Industry Update
External Article28 June 2018

Host Hotels Weighs $2 Billion Hotel-Portfolio Sale

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Host Hotels & Resorts Inc. is weighing a sale of a large portfolio of non-core hotels, according to people with knowledge of the matter.

The Bethesda, Maryland-based real estate investment trust has interviewed advisers regarding the portfolio sale, said the people, who asked not to be identified because the matter is private. While specifics on what properties would be included in the portfolio aren't yet final, the total value may exceed $2 billion, the people said. A Host representative declined to comment.

Read the full article at Bloomberg