-SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2018
IRVINE, CA - Sunstone Hotel Investors, Inc. (the 'Company' or 'Sunstone') (NYSE: SHO), the owner of Long-Term Relevant Real Estate in the hospitality sector, today announced results for the third quarter ended September 30, 2018.
Third Quarter 2018 Operational Results (as compared to Third Quarter 2017):
Net income increased 436.2% to $ 91.6 million. Excluding the effect of the gain on the Hyatt Regency Newport Beach sold during the third quarter of 2018, net income would have increa...