Sunstone Hotel Investors, Inc. - 8-K Filing
Sunstone Hotel Investors reported Q1 2026 Adjusted EBITDAre of $68 million (+18% YoY) and Adjusted FFO per share of $0.27 (+29% YoY), leading to an upward revision in full-year guidance. The company repurchased $40 million of common stock at $9.24/share (a discount to NAV estimates) and $26 million of preferred stock at nearly 20% below liquidation value, while also disclosing progress on the Andaz Miami Beach renovation which generated $6.5 million in Q1 EBITDA.
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