2014 News Releases

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2014 | 2013 | 2012 | 2011 | 2010
DateTitle
08/07/14Sunstone Hotel Investors Reports Results For Second Quarter 2014
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07/17/14Sunstone Hotel Investors Completes the Acquisition of the Wailea Beach Marriott Resort & Spa
ALISO VIEJO, Calif., July 17, 2014 /PRNewswire/ -- Sunstone Hotel Investors (the "Company") (NYSE: SHO) announced today that it has completed the acquisition of the 544-room Wailea Beach Marriott Resort & Spa located in Maui, Hawaii for a contractual purchase price (net of certain reserve balances received by the Company) of approximately $325.5 million ($598,400 per key).  The Company funded the acquisition, in part, with $60 million of common stock issued today directly to the seller, an a... 
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07/09/14Sunstone Hotel Investors Schedules Second Quarter 2014 Earnings Release and Conference Call
ALISO VIEJO, Calif., July 9, 2014 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the second quarter and year-to-date 2014 on Thursday, August 7, 2014 after the market close.  Management will hold its quarterly conference call on Friday, August 8, 2014 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available via the Investor Relations section of the Sunstone Hotel Investors ... 
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06/20/14Sunstone Hotel Investors Announces Pricing of Public Offering of 18,000,000 Shares of Common Stock
ALISO VIEJO, Calif., June 20, 2014 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today the pricing of its public underwritten offering of 18,000,000 shares of its common stock for expected approximate gross proceeds of $263,700,000 before underwriting discounts and commissions and estimated offering expenses payable by the Company. The underwriter has been granted a 30-day option to purchase up to an additional 2,700,000 shares of common stock. The offering... 
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06/19/14Sunstone Hotel Investors Announces Public Offering of 18,000,000 Shares of Common Stock
ALISO VIEJO, Calif., June 19, 2014 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it intends to issue 18,000,000 shares of its common stock in an underwritten public offering. The underwriter may offer shares of common stock in transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices. The underwriter will be granted a 30-day option to purchase up to an additional 2,700,000... 
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06/19/14Sunstone Hotel Investors To Acquire The 544-Room Wailea Beach Marriott Resort & Spa
ALISO VIEJO, Calif., June 19, 2014 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that the Company has entered into a definitive agreement to acquire the 544-room Wailea Beach Marriott Resort & Spa (the "Hotel"), located on 22 fee-simple acres in Maui, Hawaii, for a net purchase price of $325.7 million, or $598,600 per key.  The purchase price represents a 16.9x multiple on 2014 forecasted Hotel EBITDA of $19.3 million and a 5.2% capi... 
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05/05/14Sunstone Hotel Investors Reports Results For First Quarter 2014
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04/23/14Sunstone Hotel Investors Schedules First Quarter 2014 Earnings Release and Conference Call
ALISO VIEJO, Calif., April 23, 2014 /PRNewswire/ -- Sunstone Hotel Investors (the "Company") (NYSE: SHO) announced that it will report financial results for the first quarter 2014 on Monday, May 5, 2014 after the market close. Management will hold its quarterly conference call on Tuesday, May 6, 2014 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available via the Investor Relations section of the Sunstone Hotel Investors website at www.Sunstonehotels.... 
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02/28/14Sunstone Hotel Investors to Present at the Citi 2014 Global Property CEO Conference Tuesday, March 4, 2014 at 10:10 a.m. ET
ALISO VIEJO, Calif., Feb. 28, 2014 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE:SHO) announced today that it will present to investors attending the Citi 2014 Global Property CEO Conference in Hollywood, Florida on Tuesday, March 4 at 10:10 a.m. ET.  Ken Cruse, chief executive officer, will participate in a company roundtable presentation.  To listen to the webcast, please visit www.citigroup/globalproperty2014.com at least 15 minutes prior to the beginning of the scheduled presentati... 
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02/21/14Sunstone Hotel Investors to Host Investor Day at the Hilton Times Square on April 9, 2014
ALISO VIEJO, Calif., Feb. 21, 2014 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") will host an Investor Day on Wednesday, April 9, 2014 in New York at the Hilton Times Square.  The event will include a presentation by the Company's senior executives starting at 9:00 a.m., followed by a lunch with various members of the management team. A conference call and webcast for investors and other interested parties is scheduled for 9:00 a.m. Eastern Time (ET) the same day. The audio ... 
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02/20/14Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2013
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01/22/14Sunstone Hotel Investors Schedules Fourth Quarter 2013 Earnings Release and Conference Call
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