Sunstone Hotel Investors reports Q1 net income surge and raises 2026 outlook amid strong hotel performance.

Sunstone Hotel Investors announced a significant increase in net income to $16 million in Q1 2026, up from $1.3 million in Q1 2025, driven by a 14.6% rise in RevPAR and an 18.3% increase in adjusted EBITDA. The company repurchased $49.2 million of stock in 2026, aiming to enhance shareholder value amid improving market conditions. It also raised its full-year 2026 guidance, expecting higher net income, RevPAR growth, and adjusted FFO per share. Despite optimism, management remains cautious due to economic uncertainties.