Hotel Technology Resource - Host Hotels News

A recent favorable bankruptcy court ruling paved the way for the acquisition of W Union Square, a premium luxury hotel in New York, by Host Hotels & Resorts Inc. (NYSE: HST), the largest lodging real estate investment trust (REIT) in the U.S. A bankruptcy petition was filed in March 2010 by a junior mezzanine lender alleging that the hotel owed ... - More

Total revenue was $823 million for the first quarter 2010, which was a decrease of 5% compared to 2009. - More

Total revenue decreased 16.8% to $1,331 million for the fourth quarter of 2009 compared to the same period in 2008 and decreased 19.1% to $4,158 million for full year 2009 compared to the full year 2008. - More

Total revenue decreased $227 million, or 19.9%, to $912 million for the third quarter and $719 million, or 20.2%, to $2,839 million for year-to-date 2009 as compared to last year. - More

Total revenue decreased $171 million, or 16.2%, to $882 million for the first quarter of 2009 compared to 2008. - More

Host Hotels & Resorts, Inc. (NYSE:HST) today announced that its Board of Directors declared a cash dividend of $0.5546875 per share on its Class E cumulative redeemable preferred stock for the first quarter of 2009. - More

Fitch Ratings has downgraded the following credit ratings of Host Hotels & Resorts, Inc. (NYSE:HST) and its operating partnership, Host Hotels & Resorts, L.P. (collectively, Host) - More

Total revenue decreased $157 million, or 8.7%, to $1,647 million for the fourth quarter and decreased $123 million, or 2.3%, to $5,288 million for full year 2008. - More

Company now expects that comparable hotel RevPAR, which includes the operations for 115 of the Company's 117 hotels, will decline 9% to 11% in the fourth quarter and will decline approximately 3% for the full year. - More

Host Hotels & Resorts, Inc. (NYSE:HST) today announced that its Board of Directors authorized a regular quarterly cash dividend of $0.20 per share on the Company's common stock. - More