Host Hotels 3Q Loss Widens Less Than Feared; Revpar Up | wsj.com

Host Hotels & Resorts Inc. (HST) posted a slightly wider fiscal third-quarter loss on charges, but results beat analysts' expectations as room rates continued to recover. The real-estate investment trust, with a portfolio leaning toward higher-priced hotels, has seen demand improve of late amid an uneven lodging sector recovery. It has been in acquisition mode, seeking bargains from the fallout of the battering the sector took during the...