Host Hotels & Resorts, Inc. Announces the Closing of the Sale of the Westin New York Grand Central Hotel
Host Hotels & Resorts, Inc. (HST)
Last host hotels & resorts, inc. earnings: 2/19 04:31 pm
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Source: GlobeNewswire
BETHESDA, Md., Jan. 10, 2019 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NYSE: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced that it closed on the previously announced agreement to sell the Westin New York Grand Central hotel for $302 million, including approximately $20 million of FF&E funds. “We have been pleased with our continued execution of further reducing our exposure to New York, a key initiative set early on in my tenure as CEO. With the completion of this sale, we have sold 3 assets and the retail, signage, and theater condo space at the New York Marriott Marquis for $1.1 billion at very attractive pricing. We continue to strengthen our investment grade balance sheet and enhance our ability to make strategic investments that ultimately drive long-term value creation for our stockholders whether it is investing in our portfolio, acquiring assets, or buying back our stock,” said James F. Risoleo, President and Ch
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Earnings
- 2/21/24 - In-Line
HST
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- HST's page on the SEC website