Is it Prudent to Retain Host Hotels Stock in Your Portfolio Now?
Host Hotels & Resorts Inc. (HST) is expected to witness a stable operating environment due to a continuous improvement in the group business, a gradual recovery in business transient and steady leisure demand. This is likely to support its revenue growth. Also, a strategic capital-recycling program and a healthy balance sheet augur well. However, macroeconomic uncertainty and high interest rates are its concerns. What's Supporting Host Hotels? Solid dividend payouts are the biggest attraction for REIT inves ...