David Klein
David Klein will depart from his position as General Counsel and Secretary of the Company, effective May 31, 2026.
Highest-materiality recent filing
Sunstone Hotel Q1 net income $16M ($0.08/diluted), RevPAR +14.6%; GC departs
Net income attributable to common stockholders was $16.0M ($0.08/diluted) vs $1.3M ($0.01) in Q1 2025.
Sunstone Q4 net income $7.2M; RevPAR +9.6%; returns $170M to holders
Q4 net income $7.2M vs $0.8M YoY; Adjusted FFO per share $0.20, up 25%.
Sunstone Hotel Q3 net income $1.3M, RevPAR up 2%, but adjusted FFO down 5.6%
Net income fell to $1.3M from $3.2M in Q3 2024, a 59% decline.
Sunstone closes $1.35B credit facility, extends maturities to 2030-2031, lowers borrowing cost
Aggregate borrowing capacity of $1.35B composed of $500M revolver and three term loans totaling $850M.
Sunstone Hotel Q2 net income falls to $10.8M from $26.1M; RevPAR up 2.2%
Net income $10.8M vs $26.1M YoY; excluding loss on sale of Hilton New Orleans St. Charles, net income would have been $19.5M.
Sunstone Hotel Q1 net income $5.3M; Adj. FFO per share up 16.7% to $0.21; RevPAR +2.2%
Net income of $5.3M vs $13.0M in Q1 2024; Adjusted FFO per share rose 16.7% to $0.21.
Sunstone Hotel Q4 net income $0.8M; Adjusted FFO per share down 15.8% to $0.16
Q4 net income $0.8M vs $127.0M prior year (incl. gain on sale); adj. FFO $0.16/diluted share, down 15.8%.
Sunstone Q3 net income $3.2M vs $15.6M; RevPAR down 1.3%; new $100M term loan
Net income fell to $3.2M from $15.6M YoY; Adjusted FFO per diluted share $0.18, down 21.7%.
Sunstone Hotel lowers FY2024 guidance due to labor disruption at Hilton San Diego Bayfront
Labor disruption at 1,190-room Hilton San Diego Bayfront caused group cancellations; union ratified new contract on Oct 9, hotel resumed normal operations.
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.
Net income $13.0M vs $21.1M YoY; Adjusted FFO per diluted share $0.18, down 14.3%.
David Klein will depart from his position as General Counsel and Secretary of the Company, effective May 31, 2026.
Chris Ostapovicz will depart from his position as Chief Operating Officer of the Company, effective January 21, 2025.
Max materiality 0.75 · Median 0.65 · Most common event earnings