This hospitality REIT, known for its upscale hotel portfolio, reported a notable insider sale after more than two years of holding steady.
1 Day SHO -0.84% DJIA -0.01% S&P Mid Cap 400 -0.03% Real Estate/Construction 0.45% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...
SHO is set to sell the Hyatt Regency San Francisco to a Blackstone fund for $279M as it redeploys proceeds through share buybacks and weighs further uses.
The board of Sunstone Hotel Investors Inc. (NYSE: SHO) has received a letter from shareholder Tarsadia Capital LLC urging the hospitality firm to pursue a sale or liquidation of assets. Tarsadia, an ...
The agreed price equates to 21.4× hotel adjusted EBITDAre and a 3.5% cap rate on hotel net operating income.