Host Hotels & Resorts
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Host Hotels & Resorts is the premier lodging, hotel and resort real estate investment trust. They strive to be Best in Class. They look for high quality lodging in prime urban, hard to duplicate downtown, airport, convention and resort locations in the United States, Canada, Mexico, The United Kingdom, Chile, Italy, Spain and Poland. Their New York Stock Exchange stock ticker symbol is HST.
They practice aggressive asset management. They're the largest REIT in the luxury and upscale properties.
In October 1993, The Marriott Corporation, well known for its hotels, split up into separate companies. Host Marriott retained ownership of 24 full-service hotels, 102 limited service hotels, and 14 senior living communities. Host Marriott later sold off the senior living communities and the 26 Fairfield Inns.
In January 1999, Host Marriott became a real estate investment trust. Host Marriott went on to acquire many other luxury hotels, including Starwood Hotels & Resorts Worldwide, Westin, Sheraton, Swissotel, Four Seasons, Ritz-Carlton, W, St. Regis, Hyatt, Hilton, Fairmont and The Luxury Collection. On April 19, 2006, Host Marriott changed its name to Host Hotels & Resorts and changed its stock ticker symbol from HMT.
The Chairman of the Board is Richard E. Marriott. Company headquarters are in Bethesda Maryland.
Host Hotels & Resorts Properties:
Kansas City Airport Marriott, Brussels Marriott Hotel, Renaissance Brussels Hotel, Calgary Marriott, Toronto Marriott Hotel, San Cristobal Tower, Sheraton Santiago Hotel and Convention Center, Sheraton Roma Hotel and Conference Center, The Westin Palace, Milan, a Luxury Collection, JW Marriott Hotel Mexico City, Sheraton Skyline Hotel & Conference Center, Sheraton Warsaw Hotel & Towers, Crowne Plaza Hotel Amsterdam City Centre, The Fairmont Kea Lani Maui, Hyatt Regency Maui Resort & Spa, Chicago Marriott O'Hare, New Orleans Marriott, Minneapolis Marriot City Center, New York Marriott Downtown, New York Marriott Marquis Times Square, Sheraton New York Hotel & Towers, W New York, Dayton Marriott, The Westin Cincinatti, Four Seasons Hotel Philadelphia, Philadelphia Marriott Downtown, Philadelphia Airport Marriott, Seattle Airport Marriott, The Westin Seattle, W Seattle, Hyatt Regency Washington on Capital Hill, JW Marriott Hotel Pennsylvania Avenue, Marriott at Metro Center, The Westin Grand Washington D. C., and Boston Marriott Copley Place.
Host Hotels & Resorts is widely diversified. However, it's obviously vulnerable to the nature of its business. If travel goes down for any reason, its results will suffer.
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