Host Hotels & Resorts, Inc. logo

Host Hotels & Resorts, Inc. 0J66

Market Closed
25 Nov, 15:30
LSE LSE
$
18. 44
+0.23
+1.24%
$
12.93B Market Cap
18.24 P/E Ratio
0.8% Div Yield
15,063 Volume
0.87 Eps
$ 18.21
Previous Close
Day Range
18.32 18.57
Year Range
15.71 21.31

0J66 Chart

Host Hotels & Resorts, Inc. Profile

REIT - Hotel & Motel Industry
Real Estate Sector
Mr. James F. Risoleo CEO
LSE Exchange
US44107P1049 ISIN
United States Country
163 Employees
15 Oct 2024 Last Dividend
4 Nov 2009 Last Split
6 Apr 1983 IPO Date

Overview

Host Hotels & Resorts, Inc. stands as a prominent figure in the hospitality sector, notable for being the largest lodging real estate investment trust (REIT) according to the S&P 500 index. This stature is further underscored by its significant ownership of luxury and upper-upscale hotels. The company’s portfolio boasts an expansive range of properties, encompassing 72 within the United States and five internationally. These properties collectively offer approximately 42,000 rooms, showcasing the company's vast reach in the hospitality industry. Furthermore, Host Hotels & Resorts, Inc. extends its influence through non-controlling interests in seven domestic and one international joint ventures, demonstrating a strategic approach to growth and market penetration. The company's success is attributed to a disciplined capital allocation and aggressive asset management strategy, which has enabled it to forge partnerships with premium brands across the globe, reinforcing its position as a leader in the luxury and upper-upscale hotel segment.

Products and Services

Host Hotels & Resorts, Inc. provides an array of services through its extensive portfolio of properties and partnerships with distinguished brands in the hospitality industry. Here's an overview:

  • Luxury and Upper-Upscale Hotels: As the cornerstone of their offerings, Host Hotels & Resorts, Inc. specializes in owning and managing a collection of luxury and upper-upscale hotels. These properties are characterized by their exceptional quality, strategic locations, and the highest standards of service and amenities, catering to the needs of discerning travelers seeking premium lodging experiences.
  • Partnerships with Premium Brands: The company's strategy includes forming partnerships with renowned hospitality brands. These include but are not limited to Marriott, Ritz-Carlton, Westin, Sheraton, W, St. Regis, The Luxury Collection, Hyatt, Fairmont, Hilton, Four Seasons, Swissôtel, ibis, and Novotel, as well as various independent brands. Through these collaborations, Host Hotels & Resorts, Inc. enriches its portfolio with a diverse range of branding and operational expertise, widening its appeal to a broad spectrum of guests.
  • International Presence: Beyond its dominant stance in the United States, Host Hotels & Resorts, Inc. also possesses properties in key international markets, enhancing its global footprint. This international presence allows the company to cater to the globetrotting traveler, providing them with familiar luxury and service quality, irrespective of their destination.
  • Joint Ventures: Host Hotels & Resorts, Inc. engages in joint ventures both domestically and internationally. This strategy enables the company to leverage additional expertise, resources, and market presence, facilitating growth and diversification of its portfolio. The involvement in joint ventures reflects the company’s commitment to exploring innovative avenues for expansion and profitability.

Contact Information

Address: 4747 Bethesda Avenue
Phone: 240 744 1000