Sunstone Hotel Investors RevPAR Growth To Drop 125-150 Basis Points In 2024 Due To Labor Disruptions, Adjusted EBITDAre Decrease By $11M-$13M, Adjusted FFO Down $0.06 Per Share; $6M-$7M Loss From Q3 Disruptions
Sunstone Hotel Investors RevPAR Growth To Drop 125-150 Basis Points In 2024 Due To Labor Disruptions, Adjusted EBITDAre Decrease By $11M-$13M, Adjusted FFO Down $0.06 Per Share; $6M-$7M Loss From Q3 Disruptions
Based on the business that has been disrupted at the Hotel as a result of the labor activity, the Company anticipates that full-year 2024 total portfolio RevPAR growth will be 125 to 150 basis points lower, Adjusted EBITDAre will be $11 million to $13 million lower and Adjusted FFO Attributable to Common Stockholders per Diluted Share will be approximately $0.06 lower than the 2024 outlook as presented in the Company's second quarter earnings release. Approximately $6 million to $7 million of the total estimated Adjusted EBITDAre impact relates to business that was disrupted in the third quarter, with the remainder related to business that has been cancelled for the fourth quarter. The Company expects a portion of the group events that have been cancelled will be rebooked at the Hotel for a future period.
由於勞動活動造成酒店業務受到影響,公司預計全年2024年總組合RevPAR增長將比2024年展望中呈現的125至150點子低,調整後的EBITDAre將低1.1億至1.3億美元,每股攤薄的調整後的歸屬於普通股股東的FFO預計將比公司第二季度盈利發佈中呈現的2024年展望低約0.06美元。預計總估計調整後的EBITDAre影響中約有600萬至700萬美元與第三季度中斷的業務有關,其餘與已被取消的第四季度業務有關。公司預計一部分已取消的團體活動將在未來重新預訂酒店。
The estimated impact on the Company's prior full-year 2024 outlook is based only upon business that has been disrupted at the Hotel as a result of the labor activity and the Company expects to provide an updated 2024 outlook, including any changes in expectations for the remainder of its portfolio, as part of its third quarter earnings release on November 12, 2024.
公司先前全年2024年展望的估計影響僅基於勞動活動導致酒店業務受到影響,公司預計將在2024年11月12日的第三季度盈利發佈中提供更新的2024年展望,包括對其餘投資組合預期的任何變化。
譯文內容由第三人軟體翻譯。