Host Hotels & Resorts Inc.
Newport Beach Marriott Trades for $216M
Host Hotels & Resorts sold the 532-key luxury lodging destination in an off-market transaction orchestrated by CBRE Hotels.
Host Hotels & Resorts Amends $2.5B Credit Agreement
The REIT altered terms of its $1.5 billion revolving credit facility and two $500 million term loans to preserve liquidity and bolster flexibility at a challenging time for the hotel industry.
Hilton Appoints Global Head of LXR Hotels & Resorts
The new hire brings nearly 20 years of industry experience in the Asia-Pacific, the U.K. and the U.S. to the role.
Hospitality Sector Sees Sustainability as Key to Success
According to a new report by the Urban Land Institute, introducing green programs and features at hotels not only adds value to properties, it provides a competitive edge.
Starwood Capital, LeFrak Sell Miami Hotel for $610M
A new owner is on board at 1 Hotel South Beach, a landmark 429-key luxury property which underwent a multimillion-dollar transformation in 2015.
Host Hotels & Resorts Announces Two Major NYC Sales
The company sold the New York Marriott Marquis retail, theater and signage in a $442 million deal, as well as the W New York – Union Square, in a separate transaction.
Hyatt to Shed 3 Properties in $1B Deal
The sale of Grand Hyatt San Francisco and two resorts to Host Hotels is tied to the company’s sell-down and asset-recycling programs. Hyatt will continue to manage all three assets.