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ALISO VIEJO, CA-Locally based Sunstone Hotel Investors Inc. recently held its Q3 earnings call, showing that improving demand trends led to a 7.6% improvement in the company’s comparable RevPAR. On the call, Ken Cruse, CEO said that the firm’s continued focus on property-level efficiencies helped drive a 220 basis point expansion of our Hotel EBITDA Margins.

“As a result, our Adjusted FFO per diluted share increased by more than 30% as compared to the third quarter 2012,” said Cruse. “As reflected in our updated 2013 outlook, we estimate that the recent federal government shutdown will have an isolated impact on our fourth quarter Adjusted EBITDA.”

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