• Host adds Berlin

Host Hotels has announced a trio of deals. Purchases in Berlin and Miami combine with a sale of the Tampa Marriott Waterside, which has returned USD199m to the company.

Via its European joint venture, the company has paid EUR81m for a 90% interest in the Grand Hotel Esplanade in Berlin. With minority partner and hotel operator Event, Host plans a rebranding under an international flag.
Read the full story here:
http://ir.hosthotels.com/phoenix.zhtml?c=60734&p=irol-newsArticle_print&ID=1974263
 
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