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Sunstone Hotel Investors, Inc. (SHO) Q4 2024 Earnings Call Transcript

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Sunstone Hotel Investors, Inc. (NYSE:SHO) Q4 2024 Earnings Conference Call February 21, 2025 1:00 PM ET

Company Participants

Aaron Reyes – CFO
Bryan Giglia – CEO
Robert Springer – President and Chief Investment Officer

Conference Call Participants

Duane Pfennigwerth – Evercore ISI
Smedes Rose – Citi
Dori Kesten – Wells Fargo
Michael Bellisario – Baird
Chris Darling – Green Street
Chris Woronka – Deutsche Bank
Floris van Dijkum – Compass Point
Patrick Scholes – Truist Securities

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Fourth Quarter Earnings Call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. I would like to remind everyone that this conference is being recorded today, February 21, 2025, at 1:00 P.M. Eastern Time.

I will now turn the presentation over to Mr. Aaron Reyes, Chief Financial Officer. Please go ahead, sir.

Aaron Reyes

Thank you, operator. Before we begin, I would like to remind everyone that this call contains forward-looking statements that are subject to risks and uncertainties, including those described in our filings with the SEC, which could cause actual results to differ materially from those projected. We caution you to consider these factors in evaluating our forward-looking statements. We also note that the commentary on this call will contain non-GAAP financial information, including adjusted EBITDAre, adjusted FFO, and property-level adjusted EBITDAre. We are providing this information as a supplement to information prepared in accordance with Generally Accepted Accounting Principles. Additional details on our quarterly results have been provided in our earnings release and supplemental, which are available in the Investor Relations section of our website.

With us on the call today are Bryan Giglia, Chief Executive Officer; and Robert Springer, President

Read the full article here

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