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Host Hotels & Resorts Inc announces sale of majority interest in The Philadelphia Marriott Downtown


Monday, 13 Jan 2014 08:30am EST 

Host Hotels & Resorts Inc:Says it has sold an 89 pct interest in the entity that owns the Philadelphia Marriott Downtown (the Hotel) based on a gross entity value of $303.4 mln.Says it retained an 11 pct interest in the joint venture with Clearview and funds managed by Oaktree Capital Management L.P. 

Company Quote

20.22
-0.11 -0.54%
21 May 2015