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External Article General Management

Host Hotels profit more than doubles...

Host Hotels & Resorts Inc.'s second-quarter earnings surged as the lodging real-estate investment trust benefited from hotel acquisitions and higher average-room rates. Funds from operations--a key measure of REIT performance--and revenue were slightly higher than analysts' expectations.

Host
United States
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General Management General Management USA & Canada United States
Host
Investment Company

Host Hotels & Resorts, Inc., is an S&P 500 and Fortune 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 104 properties in the United States and 16 properties internationally totaling approximately 64,300 rooms. The Company also holds non-controlling interests in a joint venture in Europe that owns 13 hotels with approximately 4,200...