Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4747 Bethesda Avenue, Suite 1300 BETHESDA MD 20814 |
Tel: | N/A |
Website: | https://www.hosthotels.com |
IR: | See website |
Key People | ||
Richard E. Marriott Chairman of the Board | James F. Risoleo President, Chief Executive Officer, Director | Sourav Ghosh Chief Financial Officer, Executive Vice President |
Mari Sifo Executive Vice President, Chief Human Resource Officer | Nathan S. Tyrrell Executive Vice President, Chief Investment Officer | Julie P. Aslaksen Executive Vice President, General Counsel, Secretary |
Michael E. Lentz Executive Vice President - Development, Design and Construction | Joseph C. Ottinger Senior Vice President, Corporate Controller |
Business Overview |
Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust, which owns hotels and conducts operations through Host L.P. The Company is an owner of luxury and upper-upscale hotels. It operates through a single segment, hotel ownership. Its hotels operate in urban and resort markets either as luxury properties under brand names, such as 1 Hotels, Alila, Andaz, Fairmont, Four Seasons, Grand Hyatt, JW Marriott, Ritz-Carlton, St. Regis, The Don Cesar, The Luxury Collection and W, or as upper upscale properties under such brand names as Autograph Collection, Curio - A Collection by Hilton, Embassy Suites by Hilton, Hilton, Hyatt Regency, Marriott, Marriott Marquis, Sheraton, Swissotel, Tribute Portfolio and Westin. The Company's lodging portfolio consists of 77 primarily luxury and upper-upscale hotels containing approximately 42,000 rooms. The Company also holds non-controlling interests in seven domestic and one international joint venture. |
Financial Overview |
For the fiscal year ended 31 December 2023, Host Hotels & Resorts Inc revenues increased 8% to $5.31B. Net income increased 17% to $740M. Revenues reflect Canada segment increase of 30% to $70M, Occupancy, International - % increase of 13% to 62.4%, Average Daily Room Rate (ADR), Int'l increase of 15% to $186, NAREIT FFO - Per Share - Diluted - Total increase of 7% to $1.92. |
Employees: | 163 as of Feb 23, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $17,350M as of Dec 31, 2023 |
Annual revenue (TTM): | $5,311M as of Dec 31, 2023 |
EBITDA (TTM): | $1,369M as of Dec 31, 2023 |
Net annual income (TTM): | $740.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $248.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $2,848M as of Dec 31, 2023 |
Shares outstanding: | 703,621,808 as of Feb 23, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |