Host Hotels & Resorts

Host Hotels & Resorts, Inc. (NASDAQ: HST) is the largest lodging real estate investment trust in the United States, owning a portfolio of premium hotels and resorts in major markets across the country and internationally, with approximately $19 billion in total assets and approximately 80 properties containing nearly 46,000 rooms. Host Hotels focuses exclusively on the luxury and upper-upscale segment of the hotel market, owning iconic properties operating under leading hotel brands including Marriott, Westin, Sheraton, W Hotels, Ritz-Carlton, Hyatt Regency, and other premium hospitality brands, managed by the world's leading hotel management companies under long-term management agreements. According to its website at hosthotels.com, Host Hotels' portfolio of premier properties in gateway cities, resort destinations, and convention markets generates superior long-term returns by owning the highest-quality hotels in the most desirable and irreplaceable lodging locations.

Host Hotels' portfolio strategy, described at hosthotels.com, concentrates ownership in luxury and upper-upscale hotels in major U.S. cities — including New York, Washington D.C., San Francisco, Boston, Los Angeles, Miami, and Chicago — and leading leisure resort destinations — including Hawaii, Florida, and California resort markets — where strong corporate and leisure travel demand, limited new competitive supply, and high barriers to entry support sustained pricing power and occupancy performance over long investment horizons. The company's hotel portfolio benefits from major market locations with diverse demand generators — corporate travel, group and convention business, leisure travel, and international tourism — that provide resilience across economic cycles through the breadth of the demand base supporting occupancy and revenue at its premium hotels. Host Hotels' scale — as the largest hotel REIT — provides purchasing power, capital market access, and operational influence with hotel brands and managers that smaller lodging REITs cannot match.

Host Hotels' pure-play hotel ownership model, combined with long-term management contracts with the world's most respected hotel operators, provides investors with real estate investment exposure to the premium lodging sector through a professionally managed, diversified portfolio of iconic hotel properties. According to hosthotels.com, the company's disciplined capital allocation strategy — including selective hotel acquisitions in target markets, significant reinvestment in owned hotel renovations and repositioning, and capital return to shareholders through dividends and share repurchases — reflects its commitment to maximizing long-term total returns for shareholders. Host Hotels' combination of largest hotel REIT status, luxury and upper-upscale portfolio quality, major market and resort location concentration, brand partnership with world-leading operators, and disciplined capital allocation establishes it as the benchmark lodging REIT and a distinctive real estate investment vehicle for investors seeking premium hotel sector exposure.