Host Hotels & Resorts (HST) Tops Q3 FFO by 2c

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Host Hotels & Resorts, Inc. Reports Results for the Third Quarter 2015 and the Authorization of an Additional $500 Million Share Repurchase Program

October 29, 2015 6:01 AM EDT

BETHESDA, Md., Oct. 29, 2015 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NYSE: HST), the nations largest lodging real estate investment trust (REIT), today announced results of operations for the third quarter of 2015.

We delivered solid results in the third quarter and remain committed to our long-term strategic goal of generating superior returns for our stockholders by driving excellent operating performance, refining our strategy to adapt to changes in the lodging industry, selectively divesting assets and making well-considered, value-enhancing investments for continued growth, said W. Edward Walter, President and Chief Executive Officer. Although we... More