Sunstone Hotel FFO of $0.20 beats by $0.02, revenue of $233.7M beats by $8.45M
Seeking Alpha · Deepa Sarvaiya ·
Sunstone Hotel Q3 earnings beat estimates as revenue and RevPAR rose.
- Sunstone Hotel press release (SHO): Q3 FFO of $0.20 beats by $0.02.
- Revenue of $233.7M (+1.9% Y/Y) beats by $8.45M.
- RevPAR: RevPAR for all hotels in the portfolio increased 11.4% to $235.22. The average daily rate was $323.55 and occupancy was 72.7%. RevPAR excluding Andaz Miami
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