Host Hotels & Resorts (HST) Tops Q1 FFO by 4c

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Host Hotels & Resorts, Inc. Raises Full Year Forecast After Reporting Strong Results for the First Quarter 2018

May 2, 2018 4:30 PM EDT

BETHESDA, Md., May 02, 2018 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NYSE: HST) (Host Hotels or the Company), the nations largest lodging real estate investment trust (REIT), today announced results for the first quarter of 2018.

James F. Risoleo, President and Chief Executive Officer, said, We are very pleased to meaningfully increase our full-year guidance due to operating results exceeding our expectations in the first quarter. The 50 basis point increase to the mid-point of our RevPAR guidance is expected to drive margin growth and reflects both the strong start to 2018 and our... More