BETHESDA, Md., Aug. 30, 2011 /PRNewswire/ -- Host Hotels &
Resorts, Inc. (NYSE: HST) today announces the promotion of
Tim Marvin to managing director,
Americas and the appointment of Rogerio
Miranda de Souza as senior vice president, acquisitions,
Brazil.
(Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO
)
Mr. Marvin joined Host in September
2010 as senior vice president, acquisitions and, during his
short tenure, has led company efforts to explore opportunities in
Latin America and made valuable
contributions to our acquisition efforts in the United States. In addition to continuing
Host's expansion in Latin America,
Mr. Marvin will oversee Host's new Brazil office, managed by Mr. Miranda de Souza, and will lead the acquisitions
team in North America. He will
continue to report to Jim Risoleo,
executive vice president and chief investment officer.
The company also announces the appointment of Rogerio Miranda de Souza as senior vice
president, acquisitions, Brazil.
Mr. Miranda de Souza joins Host from
Brazil Hospitality Group, where he directed mergers and
acquisitions and investor relations and led development of new
hotel ventures. At Host, Mr. Miranda de
Souza will lead efforts in-region, targeting investments in
luxury, upper-upscale and mid-market hotels throughout Latin America as well as the development of
mid-market and economic hotels in prime locations throughout
Brazil. He will report to
Tim Marvin, managing director,
Americas.
"Expanding into Latin America,
especially Brazil, represents a
tremendous opportunity for Host," said W.
Edward Walter, Host's president and chief executive officer.
"With Tim's extensive experience and leadership and Rogerio's
intimate knowledge and experience in Brazil and entrepreneurial spirit, we have a
powerful team to lead our activities in the region."
Mr. Marvin is based at Host's headquarters in Bethesda, Maryland and Mr. Miranda de Souza will be based in Rio de Janeiro, Brazil.
ABOUT HOST HOTELS
& RESORTS
Host Hotels & Resorts, Inc. is an S&P 500 and Fortune
500 company and is the largest lodging real estate investment trust
and one of the largest owners of luxury and upper-upscale hotels.
The Company currently owns 105 properties in the United States and 16 international
properties totaling approximately 65,000 rooms. The Company also
holds non-controlling interests in a joint venture in Europe that owns 12 hotels with approximately
3,800 rooms and a joint venture in India that is developing seven hotels in three
cities with approximately 1,800 rooms. Guided by a disciplined
approach to capital allocation and aggressive asset management, the
Company partners with premium brands such as Marriott®,
Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, Le Meridien®,
The Luxury Collection®, Hyatt®, Fairmont®, Four Seasons®, Hilton®,
Swissotel®, ibis®, Pullman® and Novotel®* in the operation of
properties in over 50 major markets worldwide. For additional
information, please visit the Company's website at
www.hosthotels.com.
* This press release contains registered trademarks that are the
exclusive property of their respective owners. None of the
owners of these trademarks has any responsibility or liability for
any information contained in this press release.
SOURCE Host Hotels & Resorts, Inc.