Sunstone Hotel net income $20.5M in Q3 2022 vs loss of $22.1M a year ago; RevPAR up 49%

Sunstone Hotel Investors, Inc.

2022-Q3 EPS reported $0.27 revenue$667,909,000

Comparable portfolio RevPAR surged 49.0% to $207.18; ADR $287.75, occupancy 72.0%.
Adjusted EBITDA re increased 80.6% to $63.8 million.
Adjusted FFO per diluted share rose 118.2% to $0.24.
Company returning capital through share repurchases and dividends.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.4

Sunstone Hotel Investors, Inc. reported financial results for third quarter ended September 30, 2022.

Period: third quarter ended September 30, 2022
Result: reported results

Exact text from the filing

On November 8, 2022, Sunstone Hotel Investors, Inc. (the “Company”) issued a press release regarding its financial results for the third quarter ended September 30, 2022.

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Sunstone Hotel Investors, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-22-016750

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