Host Hotels & Resorts (HST) Tops Q2 EPS by 2c; Raises Outlook
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Host Hotels & Resorts, Inc. Raises Full-Year Forecast After Reporting Results for the Second Quarter 2018
August 7, 2018 4:30 PM EDTBETHESDA, Md., Aug. 07, 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 second quarter of 2018.
James F. Risoleo, President and Chief Executive Officer, said, We are again pleased to report operating results that meaningfully exceeded our expectations for the quarter, resulting in strong bottom-line performance and increased full-year guidance. Another quarter of record occupancy enabled our managers to drive room rate growth, which combined with strong food and beverage profitability and increased ancillary... More
