SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2024
Sunstone Hotel Investors(SHO) Prnewswire·2024-11-12 20:30
Refinances Only 2024 MaturityALISO VIEJO, Calif., Nov. 12, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2024.Third Quarter 2024 Operational Results (as compared to Third Quarter 2023): Net Income: Net income was $3.2 million as compared to $15.6 million. Comparable RevPAR: Comparable RevPAR decreased 1.3% to $207.56. The average daily rate was $301.69 and occupancy was 68.8%. Excluding The Conf ...