REIT – Hotel/Motel

(HST) Host Hotels Could Sell 40 Million Shares

Host Hotels & Resorts (HST), a premier luxury and upscale property owner, recently announced plans to sell up to $400 million worth of common shares to increase its liquidity and repay debt.

Based on the current share price, the company could sell nearly 40 million shares....

24Aug2009 | | 0 comments | Continued