A deal between Marriott International (NASDAQ: MAR) and Host Hotels & Resorts (NYSE: HST) to renovate several of Host’s flagship Marriott properties covers a total of 17 hotels and should increase both the owner’s and manager’s profits for the hotels, Marriott CEO Arne Sorenson said Tuesday. Host CEO Jim Risoleo told analysts Friday on its third quarter earnings call that the deal covered the renovation of the San Francisco Marriott Marquis that’s already underway, as well as the New York…
from https://www.bizjournals.com/baltimore/news/2018/11/07/host-hotels-to-renovate-17-properties-with.html?ana=RSS&s=article_search
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