Host Hotels & Resorts | November 21, 2013
BETHESDA, Md., Nov. 21, 2013 — Host Hotels & Resorts, Inc. (NYSE: HST) announced today that the Company sold the 244-room Four Seasons Hotel Atlanta and the associated office space for $62 million. The proceeds will be used for general corporate purposes.
“We are excited to announce this transaction. This sale continues to reduce our market presence in our non-target markets and brings our total dispositions since the beginning of last year to over $750 million,” said Struan B. Robertson, executive vice president and chief investment officer.
