Host Hotels’ Quarterly Results Surpass Expectations
Photo Credit: The Grand Hyatt Washington, a Host Hotel property. Hyatt Hotels
Skift Take
Host's portfolio includes brands from across most of the major chains, which means its earnings are an indication of the health of the U.S. domestic market as a whole.
Host Hotels & Resorts Inc. on Wednesday reported a key measure of profitability in its fourth quarter. The results surpassed Wall Street expectations.
The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $298 million, or 39 cents per share, in the period.
The aver
