Sunstone Hotel Investors Announces Tax Treatment of Its 2019 Dividends

IRVINE, Calif., Jan. 17, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2019 distributions to holders of the Company's common and preferred stock.

Security Description / CUSIP	Ticker Symbol	Record Date	Payable Date	Total Distribution Per Share	Ordinary Dividend	Total Capital Gain Distribution	Section 199A Dividend
Common / 867892101	SHO	3/29/2019	4/15/2019	$0.050000	$0.040920	$0.009080	$0.040920
Common / 867892101	SHO	6/28/2019	7/15/2019	$0.050000	$0.040920	$0.009080	$0.040920
Common / 867892101	SHO	9/30/2019	10/15/2019	$0.050000	$0.040920	$0.009080	$0.040920
Common / 867892101	SHO	12/31/2019	1/15/2020	$0.590000	$0.482855	$0.107145	$0.482855

Series E Preferred / 867892606	SHO/PRE	3/29/2019	4/15/2019	$0.434375	$0.355492	$0.078883	$0.355492
Series E Preferred / 867892606	SHO/PRE	6/28/2019	7/15/2019	$0.434375	$0.355492	$0.078883	$0.355492
Series E Preferred / 867892606	SHO/PRE	9/30/2019	10/15/2019	$0.434375	$0.355492	$0.078883	$0.355492
Series E Preferred / 867892606	SHO/PRE	12/31/2019	1/15/2020	$0.434375	$0.355492	$0.078883	$0.355492

Series F Preferred / 867892705	SHO/PRF	3/29/2019	4/15/2019	$0.403125	$0.329917	$0.073208	$0.329917
Series F Preferred / 867892705	SHO/PRF	6/28/2019	7/15/2019	$0.403125	$0.329917	$0.073208	$0.329917
Series F Preferred / 867892705	SHO/PRF	9/30/2019	10/15/2019	$0.403125	$0.329917	$0.073208	$0.329917
Series F Preferred / 867892705	SHO/PRF	12/31/2019	1/15/2020	$0.403125	$0.329917	$0.073208	$0.329917

For stockholders whose shares are held through a bank, broker or nominee, questions regarding the dividend should be directed to the applicable bank, broker or nominee. For registered stockholders, questions regarding the dividend should be directed to Sunstone's transfer agent: Shareholder Services at American Stock Transfer and Trust Company at (718) 921-8124 or toll free at 1-800-937-5449.

Shareholders are encouraged to consult with a personal tax advisor regarding their specific tax treatment of the Company's distributions.

About Sunstone Hotel Investors:
Sunstone Hotel Investors, Inc. is a real estate investment trust ("REIT") that invests in Long-Term Relevant Real Estate® within the hospitality sector. Sunstone's hotels are primarily in the urban and resort upper upscale segment and are predominantly operated under nationally recognized brands such as Marriott, Hilton and Hyatt. For further information, please visit Sunstone's website at www.sunstonehotels.com.

For Additional Information:
Bryan Giglia	Aaron Reyes
Chief Financial Officer	Vice President, Corporate Finance & Treasurer
Sunstone Hotel Investors, Inc.	Sunstone Hotel Investors, Inc.
(949) 382-3036	(949) 382-3018