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Host Hotels & Resorts Acquires Four Seasons Resort And Residences Jackson Hole

PUBLIC · HSTNov 02, 2022

Acquiring Company

Host Hotels & Resorts

Acquired Company

Four Seasons

BethesdaReal Estate

Description

Host Hotels & Resorts, Inc. (NASDAQ: HST) (“Host” or the “Company”), the nation's largest lodging real estate investment trust today announced that it has acquired the fee simple interest in the Four Seasons Resort and Residences Jackson Hole (the “Resort”), a 125-room luxury resort in Jackson Hole, Wyoming, for approximately $315 million in cash. The acquisition price represents a 13.6x EBITDA multiple or a cap rate of approximately 6.6% on the Resort’s 2022 estimated results.

Quick answer

Host Hotels & Resorts is acquiring Four Seasons, announced November 2, 2022. Host Hotels & Resorts is based in Bethesda, Maryland, United States.

How much did Host Hotels & Resorts pay for Four Seasons?
The deal value was not disclosed.
What does Host Hotels & Resorts do?
Host Hotels & Resorts, Inc. is a Maryland-based real estate investment trust (REIT) focused on the ownership, acquisition, and redevelopment of high-quality hotel properties.
Where are Host Hotels & Resorts and Four Seasons based?
Host Hotels & Resorts is based in Bethesda, Maryland, United States.
Who are the decision-makers at Host Hotels & Resorts?
Fundz holds 1 contact at Host Hotels & Resorts. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Host Hotels & Resorts

Location

Bethesda, Maryland, United States

About

Host Hotels & Resorts, Inc. is a Maryland-based real estate investment trust (REIT) focused on the ownership, acquisition, and redevelopment of high-quality hotel properties. The company primarily operates in the hospitality industry, managing a portfolio that includes upscale and luxury hotels in key markets across the United States and internationally. Its primary business activities involve leasing and operating a diverse array of hotels with emphasis on maximizing cash flow and enhancing operational efficiencies. Host Hotels serves travelers and customers by offering premium accommodations through well-known hospitality brands in strategic urban, airport, and resort destinations. The company is recognized for its strategic focus on sustainability and enhancing the guest experience, indicative of recent trends in the hospitality sector.

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Frequently asked

Who acquired Four Seasons?

Four Seasons was acquired by Host Hotels & Resorts, based in Bethesda. The deal was reported on November 2, 2022. Host Hotels & Resorts, Inc. is a Maryland-based real estate investment trust (REIT) focused on the ownership, acquisition, and redevelopment of high-quality hotel properties. Host Hotels & Resorts is publicly traded (HST) and operates in Real Estate.

When did Host Hotels & Resorts acquire Four Seasons?

Host Hotels & Resorts's acquisition of Four Seasons was reported on November 2, 2022. Host Hotels & Resorts, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Four Seasons do?

Four Seasons is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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