Sunstone Hotel Investors (SHO) Tops Q4 FFO by 2c/Share
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Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2015
February 22, 2016 4:32 PM ESTALISO VIEJO, Calif., Feb. 22, 2016 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2015.
Fourth Quarter 2015 Operational Results (as compared to Fourth Quarter 2014):
Comparable Hotel RevPAR, including adoption of the industry's Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition ("USALI Eleventh Revised Edition"), which became effective January 1, 2015, increased 4.1% to $152.40. Comparable Hotel Adjusted EBITDA Margin, including adoption of the USALI Eleventh Revised Edition and excluding prior year property taxes, net increased 120... More
