Sunstone Hotel Investors Inc (NYSE:SHO)
$ 10.4 0.18 (1.76%) Market Cap: 2.11 Bil Enterprise Value: 3.03 Bil PE Ratio: 12.68 PB Ratio: 1.12 GF Score: 72/100

Q1 2023 Sunstone Hotel Investors Inc Earnings Call Transcript

May 05, 2023 / 04:00PM GMT
Release Date Price: $10.22 (+2.82%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors First Quarter 2023 Earnings Call. (Operator Instructions) I would like to remind everyone that this conference is being recorded today, May 5, 2023 at 12 p.m. Eastern Time.

I will now turn the presentation over to Mr. Aaron Reyes, Chief Financial Officer. Please go ahead, sir.

Aaron R. Reyes
Sunstone Hotel Investors, Inc. - CFO & Senior VP

Thank you, operator, and good morning, everyone. Before we begin, I would like to remind everyone that this call contains forward-looking statements that are subject to risks and uncertainties, including those described in our prospectuses, 10-Qs, 10-Ks and other filings with the SEC, which could cause actual results to differ materially from those projected. We caution you to consider these factors in evaluating our forward-looking statements. We also note that this call may contain non-GAAP financial information, including adjusted EBITDAre, adjusted FFO and property level adjusted EBITDAre. We are

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