Host hotels & resorts acquires four seasons resort and residences jackson hole

Bethesda, md., nov. 02, 2022 (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 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.
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