Host Hotels & Resorts (NASDAQ:HST) (NASDAQ: HST) is one of the largest lodging real estate investment trusts (REITs) in the United States, specializing in the ownership and operation of upper-upscale and luxury hotels and resorts. The company acquires, develops, renovates and manages branded hospitality assets under long-term agreements, and generates revenue primarily through room rentals, food and beverage sales, and other guest services. As a REIT, Host Hotels & Resorts distributes the majority of its taxable income to shareholders in the form of regular dividends, reflecting its commitment to delivering stable cash returns.
Host Hotels & Resorts’ diversified portfolio comprises more than 80 properties featuring over 45,000 guestrooms and suites, spanning major gateway cities, resort destinations and convention hubs. Key markets include New York, Los Angeles, San Francisco, Washington, D.C., and Miami, as well as select international locations in Europe and Asia. The company partners with leading global brands such as Marriott International, Hilton Hotels & Resorts, Hyatt Hotels Corporation and Four Seasons, operating assets under a variety of flag and franchise agreements that leverage brand recognition and loyalty programs.
Originally established in 1982 as a division of Marriott Corporation, Host Hotels & Resorts became an independent publicly traded company in 2005 following a spinoff from Host Marriott Corporation. Headquartered in Bethesda, Maryland, the firm has grown through a combination of strategic acquisitions, selective dispositions and capital improvements aimed at enhancing guest experience and asset value. Over time, the company has diversified its geographic footprint and property mix to capture growth in both urban and resort segments.
Under the leadership of its President and Chief Executive Officer, Host Hotels & Resorts continues to emphasize long-term value creation via disciplined capital allocation, active asset management and sustainability initiatives. The company maintains a focus on upgrading existing properties, pursuing development opportunities in attractive markets and strengthening its balance sheet. Through these efforts, Host Hotels & Resorts seeks to preserve and enhance shareholder returns while delivering memorable experiences to guests worldwide.
