Host Hotels & Resorts is a leading real estate investment trust (REIT) in the hospitality industry. It was founded in 1927 and is headquartered in Bethesda, Maryland. The company primarily focuses on owning and operating high-quality hotel properties in prime locations across the United States and internationally.
As a REIT, Host Hotels & Resorts owns a diverse portfolio of upscale and luxury hotels, including iconic properties such as Marriott, Ritz-Carlton, Hilton, and Hyatt. The company's extensive portfolio encompasses a wide range of hotel types, including full-service, select-service, and extended-stay hotels. These properties cater to both business and leisure travelers, offering a range of amenities and services to enhance the guest experience.
Host Hotels & Resorts is dedicated to delivering exceptional hospitality experiences and maximizing shareholder value. The company's strategy involves acquiring well-located, high-quality hotels, enhancing their operational performance, and actively managing the portfolio to generate strong returns. With its expertise in hotel operations, asset management, and real estate investments, Host aims to provide attractive risk-adjusted returns to its shareholders.
The company went public in 1993 and is listed on the New York Stock Exchange under the ticker symbol HST. Going public enabled Host Hotels & Resorts to raise capital and expand its hotel portfolio. Over the years, the company has successfully navigated various market cycles and demonstrated resilience in the face of changing economic conditions.
Host Hotels & Resorts is committed to delivering outstanding guest experiences, driving operational excellence, and maintaining strong relationships with its brand partners. The company works closely with leading hotel brands to ensure that its properties meet brand standards and provide guests with exceptional service.
As a prominent player in the hospitality industry, Host Hotels & Resorts actively monitors market trends, consumer preferences, and industry innovations to stay ahead of the curve. The company strives to adapt to evolving customer needs and market dynamics, positioning itself as a leader in the hospitality sector.