Sunstone Hotel Investors (SHO) Tops Q3 EPS by 3c
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Sunstone Hotel Investors Reports Results For Third Quarter 2021
November 4, 2021 4:35 PM EDTIRVINE, Calif., Nov. 4, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced results for the third quarter ended September 30, 2021.
Third Quarter 2021 Operational Results (as compared to Third Quarter 2020):
Net Loss: Net loss was $22.1 million as compared to $91.1 million. 16 Hotel Portfolio RevPAR: RevPAR at the comparable 16 hotels the Company owned during both 2021 and 2020, except the Renaissance Westchester which was sold in October 2021 (the "16 Hotel Portfolio"), increased 633.4% to $136.12. The... More