Sunstone Hotel Investors Reports Q4 Earnings Beat

REIT sees strong performance in resorts and from new Andaz Miami Beach property

Published on Feb. 28, 2026

Sunstone Hotel Investors (NYSE:SHO), a real estate investment trust focused on upper-upscale and premium-branded hotels, reported fourth-quarter earnings that exceeded analyst expectations. The company saw total RevPAR (revenue per available room) increase 7.4%, led by strong performance at its resort properties and the successful launch of its new Andaz Miami Beach hotel.

Why it matters

Sunstone's results highlight the continued recovery in the hotel industry, particularly at resort destinations and with new premium-branded properties. As a REIT, Sunstone's performance is an important indicator of broader trends in the hospitality sector.

The details

Sunstone reported Q4 earnings of $0.20 per share, topping the consensus estimate of $0.18. Revenue for the quarter came in at $236.97 million, above the $226.18 million expected by analysts. The company saw total RevPAR increase 7.4%, including a 12.5% jump at its Andaz Miami Beach property. Sunstone's resort hotels, led by the Wailea Beach Resort in Maui, were also strong performers in the quarter.

  • Sunstone Hotel Investors reported its Q4 2025 earnings results on Friday, February 28, 2026.

The players

Sunstone Hotel Investors

A real estate investment trust (REIT) focused on acquiring, owning and asset-managing upper-upscale extended-stay and premium-branded hotel properties in the United States.

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What’s next

Sunstone Hotel Investors plans to continue its capital recycling strategy, pursuing disciplined dispositions while investing in renovations at properties like the Andaz, Wailea, San Diego, and San Antonio to drive long-term net asset value and earnings growth.

The takeaway

Sunstone's strong Q4 results and positive 2026 outlook demonstrate the resilience of the hotel industry, particularly at resort destinations and with premium-branded properties. The company's focus on capital allocation and asset optimization positions it well to navigate the evolving hospitality landscape.