Keyword: Host Hotels & Resorts
The lengthy project ended earlier this year after an overhaul to the lobby, restaurants, spa and golf clubhouse.
The company wants to divest three properties in Rio de Janeiro: the JW Marriott Hotel on Copacabana Beach as well as a Novotel and an Ibis.
The REIT is minimizing its stake in international assets to focus on domestic growth.
Marriott International will continue to manage the hotel on behalf of an affiliate of Walton Street Capital.
The new EVP at CHMWarnick has been tasked with creating a Washington, D.C., metro-area office for the hotel asset manager and business advisor.
An internal survey of the Hospitality Asset Managers Association shows rising uncertainty approaching 2019, mostly as a result of increased labor costs.
Despite the uptick in sales, the question remains: Is 2018 the year to buy or sell? Look to your market for the answer.
Host will acquire hotels in San Francisco, Hawaii and Florida for $1 billion by the end of the first quarter.
Host Hotels & Resorts is reportedly looking to sell a luxury Manhattan hotel to Capstone Equities and HEI Hotels & Resorts for $300,000 per key.
Host Hotels & Resorts owns the property, which officially joins the growing portfolio of more than 100 Luxury Collection hotels and resorts around the world.