Top Hotels Stories
Crestline Reports Q3 Earnings 38% Below Year Ago Results
By Marlon MillnerBETHESDA, MD-The earnings for this real estate investment trust are before interest expense, taxes, depreciation and amortization. Crestline was particularly hurt by selling some Host Marriott hotel leases at the beginning of the year, which had generated over $120 million of after-tax proceeds.
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