Host Hotels & Resorts CEO on 3Q Quarterly Results

Host Hotels & Resorts raised its full-year outlook, including adjusted EBITDA and comparable hotel RevPAR growth. CEO and President Jim Risoleo discussed the acquisition of 1 Hotel Brooklyn Bridge, the fourth 1e Hotel in Host's portfolio. He cited its 2017 opening, lack of deferred capital expenditures, 175 rooms, meeting space, dining options and waterfront location overlooking Manhattan. He speaks with Romaine Bostick on "The Close."