Sunstone Hotel Investors, Inc. (NYSE:SHO) Q1 2025 Earnings Conference Call May 6, 2025 10:30 AM ET
Company Participants
Aaron Reyes – CFO & EVP
Bryan Giglia – CEO & Director
Robert Springer – President & Chief Investment Officer
Conference Call Participants
David Katz – Jefferies
Dany Asad – Bank of America Merrill Lynch
Duane Pfennigwerth – Evercore ISI
Michael Bellisario – Baird
Smedes Rose – Citi
Chris Woronka – Deutsche Bank
Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors First Quarter 2025 Earnings Call. [Operator Instructions] I would like to remind everyone that this conference is being recorded today, May 6, 2025, at 10:30 a.m. Eastern Time. I will now turn the presentation over to Mr. Aaron Reyes, Chief Financial Officer. Please go ahead, sir.
Aaron Reyes
Thank you, Operator. 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 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 the commentary on this call will contain non-GAAP financial information, including adjusted EBITDAre, adjusted FFO and hotel adjusted EBITDAre.
We are providing this information as a supplement to information prepared in accordance with generally accepted accounting principles. Additional details on our quarterly results have been provided in our earnings release and supplemental, which are available in the Investor Relations section of our website. With us on the call today are Bryan Giglia, Chief Executive Officer; and Robert Springer, President and Chief Investment Officer. Bryan will start us off by providing some commentary on recent developments and our first quarter operations. Afterwards, Robert will discuss our capital investment activity. And finally, I will review
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