Profile: Host Hotels & Resorts Inc (HST.N)

HST.N on New York Stock Exchange

18.16USD
1 Aug 2013
Price Change (% chg)

$0.30 (+1.68%)
Prev Close
$17.86
Open
$17.95
Day's High
$18.17
Day's Low
$17.80
Volume
2,093,350
Avg. Vol
1,636,361
52-wk High
$18.87
52-wk Low
$13.61

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Host Hotels & Resorts, Inc (Host Inc), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT. Host Inc. owns properties and conducts operations through Host Hotels & Resorts, L.P. (Host L.P.) of which Host Inc. is the sole general partner and in which it holds approximately 98.6% of the partnership interests (OP units) as of December 31, 2012. As of February 25, 2013, the Company had 118 primarily luxury and upper-upscale hotels containing approximately 62,600 rooms, with the majority located in the United States of America, and 15 properties located outside of the United States of America, in Canada, New Zealand, Chile, Australia, Mexico and Brazil. In addition, the Company owns non-controlling interests in two international joint ventures: a joint venture in Europe, which owns 19 luxury and upper upscale hotels with approximately 6,100 rooms in France, Italy, Spain, The Netherlands, the United Kingdom, Belgium, Poland and Germany; and a joint venture in Asia/Pacific, which owns one hotel in Australia and minority interests in two operating hotels in India and five additional hotels in India under development. In June 2013, the Company announced that it acquired the fee-simple interest in the 426-room Hyatt Place Waikiki Beach in Honolulu. In July 2013, the Company sold the 336-room Ritz-Carlton, San Francisco to an investment vehicle sponsored by Thayer Lodging Group.

The Company's other real estate joint ventures include the development of a 225-room Hyatt Place in Nashville, Tennessee, and the development of a 131-unit vacation ownership project in Maui, Hawaii adjacent to the Company's Hyatt Regency Maui Resort & Spa. The Company has 118 hotels in its portfolio, primarily consisting of luxury and upper upscale properties. These properties typically include meeting and banquet facilities, a variety of restaurants and lounges, swimming pools, exercise facilities and spas, gift shops and parking facilities.

Company Address

Host Hotels & Resorts Inc

Suite 1500, 6903 Rockledge Drive
BETHESDA   MD   20817
P: +1240.7441000
F: +1301.3808957

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