---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006696"
form_type: "8-K"
ticker: "SHO"
cik: "0001295810"
company_name: "Sunstone Hotel Investors, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:50:24.003114+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sunstone Hotel Q1 net income $13M, RevPAR down 5.1%; acquires Hyatt Regency San Antonio, raises dividend

## Summary
- Net income $13.0M vs $21.1M YoY; Adjusted FFO per diluted share $0.18, down 14.3%.
- Comparable RevPAR fell 5.1% to $223.06; ADR $325.16, occupancy 68.6%.
- Adjusted EBITDAre decreased 9.2% to $54.5M.
- Acquired Hyatt Regency San Antonio Riverwalk; increased quarterly dividend (amount not disclosed).
- Annual meeting: all directors elected; director Pasquale received 38M against votes.

## SEC filing metadata
- accession: 0001558370-24-006696
- form_type: 8-K
- ticker: SHO
- cik: 0001295810
- company_name: Sunstone Hotel Investors, Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295810/000155837024006696/0001558370-24-006696-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295810/000155837024006696/sho-20240503x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006696
- JSON: https://secwatch.observer/filing/0001558370-24-006696.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006696.txt

## Source-grounded claims
- claim_id: aaf783a0ef3b6a9cc63a1e97a8e44a537a6ccb3c
  claim: Sunstone Hotel Investors, Inc. reported first quarter ended March 31, 2024 results: net income $13.0 million, EPS $0.18.
  evidence_excerpt: Sunstone Hotel Investors, Inc. (the "Company") issued a press release regarding its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295810/000155837024006696/0001558370-24-006696-index.htm
- claim_id: 4f87a38d1fa5a4f0560ca6c20b99dd1ff7254e6e
  claim: Sunstone Hotel Investors, Inc. shareholders approved Ratification of the Audit Committee's appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-03 meeting.
  evidence_excerpt: Ratification of the Audit Committee’s appointment of Ernst & Young LLP to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295810/000155837024006696/0001558370-24-006696-index.htm
- claim_id: 95b8a338e2790e1cb4c59f1b20828ce2350288d9
  claim: Sunstone Hotel Investors, Inc. shareholders approved Election of eight directors to serve until the next annual meeting at the 2024-05-03 meeting.
  evidence_excerpt: Election of eight directors to serve until the next annual meeting and until their successors are elected and qualified:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295810/000155837024006696/0001558370-24-006696-index.htm
- claim_id: aca0480d0b09666458d439426cc5b878da728ea2
  claim: Sunstone Hotel Investors, Inc. shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2024-05-03 meeting.
  evidence_excerpt: Advisory vote to approve the compensation of the Company’s named executive officers:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295810/000155837024006696/0001558370-24-006696-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.