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Host Hotels & Resorts, Inc. · Bethesda, MD United States ·(NYSE: HST)

Company Description

6903 Rockledge Dr. Ste. 1500
Bethesda, MD
20817
United States (Map)
Phone: 240-744-1000
Fax: 240-744-5125
Rankings
  • #449 in FORTUNE 500
  • S&P 500
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Host Hotels & Resorts will leave the chandelier on for you. The largest hotel real estate investment trust (REIT) in the US, owns some 115 luxury and upscale hotels in North America, South America, and Europe. Most of its hotels operate under the Marriott and Ritz-Carlton brands and are managed by sister firm Marriott International. Other brands include Four Seasons and Hyatt. To maintain its REIT status, the company operates through majority-owned Host LP. All properties are leased to management firms. Host Hotels holds interests in several partnerships, including its leasehold interest in 53 Courtyard by Marriott hotels and a 49% stake in Tiburon Golf Ventures, which operates a golf course in Florida. To read the full description, subscribe now.
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Key Host Hotels & Resorts, Inc. Financials

Company TypePublic - NYSE: HST

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$5,288.0
2008 Employees215

Host Hotels & Resorts, Inc. Executives

16 executives listed for Host Hotels & Resorts, Inc.'s Bethesda, MD location.
TitleName & BioContact
ChairmanRichard MarriottNetwork
President, CEO, and DirectorW. Edward WalterNetwork
EVP, CFO, and TreasurerLarry HarveyNetwork

Competition

Competitive Landscape for Host Hotels & Resorts, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.
Top Host Hotels & Resorts, Inc. Competitors
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