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Hospitality Properties Trust (NASDAQ:HPT), which is in the reits business, and is based in United States, saw...
Trust Houses Ltd was a British hospitality company with temperance origins dating back to 1900. It maintained a distinctive ethos for much of the 20th century. In 1970, at which point it was operating almost 200 hotels, it merged with Forte Holdings Ltd to form Trust House Forte (THF), later the Forte Group.
Hersha Hospitality Trust is a real estate investment trust that invests in hotels. Named after its founder's wife, [ 2 ] it is organized in Maryland and its principal office is in Harrisburg, Pennsylvania .
After the company divested its non-hotel business and reorganized as a real estate investment trust in 1998, [7] it adopted its current name—Host Hotels & Resorts, Inc.—in 2006. [ 8 ] [ 9 ] On November 2, 2020, Host Hotels & Resorts switched its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market . [ 10 ]
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On June 2, 2017, the company sold the InnSuites Ontario California Hotel and Suites property for $17.5 million and repaid debt of $7.2 million. [ 7 ] In August 2018, the company sold IBC Hotels to OBASA Capital Investments for $250,000 and a promissory note in the amount of $2,750,000 with interest to be accrued at 3.75%.
Red Lion Hotels Corporation's roots can be traced back to Spokane, Washington in 1937 when the property management division of Washington Trust Bank, then known as The Washington Trust Company, was established and led by a man named Frank M. Goodale.