REIT - Hotel & Motel Industry | Real Estate Sector | Mr. James F. Risoleo CEO | B3 Exchange | US44107P1049 ISIN |
United States Country | 163 Employees | 15 Oct 2024 Last Dividend | 4 Nov 2009 Last Split | 6 Apr 1983 IPO Date |
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.
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: