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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

   
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     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


      DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):  February 6, 1998
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                         COMMISSION FILE NUMBER 0-26304


                         SUNSTONE HOTEL INVESTORS, INC.

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             (Exact name of registrant as specified in its charter)


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                                    MARYLAND
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                        (State or Other Jurisdiction of
                         Incorporation or Organization)


         0-26304                                            52-1891908
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   (Commission File No. )                               (I.R.S. Employer
                                                        Identification No.)


115 CALLE DE INDUSTRIAS, SUITE 201, SAN CLEMENTE, CA            92672
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      (Address of Principal Executive Offices)               (Zip Code)


                                 (714) 361-3900
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              (Registrant's Telephone Number, Including Area Code)


                                 NOT APPLICABLE
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         (former name or former address, if changed since last report)


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        This Current Report is being filed for the sole purpose of incorporating
the exhibits filed herewith by reference into the Registration Statement on Form
S-3 (File No. 333-34377) of Sunstone Hotel Investors, Inc. These exhibits
include the Underwriting Agreement (Exhibit 1.1 to the Registration Statement)
and the Opinion of Brobeck, Phleger & Harrison LLP as to tax matters (Exhibit
8.1 to the Registration Statement). These exhibits are deemed incorporated into
the Registration Statement as of the date hereof.

Item 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (c)    Exhibits

                1.1       Underwriting Agreement
 
                8.1       Opinion of Brobeck, Phleger & Harrison LLP as to tax
                          matters


                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        SUNSTONE HOTEL INVESTORS, INC.

Date: February 6, 1998                 By:  /s/ KENNETH J. BIEHL,
                                                 Chief Financial Officer
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                                                 Kenneth J. Biehl,
                                                 Chief Financial Officer