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SUNSTONE HOTEL INVESTORS ANNOUNCES EXPANSION OF BOARD OF DIRECTORS

  • Sunstone Hotel Investors, Inc. appointed Michael Barnello to its Board of Directors effective November 15, 2025.
  • The appointment brings the total number of directors on Sunstone's Board to nine.
  • Sunstone will nominate Mr. Barnello for election to the Board at the 2026 Annual Meeting of Stockholders.
  • Chairman Douglas M. Pasquale stated Barnello's lodging industry expertise will enhance the Company's commitment to maximizing shareholder value.
  • CEO Bryan A. Giglia expressed confidence in Barnello's unique perspective & success in the sector.
  • Michael Ching of Tarsadia Capital welcomed the appointment, noting confidence in Barnello's ability to add value to Sunstone's shareholders.
  • Mr. Barnello is a Founder & Managing Partner at Badlands Hotel Capital.
  • He previously served as President & CEO of LaSalle Hotel Properties from its 1998 IPO until its acquisition, overseeing 41 properties with approximately 10,400 guest rooms.
  • Prior to joining LaSalle in 1995, Mr. Barnello was Vice President with Strategic Realty Advisors.
  • Mr. Barnello holds a BS in Hotel Administration from Cornell University.
  • Sunstone Hotel Investors is a lodging REIT focused on acquiring, owning, & disposing of well-located hotel & resort real estate.
  • Tarsadia Capital is the New York-based investment management company of the Tarsadia Group, which has invested in hotels for over 40 years.
  • Aaron Reyes serves as Chief Financial Officer for Sunstone Hotel Investors, Inc.