Real estate investment trust Host Hotels & Resorts Inc. said Friday its fiscal third quarter results declined amid a difficult economic environment. Funds from operations fell nearly 18 percent to $173 million, or 31 cents per share, from $210 million, or 38 cents per share last year. Funds from operations, or FFO, which adds such items as amortization and depreciation back to net income, is considered a key measure of strength for real estate investment trusts because it provides a more accurate picture of cash performance.

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