Boston market will underperform, Host Hotels says

04/25/2011 | American City Business Journals

Host Hotels & Resorts says its Boston hotel market, a key driver behind the hotel chain's rebound in 2010 with an 11.6% increase in revenue per available room, is lagging the recovery. Hotel growth in the region may be affected by the forecast and by the credit analysis recently reported by Fitch Ratings that says Host's Boston hotels "are expected to underperform the portfolio in 2011 due to less citywide demand."

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