Reuters - Host Marriott Corp. , the largest U.S. hotel real estate investment trust, on Thursday reported higher fourth-quarter profit as strong demand and limited growth in supply allowed the industry to raise room rates.

Ayinde O. Chase - All Headline News Staff Writer San Francisco, CA (AHN) – The real estate market is booming in certain parts of the country. However, some areas in California are seeing staggering values in luxury home pricing. Luxury home values rose to all-time highs in Los Angeles,...

Reuters - U.S. hotel real estate investment trust MeriStar Hospitality Corp. said on Tuesday it had agreed to be bought by private equity firm The Blackstone Group for about $2.6 billion.

Reuters - The Nikkei rose 2.96 percent to post its biggest one-day percentage gain in three weeks on Tuesday as property shares such as Sumitomo Realty & Development Co. Ltd. (8830.T) rose on a report pointing to a rise in rents in central Tokyo.

Reuters - Travel, lodging and real estate services company Cendant Corp. posted net profit on Monday of $537 million in the fourth quarter despite weakness at its international travel services division.