On a year-to-date basis, comparable hotel RevPAR increased 6.3% driven primarily by rate improvement. Total year-to-date comparable revenue growth of 5.3%, combined with profit margins that increased 80 basis points, resulted in year-to-date adjusted EBITDA of $669 million, which represents an increase of over 23%, an FFO per diluted share of $0.57.Year-to-date, FFO per diluted share was negatively affected by $0.03 for acquisition, debt repayment and impairment costs.
Host Hotels & Resorts' CEO Discusses Q3 2011 Results - Earnings Call Transcript
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