Sunstone Hotel Investors Reports Third Quarter EPS of $.19

Sunstone Hotel Investors, Inc. SHO today announced results for the third quarter ended September 30, 2010.

Third Quarter 2010 Operational Results:

• Total revenue was $177.7 million.
• Comparable Portfolio RevPAR was $108.07.
• Income available to common stockholders was $18.3 million.
• Income available to common stockholders per diluted share was $0.19.
• Adjusted EBITDA was $38.9 million.
• Pro forma Adjusted EBITDA was $34.5 million.
• Adjusted FFO available to common stockholders was $13.7 million.
• Adjusted FFO available to common stockholders per diluted share was $0.14.
• Comparable Portfolio hotel EBITDA margin was 24.2%.