12:07 PM EST, 01/22/2025 (MT Newswires) -- Host Hotels & Resorts ( HST ) is planning to sell a portfolio of 10 hotel properties for over $1 billion, Bloomberg reported Wednesday, citing a person familiar with the effort.

The company is working with an adviser and has invited potential buyers to bid on properties including the Grand Hyatt San Francisco, W Seattle and the Coronado Island Marriot in California, the person reportedly said.

Host Hotels did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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