Host Hotels & Resorts Purchases Leasehold Interest In Hotel Brooklyn Bridge For $202M In Cash; Acquires Fee Simple Interest In Renaissance Dallas At Plano Legacy West Hotel For ~$172M In Cash
Host Hotels & Resorts, Inc. (NASDAQ: HST) (the "Company"), the nation’s largest lodging real estate investment trust, today announced that it has acquired the leasehold interest in the 195-room 1 Hotel
Host Hotels bought two hotel properties for about $374 million total. When a big hotel company buys more hotels, watch if guests fill the rooms and if the company makes good money from them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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