~27% higher.
Preliminary Q3 QTD total revenues $161M, Hotel Adjusted EBITDA $47M for all 15 hotels.

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.