Thursday October 11th, 2012 - 12:19AM
BETHESDA, MD–Third-quarter 2012 RevPAR for Host Hotels & Resorts, the nation's largest lodging REIT, increased 7.6%, compared to the same quarter in 2011.
In October, the company converted the former, 774-room New York Helmsley Hotel, which it acquired in early-2011, to the Westin New York Grand Central. In anticipation of the conversion, the company completed extensive renovations of the property.
Host owns 104 hotels in the United States and 16 internationally.