)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Sunstone Hotel Investors (SHO) investor relations material
Sunstone Hotel Investors Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Third-quarter results were in line with expectations, with strong ancillary spend and cost controls offsetting softer room revenue growth and disruptions from the Napa Valley fire.
Owns 14 upper upscale and luxury hotels in key convention, urban, and resort markets, focusing on value creation through capital investment and asset management.
San Francisco led with over 15% RevPAR growth, offsetting weaker government and leisure demand elsewhere.
Group bookings and booking pace for 2026 are strong, especially in Orlando, Boston, Miami Beach, San Francisco, and Wine Country.
Portfolio changes in 2025 included the sale of Hilton New Orleans St. Charles and the reopening of Andaz Miami Beach after renovation.
Financial highlights
Q3 2025 total revenues increased 1.3% year-over-year to $229.3 million; nine-month revenues up 4.6% to $723.2 million.
Q3 2025 net income was $1.3 million, down 59.3% year-over-year; Adjusted EBITDAre was $50.1 million, down 6.6%; Adjusted FFO per diluted share was $0.17.
Q3 2025 RevPAR was $216.12 (up 2.0%); ADR was $307.43 (up 0.4%); occupancy was 70.3% (up 110 bps).
Cash and equivalents as of September 30, 2025, were $197.6 million; total debt was $930 million; total assets were $3.0 billion.
Share repurchases YTD: 11.4 million shares at $8.83 average, totaling $100.7 million.
Outlook and guidance
Full-year 2025 net income guidance: $14–$28 million; Adjusted EBITDAre: $156–$170 million; Adjusted FFO per diluted share: $0.80–$0.87.
Full-year RevPAR growth expected at 3.0%–5.0% (1.0%–3.0% excluding Andaz Miami Beach); Q4 expected to be the strongest for RevPAR growth.
Management expects continued pressure from inflation, tariffs, and potential recessionary trends, but believes current cash and credit capacity are sufficient.
Guidance reflects known government shutdown impacts; further disruptions or economic changes could affect outlook.
What is the outlook for large-scale transactions?
What are the key drivers for 2026 portfolio growth?
Capital allocation priorities given market conditions?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sunstone Hotel Investors earnings date
Q4 202520 Feb, 2026
Next Sunstone Hotel Investors earnings date
Q4 202520 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Sunstone Hotel Investors Inc is a real estate investment trust (REIT) that invests in upper upscale and luxury hotels primarily operated under nationally recognized brands. The company owns interests in hotel properties across major urban and resort markets in the United States, and its assets are typically managed by third-party hotel operators under long-term agreements. Sunstone Hotel Investors Inc is headquartered in Irvine, California, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage