Host Hotels & Resorts, Inc. is an S&P 500® and Fortune 500® company as well as the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. Host owns or has interest in approximately 59,000 rooms around the globe. Guided by a disciplined approach to capital allocation and aggressive asset management, Host partners with premium brands in the operation of properties in 50 major markets worldwide. Host recognizes the value generated for our stakeholders, employees and the communities in which we operate that comes with integrating corporate responsibility into our business. Central to all that we do is our EPIC values – Excellence, Partnership, Integrity and Community. These values drive how we do business. Our responsible, disciplined approach to asset management is reflected in our balanced approach to corporate responsibility.
Our business is capital intensive and whether we are acquiring hotels or enhancing our existing portfolio our goal is to drive revenue growth and create long-term stockholder value. We look to reinvest intelligently in our assets, eliminating deferred maintenance that can lead to increased costs and reduced guest satisfaction, while using our scale and industry relationships to reduce purchasing costs and improve quality. We continually explore opportunities to invest in profit-generating projects that we expect to improve cash flow, or green initiatives, such as co-generation power plants, laundry water recycling and other energy management systems, that are designed to increase energy efficiency thereby reducing costs. Historically, these expenditures have provided some of the highest investment returns and ensure that our hotels are in superior physical condition, highly competitive in the marketplace and meet our own high-quality standards, as well as those of our managers.
Company Growth (employees)
Key People at Host Hotels & Resorts
Richard Marriott
James Risoleo
Elizabeth Abdoo
Host Hotels & Resorts Office Locations
Host Hotels & Resorts Data and Metrics
Host Hotels & Resorts Financial Metrics
Revenue (Q1, 2017) | 1.3 b |
Net income (Q1, 2017) | 161 m |
EBIT (Q1, 2017) | 171 m |
Market capitalization (17-Aug-2017) | 13.1 b |
Cash (31-Mar-2017) | 411 m |
EV | 16.7 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 5.2 b | 5.4 b | 5.4 b | 5.4 b |
Revenue growth, % | 4% | 1% | 1% | |
Sales and marketing expense | 222 m | 227 m | 226 m | 236 m |
Operating expense total | 4.7 b | 4.6 b | 4.7 b | 4.7 b |
EBIT | 512 m | 710 m | 650 m | 684 m |
EBIT margin, % | 10% | 13% | 12% | 13% |
Interest expense | 304 m | 214 m | 234 m | 154 m |
Interest income | 4 m | 4 m | 4 m | 3 m |
Pre tax profit | 231 m | 761 m | 580 m | 811 m |
Income tax expense | 21 m | 14 m | 9 m | 40 m |
Net Income | 325 m | 747 m | 571 m | 771 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.4 b | 1.3 b | 1.3 b | 1.4 b | 1.3 b | 1.3 b | 1.5 b | 1.3 b | 1.3 b |
Sales and marketing expense | 66 m | 55 m | 52 m | 68 m | 51 m | 57 m | 66 m | 54 m | 56 m |
Operating expense total | 66 m | 55 m | 52 m | 68 m | 51 m | 57 m | 66 m | 54 m | 56 m |
EBIT | 225 m | 202 m | 144 m | 227 m | 132 m | 151 m | 239 m | 144 m | 171 m |
EBIT margin, % | 16% | 16% | 11% | 16% | 10% | 11% | 16% | 11% | 13% |
Interest expense | (55 m) | (51 m) | (51 m) | (73 m) | (49 m) | (39 m) | (39 m) | (38 m) | (39 m) |
Interest income | 1 m | 1 m | 1 m | 1 m | 1 m | 1 m | 1 m | 2 m | 1 m |
Pre tax profit | 174 m | 151 m | 95 m | 229 m | 94 m | 175 m | 383 m | 127 m | 155 m |
Income tax expense | (15 m) | (6 m) | 9 m | (13 m) | (9 m) | 9 m | (32 m) | (19 m) | 6 m |
Net Income | 159 m | 145 m | 104 m | 216 m | 85 m | 184 m | 351 m | 108 m | 161 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 861 m | 684 m | 239 m | 372 m |
PP&E | 11 b | 10.6 b | 10.7 b | 10.1 b |
Total Assets | 12.8 b | 12.2 b | 11.8 b | 11.4 b |
Accounts Payable | 214 m | 298 m | 243 m | 278 m |
Total Liabilities | 4.2 b | |||
Additional Paid-in Capital | 8.5 b | 8.5 b | 8.3 b | 8.1 b |
Total Equity | 7.3 b | 7.4 b | 7.1 b | 7 b |
Financial Leverage | 1.8 x | 1.7 x | 1.7 x | 1.6 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 440 m | 387 m | 485 m | 262 m | 265 m | 234 m | 266 m | 340 m | 411 m |
PP&E | 10.7 b | 10.6 b | 10.5 b | 10.8 b | 10.7 b | 10.6 b | 10.5 b | 10.4 b | 10.4 b |
Total Assets | 12.2 b | 12.1 b | 12 b | 12 b | 12 b | 11.7 b | 11.6 b | 11.5 b | 11.8 b |
Accounts Payable | 202 m | 244 m | 224 m | 230 m | 248 m | 215 m | 228 m | 242 m | 218 m |
Total Debt | 4 b | 4 b | 4 b | 4.1 b | 4.3 b | 4 b | 3.7 b | 3.8 b | 4 b |
Additional Paid-in Capital | 8.5 b | 8.5 b | 8.5 b | 8.4 b | 8.2 b | 8.2 b | 8.1 b | 8.1 b | 8.1 b |
Total Equity | 7.4 b | 7.4 b | 7.3 b | 7.3 b | 7 b | 7.1 b | 7.2 b | 7.1 b | 7.1 b |
Debt to Equity Ratio | 0.5 x | 0.5 x | 0.5 x | 0.6 x | 0.6 x | 0.6 x | 0.5 x | 0.5 x | 0.6 x |
Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.3 x | 0.4 x | 0.3 x | 0.3 x | 0.3 x | 0.3 x |
Financial Leverage | 1.7 x | 1.7 x | 1.6 x | 1.7 x | 1.7 x | 1.7 x | 1.6 x | 1.6 x | 1.7 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 325 m | 747 m | 571 m | 771 m |
Depreciation and Amortization | 697 m | 701 m | 716 m | 724 m |
Accounts Receivable | 77.1 k | |||
Accounts Payable | 20.4 k | 145.8 k | ||
Cash From Operating Activities | 1 b | 1.2 b | 1.2 b | 1.3 b |
Purchases of PP&E | (166 m) | (138 m) | (438 m) | (63 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 159 m | 145 m | 104 m | 216 m | 85 m | 184 m | 351 m | 108 m | 161 m |
Depreciation and Amortization | 174 m | 178 m | 175 m | 180 m | 180 m | 181 m | 178 m | 182 m | 180 m |
Accounts Payable | 202 m | 244 m | 224 m | 230 m | 248 m | 215 m | 228 m | 242 m | 218 m |
| USD | Y, 2017 |
|---|---|
EV/EBIT | 97.6 x |
Revenue/Employee | 6.1 m |
Debt/Equity | 0.6 x |
Debt/Assets | 0.3 x |
Financial Leverage | 1.7 x |
