Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares (SHO)
9.8700
+0.2100 (2.17%)
Sunstone Hotel Investors is a real estate investment trust (REIT) focused on the acquisition, ownership, and management of premium-branded hotels in top-tier markets across the United States
The company specializes in investing in high-quality properties that are operated by leading hotel brands, aiming to capitalize on the hospitality sector's demand for upscale accommodations. Through strategic investments and a commitment to enhancing property performance, Sunstone Hotel Investors seeks to generate value for its shareholders while providing exceptional guest experiences.
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Most of 2022 was bad for real estate investment trusts (REITs), particularly the hotel REIT subsector, as inflation, Federal Reserve rate hikes, hurricanes, airline delays and the threat of a recession provided headwinds for the group. Several hotel REITs lost as much as 40% to 50% of their value throughout the year.
