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TYSONS, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) announced that it has entered into a definitive agreement with affiliates of Sunstone Hotel Investors, Inc. (“Sunstone”) (NYSE:SHO) for Park to sell its 25% interest ...
SUNSTONE HOTEL INVESTORS TO ACQUIRE THE REMAINING 25% JOINT VENTURE INTEREST IN HILTON SAN DIEGO BAYFRONT FROM PARK HOTELS & RESORTS SUNSTONE HOTEL INVESTORS TO ACQUIRE THE REMAINING 25% JOINT VENTURE INTEREST IN HILTON SAN DIEGO BAYFRONT FROM PARK HOTELS & RESORTS P...
Sunstone Hotel Investors, Inc. (SHO) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Doug Pasquale - Executive Chairman Bryan Giglia - Chief Executive Officer Robert Springer - President & Chief Investment Officer Confere...
Image source: The Motley Fool. Sunstone Hotel Investors (NYSE: SHO) Q1 2022 Earnings Call May 05, 2022 , 12:00 p.m. ET Operator Continue reading For further details see: Sunstone Hotel Investors (SHO) Q1 2022 Earnings Call Transcript
Sunstone Hotel Investors (NYSE:SHO) said Wednesday it will acquire the 339-room The Confidante Miami Beach for $232M, or $684K per key, from an affiliate of Hyatt Hotels. The purchase price represents a 17.3x multiple on 2022 forecasted hotel EBITDA and a 5% cap rate on 2022 forecasted hotel ...
SUNSTONE HOTEL INVESTORS TO ACQUIRE THE CONFIDANTE MIAMI BEACH AND REPOSITION AS ANDAZ MIAMI BEACH PR Newswire IRVINE, Calif. , May 4, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Re...
SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2022 PR Newswire IRVINE, Calif. , May 4, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lod...
Park Hotels & Resorts has seen some impressive results lately, especially in early 2022. Occupancy rates are on the rise and its revenue and cash flow picture continues to improve as a result. PK stock still makes for an attractive opportunity for investors to explore since th...
Business travel has been a persistent sore spot for hotels and airlines throughout the pandemic. However, Baird is now betting that the trend is beginning to turn as travel emerges from a long COVID-induced winter. “Large technology, financial services firms have begun their return to ...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy outperformed in the first quarter, driven by...
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2024-07-09 18:30:02 ET Wolfe Research analyst issues OUTPERFORM recommendation for SHO on July 9, 2024 04:30PM ET. SHO was trading at $10.15 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Current analyst recommendations are : 1 - Hold, 1 - ...
2024-07-09 18:00:05 ET Keegan Carl from Wolfe Research issued a price target of $12.00 for SHO on 2024-07-09 16:30:00. The adjusted price target was set to $12.00. At the time of the announcement, SHO was trading at $10.15. The overall price target consensus is at $10.90...
SUNSTONE HOTEL INVESTORS SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL PR Newswire ALISO VIEJO, Calif. , June 24, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report fina...