Business Travel DemandManagement highlighted positive trends for its urban and convention hotels and growing demand for business travel in several markets.
Growth DriversAsset- and market-specific growth drivers are expected to lead to relative outperformance versus peers, supporting a premium valuation multiple for SHO shares.
Share RepurchaseSunstone Hotel Investors repurchased 2.3 million shares in the third quarter, demonstrating a commitment to returning value to shareholders.