<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE RELATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ON THE JOINT ANNUAL REPORT ON FORM 10K. </LEGEND> <CIK> 0000930600 <NAME> SUNSTONE HOTEL INVESTORS, INC. <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 2,022,000 <SECURITIES> 0 <RECEIVABLES> 5,758,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 119,762,000 <DEPRECIATION> (15,461,000) <TOTAL-ASSETS> 113,347,000 <CURRENT-LIABILITIES> 0 <BONDS> 20,783,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 109,000 <OTHER-SE> 79,685,000 <TOTAL-LIABILITY-AND-EQUITY> 113,347,000 <SALES> 0 <TOTAL-REVENUES> 10,548,000 <CGS> 0 <TOTAL-COSTS> 5,350,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,029,000 <INCOME-PRETAX> 4,169,000 <INCOME-TAX> 4,169,000 <INCOME-CONTINUING> 4,169,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,169,000 <EPS-PRIMARY> 0.59 <EPS-DILUTED> 0