Host Hotels posts strong 4Q, year
Spurred by higher room rates and occupancy rates, Bethesda-based Host Hotels & Resorts Inc. announced strong operating results Wednesday for the fourth quarter of 2013 and the year as a whole.
Thayer Lodging buys San Francisco Ritz-Carlton
Host Hotels & Resorts, of Bethesda, a real estate investment trust focused on luxury and upper-scale hotels, announced the sale of the 336-room Ritz-Carlton, San Francisco for approximately $161 million.
Host Hotels CFO Harvey stepping down from post
BETHESDA — Host Hotels & Resorts’ chief financial officer, Larry Harvey, is stepping down from his post. Harvey, who will continue as an executive vice president until the third quarter, will hand over CFO responsibilities to Gregory Larson. Harvey had served as CFO since 2007. Larson, who has worked at Host Hotels since 1993, is […]
Host Hotels beats Wall Street forecast
Host Hotels & Resorts posted a strong first-quarter performance on a sustained increase in room rates.
Host Hotels & Resorts 3Q FFO improves, rates climb
BETHESDA — Room rates continued to climb during Host Hotels & Resorts’ third quarter and occupancy improved as the lodging real estate investment trust’s funds from operations climbed 12 percent. Funds from operations rose to $127 million, or 17 cents per share, for the period ended Sept. 7. That’s up from $113 million, or 16 […]
Real Estate Weekly – 7/27/12
Mahan Rykiel creates plan for Children’s Inn playground Mahan Rykiel Associates Inc., a Baltimore-based landscape architecture, urban design and planning firm, designed a new playground/park for children seeking treatment at the National Institutes of Health campus in Bethesda. The first phase of the Children’s Inn playground was completed Monday by more than 150 volunteers from […]
Host Hotels & Resorts 3rd-quarter FFO improves
BETHESDA — Host Hotels & Resorts Inc. said Wednesday that its third-quarter funds from operations improved because room rates climbed and occupancy improved. But the Bethesda-based lodging real estate investment trust lowered its full-year funds from operations forecast because of debt extinguishment costs and other charges. Host reported that funds from operations, or FFO, climbed […[...]
Host Hotels 4th-quarter FFO grows 57 percent
BETHESDA — Real estate investment trust Host Hotels & Resorts Inc. said Tuesday its funds from operations climbed 57 percent in the fourth quarter on greater revenue from the hotels it owns, including greater food, room and beverage revenue. Host said its funds from operations rose to $177 million, or 26 cents per share, in […]
Host Hotels & Resorts 3rd-quarter FFO improves
BETHESDA — Host Hotels & Resorts Inc.’s third-quarter funds from operations improved as its room and food and beverage revenue increased. The lodging real estate investment trust said Wednesday that funds from operations rose to $75 million, or 11 cents per share, for the period ended Sept. 10 from $66 million, or 11 cents per […]