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Sunstone Hotel Investors shared its third-quarter results, showing an 11.4% rise in revenue per room and an 18% profit increase.

ResultsRead the original at Benzinga
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Sunstone’s room revenue per available room rose 11.4%, excluding Andaz Miami Beach, and its adjusted operating profit measure grew 9%. Repurchases used cash, but the company reported $237 million in unrestricted cash, and strong hotel results support a positive reading.

SHO · Sunstone Hotel Investors

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The gains came from both resorts and city hotels, showing strength across different parts of Sunstone’s business. Stock repurchases also helped lift funds from operations per share. Those purchases used cash, but Sunstone reported $237 million in unrestricted cash and full access to its credit line. Its 2026 forecast calls for room revenue per available room to grow 9.5% to 10.5%.

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