Sunstone Hotel Investors traded at $8.93 this Friday March 13th, decreasing $0.12 or 1.33 percent since the previous trading session. Looking back, over the last four weeks, Sunstone Hotel Investors lost 4.39 percent. Over the last 12 months, its price fell by 8.60 percent. Looking ahead, we forecast Sunstone Hotel Investors to be priced at 8.66 by the end of this quarter and at 7.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sunstone Hotel Investors Inc is a United States-based company. The Company operates as a self-managed and self-administered real estate investment trust (REIT). The Company owns urban, resort and destination upper upscale hotels, and the upper upscale segment of the lodging market. The Company operates through hotel ownership segment. Its hotels are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt. The Company's hotels are located in gateway markets, such as Boston, Chicago, Key West, Maui, New Orleans, Orlando, Portland, San Diego, San Francisco and Washington, District of Columbia (DC). Its portfolio primarily consists of upper upscale hotels located in convention, resort, destination and urban markets. The Company’s hotels are operated by third-party managers under long-term management agreements. Its third-party managers, included: subsidiaries of Marriott International, Inc. and managers of six of the Company’s hotels; Crestline Hotels & Resorts.