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Sunstone Hotel Investors (SHO)

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Luxury & upper-upscale

13 hotels, 6,178 rooms, in 12 of the markets this site covers and elsewhere at the end of Q2 2026, as reported.

Independent research; not affiliated with or endorsed by any REIT.

Snapshot

Q2 2026 · reported
RevPAR
$263.61
ADR
$339.71
Occupancy
77.6%
Hotels
136,178 rooms
  • RevPAR, ADR, Occupancy:SourceAll hotels · 8-K exhibit 99.1, filed Aug 6, 2026 sec.gov ↗
  • Hotels, Rooms:Source8-K exhibit 99.1, filed Aug 6, 2026 sec.gov ↗

Tracking gap (captured rate vs reported ADR) appears once a quarter's weekly captures and its reported ADR both exist.

Captured rates

Google Hotels · captured Tue, Nov 3, 2026

12 of 14 current hotels priced. Each figure is the median of the hotels' cheapest refundable nightly rate before taxes and fees, 2 adults, for the stay shown; low-confidence, reseller-only prices are left out, and a stay with fewer than 8 hotels behind it shows “thin” instead of a median. Method

StayDatesMedian refundableHotels
7 days out, Mon–Thu stayNov 9–Nov 12 · 3 nights$4008
7 days out, Fri–Sun stayNov 13–Nov 15 · 2 nights$35211
30 days out, Mon–Thu stayNov 30–Dec 3 · 3 nights$32911
30 days out, Fri–Sun stayDec 4–Dec 6 · 2 nights$31812
3 months out, Mon–Thu stayFeb 1–Feb 4 · 3 nights$39611
3 months out, Fri–Sun stayFeb 5–Feb 7 · 2 nights$34211
6 months out, Mon–Thu stayMay 3–May 6 · 3 nights$7418
6 months out, Fri–Sun stayMay 7–May 9 · 2 nights$35312
~11 months out, Mon–Thu staySep 20–Sep 23 · 3 nights$5178
~11 months out, Fri–Sun staySep 24–Sep 26 · 2 nights$3999

Captured Tue, Nov 3, 2026; the board's median uses the 30 days out, Mon–Thu stay.

Portfolio

14 hotels · 13 markets
SourceProperty schedule, 10-K as of Dec 31, 2025 sec.gov ↗

Reported performance

13 quarters · click a value for its filing
QuarterRevPARADROccupancy
Q2 2026$263.61 (source: All hotels · 8-K exhibit 99.1, filed Aug 6, 2026)$339.71 (source: All hotels · 8-K exhibit 99.1, filed Aug 6, 2026)77.6% (source: All hotels · 8-K exhibit 99.1, filed Aug 6, 2026)
Q1 2026$255.04 (source: All hotels · 8-K exhibit 99.1, filed May 5, 2026)$344.19 (source: All hotels · 8-K exhibit 99.1, filed May 5, 2026)74.1% (source: All hotels · 8-K exhibit 99.1, filed May 5, 2026)
Q4 2025$220.12 (source: All hotels · 8-K exhibit 99.1, filed Feb 27, 2026)$319.01 (source: All hotels · 8-K exhibit 99.1, filed Feb 27, 2026)69.0% (source: All hotels · 8-K exhibit 99.1, filed Feb 27, 2026)
Q3 2025$216.12 (source: All hotels · 8-K exhibit 99.1, filed Nov 7, 2025)$307.43 (source: All hotels · 8-K exhibit 99.1, filed Nov 7, 2025)70.3% (source: All hotels · 8-K exhibit 99.1, filed Nov 7, 2025)
Q2 2025$241.22 (source: All hotels · 8-K exhibit 99.1, filed Aug 6, 2025)$323.35 (source: All hotels · 8-K exhibit 99.1, filed Aug 6, 2025)74.6% (source: All hotels · 8-K exhibit 99.1, filed Aug 6, 2025)
Q1 2025$221.63 (source: All hotels · 8-K exhibit 99.1, filed May 6, 2025)$316.16 (source: All hotels · 8-K exhibit 99.1, filed May 6, 2025)70.1% (source: All hotels · 8-K exhibit 99.1, filed May 6, 2025)
Q4 2024$199.07 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 21, 2025)$304.85 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 21, 2025)65.3% (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 21, 2025)
Q3 2024$207.56 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 12, 2024)$301.69 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 12, 2024)68.8% (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 12, 2024)
Q2 2024$232.59 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 7, 2024)$322.60 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 7, 2024)72.1% (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 7, 2024)
Q1 2024$223.06 (source: Comparable hotels · 8-K exhibit 99.1, filed May 6, 2024)$325.16 (source: Comparable hotels · 8-K exhibit 99.1, filed May 6, 2024)68.6% (source: Comparable hotels · 8-K exhibit 99.1, filed May 6, 2024)
Q4 2023$206.58 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 23, 2024)$318.80 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 23, 2024)64.8% (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 23, 2024)
Q3 2023$222.54 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 7, 2023)$305.69 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 7, 2023)72.8% (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 7, 2023)
Q2 2023$245.91 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 4, 2023)$319.36 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 4, 2023)77.0% (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 4, 2023)

As reported in each quarter's filing, for the portfolio the REIT reports on that quarter (often a comparable set), so quarters are not always like-for-like.

Capital

Guidance, FY2026

as each release stated it
ReleaseAdj. EBITDAreAdj. FFO per shareRevPAR growth
Feb 27, 2026$225M to $250M$0.81 to $0.94+4.0% to +7.0%
May 5, 2026$238M to $252Mraised$0.88 to $0.96raised+5.0% to +7.5%raised
Aug 6, 2026$245M to $255Mraised$0.93 to $0.98raised+7.0% to +9.0%raised

Raised, lowered or maintained compares the midpoint with the previous release for the same year.

Debt maturities

SourceDebt maturity schedule, 10-K as of Dec 31, 2025 (filed Feb 27, 2026) sec.gov ↗

Share repurchases

Recorded transactions

No transactions recorded yet. This list is known to be incomplete for this REIT: deals disclosed only in other 8-K filings are not yet included. How this is built

Earnings calls

13 quarterly releases on file
upcoming

Next call: Fri, Nov 6, 2026, 12:00 p.m. ET

Results Fri, Nov 6, before market open.

Sourcecompany IR press release, announced Sep 18, 2026 sunstonehotels.com ↗
release filed Aug 6, 2026

Q2 2026 results

FY2026 guidance: Adj. EBITDAre $245M to $255M (raised) · Adj. FFO per share $0.93 to $0.98 (raised) · RevPAR growth +7.0% to +9.0% (raised)

Source8-K exhibit 99.1, filed Aug 6, 2026 sec.gov ↗
release filed May 5, 2026

Q1 2026 results

FY2026 guidance: Adj. EBITDAre $238M to $252M (raised) · Adj. FFO per share $0.88 to $0.96 (raised) · RevPAR growth +5.0% to +7.5% (raised)

Source8-K exhibit 99.1, filed May 5, 2026 sec.gov ↗
release filed Feb 27, 2026

Q4 2025 results

FY2025 guidance: Adj. EBITDAre $226M to $240M (maintained) · Adj. FFO per share $0.80 to $0.87 (maintained)

Source8-K exhibit 99.1, filed Feb 27, 2026 sec.gov ↗
release filed Nov 7, 2025

Q3 2025 results

FY2025 guidance: Adj. EBITDAre $226M to $240M (maintained) · Adj. FFO per share $0.80 to $0.87 (maintained)

Source8-K exhibit 99.1, filed Nov 7, 2025 sec.gov ↗
release filed Aug 6, 2025

Q2 2025 results

FY2025 guidance: Adj. EBITDAre $226M to $240M (lowered) · Adj. FFO per share $0.80 to $0.87 (lowered)

Source8-K exhibit 99.1, filed Aug 6, 2025 sec.gov ↗
release filed May 6, 2025

Q1 2025 results

FY2025 guidance: Adj. EBITDAre $235M to $260M (lowered) · Adj. FFO per share $0.82 to $0.94 (lowered)

Source8-K exhibit 99.1, filed May 6, 2025 sec.gov ↗
release filed Feb 21, 2025

Q4 2024 results

FY2025 guidance: Adj. EBITDAre $245M to $270M · Adj. FFO per share $0.86 to $0.98

Source8-K exhibit 99.1, filed Feb 21, 2025 sec.gov ↗
release filed Nov 12, 2024

Q3 2024 results

FY2024 guidance: Adj. EBITDAre $220M to $230M (lowered) · Adj. FFO per share $0.75 to $0.80 (lowered)

Source8-K exhibit 99.1, filed Nov 12, 2024 sec.gov ↗

Independent research; not affiliated with or endorsed by any REIT.

Sunstone Hotel Investors (SHO) · Bungah Capital Intel