Sunstone Hotel Investors, Inc. (NYSE:SHO) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET
Company Participants
Aaron Reyes - Chief Financial Officer
Bryan Giglia - Chief Executive Officer
Robert Springer - President and Chief Investment Officer
Chris Ostapovicz - Chief Operating Officer
Conference Call Participants
Michael Bellisario - Baird
Dori Kesten - Wells Fargo
Duane Pfennigwerth - Evercore ISI
Smedes Rose - Citi
David Katz - Jefferies
Chris Darling - Green Street
Chris Woronka - Deutsche Bank
Floris Van Dijkum - Compass Point
Operator
Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Sunstone Hotel Investors Second Quarter 2024 Earnings Call.
At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. I would like to remind everyone that this conference is being recorded today, August 07, 2024, at 12:00 p.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 property level 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; Robert Springer, President and Chief Investment Officer and Chris Ostapovicz, Chief Operating Officer.
Bryan will start us off with some highlights from our second quarter, including commentary on operations and recent trends. Afterward, Robert will discuss our capital investment activity and finally, I will provide a summary of our second quarter earnings results and share the details of our updated outlook for 2024. After our remarks, the team will be available to answer your questions.
With that, I would like to turn the call over to Bryan. Please go ahead.