Host Sees Opportunity to Acquire Outside Top 25 Markets

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Date

2021-02-19

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Journal ISSN

Volume Title

Publisher

Hotel News Now

Abstract

Host Hotels is in the process of taking their new business strategy of hotel acquisitions and possibly putting it to the test this upcoming quarter. Host is looking to acquire properties that are not within the top 25% of the market and lean on their reputable reputation to build their portfolio. As the COVID-19 vaccine continues to be rolled out, buyers are becoming more eager to absorb properties that they were previously apprehensive about purchasing.

Description

Keywords

COVID-19, Hotel Industry, Host Hotels, Acquisitions

Citation