HOST HOTELS RESORTS INC

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 28, 2024

HST$25.93+2.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations for the Years Ended

CONSOLIDATED STATEMENTS OF OPERATIONS

(in millions, except per common unit amounts)

	2023	2022	2021
REVENUES
Rooms	$3,244	$3,014	$1,858
Food and beverage	1,582	1,418	674
Other	485	475	358
Total revenues	5,311	4,907	2,890
EXPENSES
Rooms	787	727	488
Food and beverage	1,042	928	505
Other departmental and support expenses	1,280	1,181	890
Management fees	249	217	97
Other property-level expenses	383	325	307
Depreciation and amortization	697	664	762
Corporate and other expenses	132	107	99
Gain on insurance settlements	(86)	(17)	(8)
Total operating costs and expenses	4,484	4,132	3,140
OPERATING PROFIT (LOSS)	827	775	(250)
Interest income	75	30	2
Interest expense	(191)	(156)	(191)
Other gains	71	17	306
Equity in earnings of affiliates	6	3	31
INCOME (LOSS) BEFORE INCOME TAXES	788	669	(102)
Benefit (provision) for income taxes	(36)	(26)	91
NET INCOME (LOSS)	752	643	(11)
Less: Net income attributable to non-controlling interests	(1)	(1)	(1)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, L.P.	$751	$642	$(12)
Basic earnings (loss) per common unit	$1.07	$0.91	$(0.02)
Diluted earnings (loss) per common unit	$1.06	$0.90	$(0.02)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.