Host Hotels (HST) is set to acquire Turtle Bay Resort for $680 million to further expand and diversify its strong presence in Hawaii.
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Host intends to flag the hotel with The Ritz-Carlton brand at closingBETHESDA, Md., May 29, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (“Host” or the “Company”), the nation’s largest lodging real estate investment trust, today announced that it entered into an agreement to acquire the fee simple interest in the 450-room Turtle Bay Resort (the “Resort,”) on the North Shore of Oahu, Hawaii, including a 49-acre land parcel entitled for development, (the “Land Parcel”) for ap