Sunstone Hotel Q2 revenue beats on strong leisure demand, lifts 2026 outlook
SHO•Management comments and key figures
CEO Bryan A. Giglia said increased summer travel and special events boosted leisure demand and contributed to higher revenue and profitability.
He also said sustained strength in group and corporate demand supported portfolio performance, and that the Hyatt Regency San Francisco sale and stock repurchases are expected to deliver shareholder value.
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 Revenue | $277.11 million | $268.28 million |
| Q2 Net Income | $26 million | |
| Q2 Adjusted FFO | $59 million | |
| Q2 Adjusted FFO Per Share | $0.32 | |
| Q2 RevPAR | $263.61 |
Q2 revenue beats on leisure and group demand
Sunstone Hotel Investors said second-quarter revenue beat analyst expectations, driven by strong leisure and group demand.
Adjusted FFO per share for the quarter rose 14% year over year.
The company also completed the sale of Hyatt Regency San Francisco and repurchased common and preferred stock.
2026 outlook raised
The company raised its 2026 net income outlook to $79 million-$89 million from $68 million-$82 million.
