• Strong finish for Host

Host Hotels increased revenues 6.5% in 2013, driven by occupancy and room rate growth. Revpar was up 5.8% for the full year, and 6.6% in the fourth quarter of the year.

During the year, Host sold the Four Seasons Atlanta for USD63m, generating a gain of USD11m. Since the year end, it has sold a majority stake in the Philadelphia Marriott Downtown and paid USD75m for the Powell Hotel in San Francisco.
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