Host Hotels CEO Walter to Step Down

Host Hotels & Resorts, Inc. (NYSE: HST) announced Dec. 14 that W. Edward Walter will step down as president and CEO of the company at the end of the month.

Walter will be succeeded by James Risoleo, Host’s executive vice president and managing director of investments for the West Coast and Europe. Walter will remain with Host through the end of January to ensure a smooth transition, the company said.

Walter served as NAREIT chair in 2013.

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Sustainability’s Next Frontier is Improving Connectivity, Host Executive Says

Michael Chang, director of energy and sustainability at Host Hotels & Resorts, Inc. (NYSE: HST), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

An S&P 500 and Fortune 500 company, Host and is one of the largest owners of luxury hotels.  Host currently owns 94 properties in the United States and 13 properties internationally.

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Host Hotels CEO: International Business will Expand, but Remain Small Part of Overall Portfolio

W. Edward Walter, chairman and CEO of Host Hotels & Resorts (NYSE: HST), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Walter outlined the lodging REIT’s international strategy, noting that Host started to invest outside North America in 2006 when it acquired a portfolio of hotels from Starwood Hotels & Resorts Worldwide, Inc. under brand names that included Westin, Sheraton, W, St. Regis and The Luxury Collection.

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