Host Hotels & Resorts is a lodging real estate investment trust company. Co. owns properties and conducts its operations through Host Hotels & Resorts, L.P.,...
Host Hotels & Resorts Inc., of Bethesda, a real estate investment trust that owns 124 hotels including Marriotts, Hyatts and Westins, said fourth-quarter profit more than doubled as the company added properties and demand for rooms lifted rates. Net income climbed to $196 million, or 36 cents a share, from...
Host Hotels & Resorts Inc., of Bethesda, a lodging real estate investment trust that owns upscale and luxury full-service hotel properties, announced that Christopher J. Nassetta has resigned as president and chief executive officer to become president and chief executive officer of Hilton Hotels Corp. Host Hotels also announced that...
Host Hotels & Resorts Inc., of Bethesda, a lodging real estate investment trust that owns 124 hotels including Marriotts, Hyatts and Westins, will replace Phoenix, Ariz.-based copper producer Phelps Dodge Corp. in the Standard & Poor's 500 Index, S&P said Monday in a statement posted on its Web site. The...
Host Hotels & Resorts Inc., of Bethesda, a lodging real estate investment trust that owns upscale and luxury full-service hotel properties, announced it acquired three properties in Brussels, Belgium, in a joint venture with Stichting Pensioenfonds ABP, the Dutch public employee pension fund, and an affiliate of GIC Real Estate...
Host Hotels & Resorts Inc., of Bethesda, formerly Host Marriott Corp., the nation's largest lodging real estate investment trust, reported first-quarter funds from operations of $111 million, or 27 cents per diluted share, on revenue of $848 million, versus FFO of $73 million, or 19 cents per diluted share, on...
Host Hotels & Resorts Inc., formerly Host Marriott Corp., of Bethesda, a national lodging real estate company, said it entered into an agreement to acquire The Westin Kierland Resort & Spa in Scottsdale, Ariz., for approximately $393 million, including the assumption of $135 million of existing debt. The 252-acre resort...
Host Hotels & Resorts Inc., of Bethesda, the nation's largest hotel real estate investment trust, posted improved funds from operations on increased room rates and higher sales driven by the acquisition of Starwood hotels. Third-quarter FFO grew to $152 million, or 28 cents per share, from $74 million, or 19...
Host Hotels & Resorts Inc., of Bethesda, a real estate investment trust that owns 124 hotels including Marriotts, Hyatts and Westins, said it will raise as much as $600 million selling securities to institutional investors to cut debt. Host Hotels said it is offering $550 million of debentures in a...
Rick Konrad submits: Exchange traded notes [ETN] are a fairly new investment product that share some characteristics of exchange-traded funds, or ETFs. They are simply direct debt obligations issued by a bank or investment firm rather than an interest in a pool of securities that define an ETF.A bank...
ASC Will Host a Dinner Reception on August 19th in Las Vegas at the Palms Hotel & Casino LOS ANGELES -- Elephant Talk Communications, Inc. (OTCBB:ETAK), an international telecom and multimedia content distributor, announced today that it was invited to attend the Noble Financial Group MadMax Conference to...
LONGMONT, Colo., July 29 /PRNewswire/ -- DigitalGlobe, a leading provider of high resolution satellite world imagery products and services, today announced the appointment of Judith McHale and Warren Jensen to the DigitalGlobe board of directors, effective immediately. Judith McHale most recently served as president and chief executive...
GREENBELT, Md. -- The Greenbelt Marriott Hotel announced today that they have been honored with the prestigious "Hotel of the Year" award for 2007 by Marriott International for outstanding results in "overall guest satisfaction," "overall associates' satisfaction," "most improved market share," and "owner relations excellence." The hotel...
ROCHESTER, N.H. -- BrandPartners Group, Inc., (OTC Bulletin Board: BPTR - News), hosted its seventh annual Spring Symposium June 2-3. The event also commemorated the company's 25th anniversary as a leader in the financial services industry, and examined customer experience trends in retail delivery, as more than...
NEW HARTFORD, N.Y. -- PAR Springer-Miller Systems, Inc. PSMS --- a wholly owned subsidiary of PAR Technology Corporation (NYSE:PTC) and the leading provider of guest-centric hospitality management systems - is pleased to announce that Visa[R] USA has confirmed the upcoming SMS|Host([R]) Hospitality Management Solution release as validated...
LAS VEGAS -- The Siegel Group Nevada, Inc., a Commercial Real Estate & Business Development Company and Great American Capital today announced that in partnership the two companies have completed the acquisition of the Deer Creek Apartments; a 330 unit apartment complex situated on approximately 6.68 acres...