Five more hotels in Europe for Host Hotels
Posted on December 03, 2012 at 11:11 AM EST
Bethesda-based Host Hotels & Resorts Inc. has gained a stake in five European hotels for about $707 million dollars. Host (NYSE: HST) said in statement Monday that a fund of the company's joint venture in Europe acquired the five hotels from Whitehall comprising 1,733 rooms in two countries. Host holds a one-third interest in the venture.
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