|02/13/17||Sunstone Hotel Investors Announces The Sale Of The 444-Room Fairmont Newport Beach For $125.0 Million|
|ALISO VIEJO, Calif., Feb. 13, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the sale of the 444-room Fairmont Newport Beach (the "Hotel") for a contractual gross sale price of $125.0 million, or approximately $281,500 per key (the "Sale"). The sale price of $125.0 million represents a 16.0x multiple on 2016 Hotel Adjusted EBITDA of $7.8 million and a 5.2% capitalization rate on the Hotel's 2016 net operating income. The Sale result... |
|01/20/17||Sunstone Hotel Investors Announces Tax Treatment of Its 2016 Dividends|
|ALISO VIEJO, Calif., Jan. 20, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2016 distributions to holders of the Company's common and preferred stock.
|01/13/17||Sunstone Hotel Investors Schedules Fourth Quarter 2016 Earnings Release and Conference Call|
|ALISO VIEJO, Calif., Jan. 13, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2016 on Tuesday, February 21, 2017 after the market closes. Management will hold its quarterly conference call the next day, on Wednesday, February 22, 2017 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 Inves... |