Sunstone Hotel Investors: Still A Hold Despite Raised GuidanceSunstone Hotel Investors delivered strong Q2 2026 results, beating expectations and raising full-year guidance for the second consecutive quarter. SHO improved its balance sheet, reducing net debt plus preferred equity to EBITDA to 3.6x, and enhanced liquidity with $930 million available. Portfolio concentration risk has increased, with Andaz Miami Beach now a larger earnings driver after the Hyatt Regency San Francisco sale.
Seeking Alpha9/2/2026Neutral