BETHESDA, Md. AP - Host Hotels
July 16, 2008 at 12:00 AM
1 minute read
BETHESDA, Md. AP – Host Hotels & Resorts Inc., the largest U.S. hotel real estate investment trust, said Wednesday that its second-quarter results rose 16.7 percent on strong room rates, beating Wall Street expectations.
Funds from operations were 56 cents per share for the three months ended June 13. In the year-ago period, Host reported FFO of 48 cents per share, including costs of 8 cents per share associated with debt refinancing.
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