Host Hotels & Resorts, Inc. Announces The Sale OF The Four Seasons Hotel Atlanta

Published on : Saturday, November 23, 2013

Host Hotels & ResortsHost Hotels & Resorts, Inc.announced today that the Company sold the 244-room Four Seasons Hotel Atlanta and the associated office space for $62 million.  The proceeds will be used for general corporate purposes.

 

“We are excited to announce this transaction.  This sale continues to reduce our market presence in our non-target markets and brings our total dispositions since the beginning of last year to over $750 million,” said Struan B. Robertson, executive vice president and chief investment officer.

 

 

Source:- Host Hotels

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