secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001558370-24-011209
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone Q2 net income falls to $26.1M; adjusted FFO down 15.2%
---------------------------------------------------------------

- Net income $26.1M vs $43.1M YoY; Adjusted EBITDA re down 13.6% to $73.5M.
- Comparable RevPAR decreased 2.0% to $232.59; ADR $322.60, occupancy 72.1%.
- Adjusted FFO per diluted share $0.28, down 15.2% YoY.
- Excluding hotel renovations (Confidante Miami Beach, Long Beach Downtown), RevPAR up 0.4% and 2.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837024011209/0001558370-24-011209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837024011209/sho-20240807x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-011209

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