Business Context and Reporting Period
Company: Sunstone Hotel Investors, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 23, 2024
Reporting Period: Fourth quarter and full year ended December 31, 2023.
This filing serves as a notification that the Company issued a press release regarding its financial results for the specified period. The detailed financial data is contained in the attached exhibits (Exhibit 99.1 and 99.2) and is available on the Company's website.
Key Financial Metrics
The provided text is a cover sheet for the 8-K filing and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being included in the attached press release and supplemental financial information but are not present in the source text provided.
Material Changes
The filing text does not provide specific details regarding material changes versus prior periods. It only confirms the issuance of results for the fourth quarter and year ended December 31, 2023.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release containing management commentary and supplemental financial information.
Legal Disclaimer: The information furnished pursuant to Item 2.02, including the attached exhibits, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any other filings under the Securities Act or Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, net income, and FFO figures for Q4 and FY 2023.
- Examine Exhibit 99.2 (Supplemental Financial Information) for detailed occupancy rates, average daily rates (ADR), and RevPAR data.
- Verify the Company's liquidity position and debt maturity schedule in the supplemental materials.
- Check the Company's website (www.sunstonehotels.com) for the full text of the press release and any updated guidance.