Sunstone Hotel Investors Q2 FY26 net income attributable to common stockholders more than doubled to $26 million; RevPAR rises 9.3% to $263.61
Reuters2026/08/06 11:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sunstone Hotel Investors posted Q2 net income attributable to common stockholders of USD 26 million, more than doubled from a year earlier, with EPS rising to USD 0.14.
- Adjusted EBITDAre (non-GAAP) increased 5.5% to USD 76.7 million, while RevPAR climbed 9.3% to USD 263.61 on ADR of USD 339.71.
- Sold the 821-room Hyatt Regency San Francisco to Blackstone Real Estate funds for USD 279 million; deployed about USD 70 million of proceeds into common and preferred repurchases.
- Converted Oceans Edge Resort & Marina to Hilton Key West Resort & Marina on July 1; management expects incremental earnings from stronger distribution and lower acquisition costs.
- Raised full-year net income outlook to USD 79 million-USD 89 million; lifted Adjusted EBITDAre view to USD 245 million-USD 255 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunstone Hotel Investors Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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