BETHESDA, Md., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (HST), the nation’s largest lodging real estate investment trust, today provided an update on its hotel operations, including its preliminary top-line results for July and August 2020.1
Update on Third Quarter 2020 Business Trends
James F. Risoleo, President and Chief Executive Officer, said, “We remain focused on using the current environment as an opportunity to redefine our operating model in a way that strengthens our business and positions Host for the long term. We are working with our operators to drive occupancy and increase revenues, reduce costs without impacting the guest experience, and generate higher levels of profitability at lower levels of occupancy. We are confident the steps we are taking will drive value for Host and our stakeholders through the recovery and beyond.”
Bank of America Merrill Lynch 2020 Global Real Estate Virtual Conference
Host will participate at the Bank of America Merrill Lynch Global Real Estate 2020 Virtual Conference on Wednesday, September 16, 2020.
Updated Investor Presentation
For additional information on business performance, including preliminary July and August top-line results, please refer to the September 2020 investor presentation located in the investor section of the Company’s website (www.hosthotels.com).
