secwatch.observer — SEC 8-K summary
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Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001558370-25-001262
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone Hotel Q4 net income $0.8M; Adjusted FFO per share down 15.8% to $0.16
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- Q4 net income $0.8M vs $127.0M prior year (incl. gain on sale); adj. FFO $0.16/diluted share, down 15.8%.
- Comparable RevPAR fell 1.1% to $199.07; ADR $304.85, occupancy 65.3%. Excl. transition and labor impacts, RevPAR up 2.4%.
- Full year net income $43.3M vs $206.7M; Adjusted EBITDAre $229.7M, down 12.8%.
- CEO Giglia and CFO Reyes entered amended employment agreements increasing cash bonus percentages effective Feb 18, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837025001262/0001558370-25-001262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837025001262/sho-20250218x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001262

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