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$25.28+2.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	HOST HOTELS & RESORTS, INC.
Date: February 28, 2024	By:	/s/ SOURAV GHOSH
		Sourav GhoshExecutive Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Richard E. Marriott
Signatures	Title	Date
/s/ RICHARD E. MARRIOTT	Chairman of the Board of Directors	February 28, 2024
/s/ JAMES F. RISOLEO	President, Chief Executive Officer and Director (Principal Executive Officer)	February 28, 2024
James F. Risoleo
/s/ SOURAV GHOSH	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	February 28, 2024
Sourav Ghosh
/s/ JOSEPH C. OTTINGER	Senior Vice President, Corporate Controller (Principal Accounting Officer)	February 28, 2024
Joseph C. Ottinger
/s/ MARY L. BAGLIVO	Director	February 28, 2024
Mary L. Baglivo
/s/ HERMAN E. BULLS	Director	February 28, 2024
Herman E. Bulls
	Director	February 28, 2024
/s/ DIANA M. LAING
Diana M. Laing
/s/ MARY HOGAN PREUSSE	Director	February 28, 2024
Mary Hogan Preusse
/s/ WALTER C. RAKOWICH	Director	February 28, 2024
Walter C. Rakowich
/s/ GORDON H. SMITH	Director	February 28, 2024
Gordon H. Smith
/s/ A. WILLIAM STEIN	Director	February 28, 2024
A. William Stein

SIGNATURES

	HOST HOTELS & RESORTS, L.P.
Date: February 28, 2024	By:	HOST HOTELS & RESORTS, INC., its general partner
	By:	/s/ SOURAV GHOSH
		Sourav GhoshExecutive Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following officers and directors of Host Hotels & Resorts, Inc., the general partner of the registrant, and in the capacities and on the dates indicated.

Richard E. Marriott
Signatures	Title	Date
/s/ RICHARD E. MARRIOTT	Chairman of the Board of Directors	February 28, 2024
/s/ JAMES F. RISOLEO	President, Chief Executive Officer andDirector (Principal Executive Officer)	February 28, 2024
James F. Risoleo
/s/ SOURAV GHOSH	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	February 28, 2024
Sourav Ghosh
/s/ JOSEPH C. OTTINGER	Senior Vice President, Corporate Controller (Principal Accounting Officer)	February 28, 2024
Joseph C. Ottinger
/s/ MARY L. BAGLIVO	Director	February 28, 2024
Mary L. Baglivo
/s/ HERMAN E. BULLS	Director	February 28, 2024
Herman E. Bulls
/s/ DIANA M. LAING	Director	February 28, 2024
Diana M. Laing
/s/ MARY HOGAN PREUSSE	Director	February 28, 2024
Mary Hogan Preusse
/s/ WALTER C. RAKOWICH	Director	February 28, 2024
Walter C. Rakowich
/s/ GORDON H. SMITH	Director	February 28, 2024
Gordon H. Smith
/s/ A. WILLIAM STEIN	Director	February 28, 2024
A. William Stein

REAL ESTATE AND ACCUMULATED DEPRECIATION

Initial Cost · Gross Amount at December 31, 2023
Description	Debt	Land	Buildings &Improvements	SubsequentCostsCapitalized, net ⁽¹⁾	ForeignCurrency Adjustment	Land	Buildings &Improvements	Total	AccumulatedDepreciation	Date ofCompletion ofConstruction	DateAcquired	DepreciationLife
Hotels:
1 Hotel South Beach	$—	$182	$443	$19	$—	$182	$462	$644	$80	—	2019	34
AC Hotel Scottsdale North	—	4	31	—	—	4	31	35	4	2020	—	31
Alila Ventana Big Sur	—	40	104	3	—	40	107	147	9	—	2021	31
Andaz Maui at Wailea Resort	—	151	255	62	—	151	317	468	52	—	2018	38
Axiom Hotel	—	36	38	42	—	36	80	116	29	—	2014	33
Baker's Cay Resort Key Largo, Curio Collection by Hilton	—	80	117	2	—	80	119	199	10	—	2021	33
Boston Marriott Copley Place	—	—	203	102	—	—	305	305	170	—	2002	40
Calgary Marriott Downtown Hotel	—	5	18	48	(4)	5	62	67	52	—	1996	40
Coronado Island Marriott Resort & Spa	—	—	53	59	—	—	112	112	83	—	1997	40
Denver Marriott Tech Center	—	6	26	85	—	6	111	117	89	—	1994	40
Denver Marriott West	—	—	12	19	—	—	31	31	28	—	1983	40
Embassy Suites by Hilton Chicago Downtown Magnificent Mile	—	—	86	20	—	—	106	106	59	—	2004	40
Fairmont Kea Lani, Maui	—	55	294	161	—	55	455	510	202	—	2004	40
Four Seasons Resort Orlando at Walt Disney World® Resort	—	91	510	17	—	91	527	618	46	—	2021	37
Four Seasons Resort and Residences Jackson Hole	—	59	245	2	—	59	247	306	11	—	2022	32
Gaithersburg Marriott Washingtonian Center	—	7	22	15	—	7	37	44	30	—	1993	40
Grand Hyatt Atlanta in Buckhead	—	8	88	34	—	8	122	130	84	—	1998	40
Grand Hyatt San Francisco	—	52	331	5	—	52	336	388	67	—	2018	34
Grand Hyatt Washington	—	154	247	46	—	154	293	447	137	—	2012	33
Hilton Singer Island Oceanfront/Palm Beaches Resort	—	2	10	24	—	2	34	36	29	—	1994	40
Hotel Van Zandt	100	58	179	1	—	58	180	238	12	—	2021	34
Houston Airport Marriott at George Bush Intercontinental	—	—	10	94	—	—	104	104	95	—	1984	40
Houston Marriott Medical Center/Museum District	—	—	19	47	—	—	66	66	52	—	1998	40
Hyatt Place Waikiki Beach	—	12	120	12	—	12	132	144	47	—	2013	34
Hyatt Regency Austin	—	19	139	2	—	19	141	160	14	—	2021	33
Hyatt Regency Coconut Point Resort and Spa	—	33	185	21	—	33	206	239	40	—	2018	36

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

Initial Cost · Gross Amount at December 31, 2023
Description	Debt	Land	Buildings &Improvements	SubsequentCostsCapitalized, net ⁽¹⁾	ForeignCurrency Adjustment	Land	Buildings &Improvements	Total	AccumulatedDepreciation	Date ofCompletion ofConstruction	DateAcquired	DepreciationLife
Hyatt Regency Maui Resort and Spa	—	92	212	161	—	81	384	465	211	—	2003	40
Hyatt Regency Reston	—	11	78	34	—	12	111	123	75	—	1998	40
Hyatt Regency San Francisco Airport	—	16	119	112	—	20	227	247	161	—	1998	40
Hyatt Regency Washington on Capitol Hill	—	40	230	51	—	40	281	321	150	—	2005	40
JW Marriott Atlanta Buckhead	—	16	21	41	—	16	62	78	44	—	1990	40
JW Marriott Hotel Rio de Janeiro	—	13	29	5	(30)	4	13	17	6	—	2010	40
JW Marriott Houston by The Galleria	—	4	26	59	—	6	83	89	60	—	1994	40
JW Marriott Washington, D.C.	—	26	98	73	—	26	171	197	124	—	2003	40
Manchester Grand Hyatt San Diego	—	—	548	76	—	—	624	624	302	—	2011	35
Marina del Rey Marriott	—	—	13	46	—	—	59	59	39	—	1995	40
Marriott Downtown at CF Toronto Eaton Centre	—	—	27	38	(2)	—	63	63	48	—	1995	40
Marriott Marquis San Diego Marina	—	—	202	420	—	—	622	622	437	—	1996	40
Miami Marriott Biscayne Bay	—	38	27	93	—	38	120	158	68	—	1998	40
Minneapolis Marriott City Center	—	34	27	50	—	35	76	111	61	—	1995	40
New Orleans Marriott	—	16	96	161	—	16	257	273	201	—	1996	40
New York Marriott Downtown	—	19	79	56	—	19	135	154	99	—	1997	40
New York Marriott Marquis	—	49	552	130	—	49	682	731	591	—	1986	40
Newark Liberty International Airport Marriott	—	—	30	49	—	—	79	79	70	—	1984	40
Orlando World Center Marriott	—	18	157	509	—	29	655	684	394	—	1997	40
Philadelphia Airport Marriott	—	—	42	26	—	—	68	68	50	—	1995	40
Rio de Janeiro Parque Olimpico Hotels	—	21	39	1	(34)	9	18	27	7	2014	—	35
San Antonio Marriott Rivercenter	—	—	86	117	—	—	203	203	128	—	1996	40
San Antonio Marriott Riverwalk	—	6	45	41	—	6	86	92	67	—	1995	40
San Francisco Marriott Fisherman's Wharf	—	6	20	35	—	6	55	61	45	—	1994	40
San Francisco Marriott Marquis	—	—	278	210	—	—	488	488	369	—	1989	40
Santa Clara Marriott	—	—	39	84	—	—	123	123	104	—	1989	40
Sheraton Parsippany Hotel	—	8	30	18	—	8	48	56	35	—	2006	40

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

Initial Cost · Gross Amount at December 31, 2023
Description · Debt · Land · Buildings &Improvements · SubsequentCostsCapitalized, net ⁽¹⁾ · ForeignCurrency Adjustment · Land · Buildings &Improvements · Total · AccumulatedDepreciation · Date ofCompletion ofConstruction · DateAcquired · DepreciationLife
Swissôtel Chicago	—	29	132	100	—	30	231	261	143	—	1998		40
Tampa Airport Marriott	—	—	9	29	—	—	38	38	34	—	1971		40
The Alida, Savannah, a Tribute Portfolio Hotel	—	6	96	—	—	6	96	102	6	—	2021		36
The Don CeSar	—	46	158	40	—	46	198	244	54	—	2017		34
The Laura Hotel	—	9	55	1	—	9	56	65	5	—	2021		33
The Logan	—	26	60	76	—	27	135	162	98	—	1998		40
The Phoenician, A Luxury Collection Resort	—	59	307	112	—	58	420	478	167	—	2015		32
The Ritz-Carlton Naples, Tiburón	—	22	10	105	—	22	115	137	65	2002	—		40
The Ritz-Carlton, Amelia Island	—	25	115	106	—	25	221	246	142	—	1998		40
The Ritz-Carlton, Marina del Rey	—	—	52	41	—	—	93	93	71	—	1997		40
The Ritz-Carlton, Naples	—	19	126	427	—	21	551	572	247	—	1996		40
The Ritz-Carlton, Tysons Corner	—	—	89	52	—	—	141	141	92	—	1998		40
The St. Regis Houston	—	6	33	24	—	6	57	63	35	—	2006		40
The Westin Chicago River North	—	33	116	26	—	33	142	175	57	—	2010		40
The Westin Cincinnati	—	—	54	23	—	—	77	77	43	—	2006		40
The Westin Denver Downtown	—	—	89	53	—	—	142	142	62	—	2006		40
The Westin Georgetown, Washington D.C.	—	16	80	29	—	16	109	125	54	—	2006		40
The Westin Kierland Resort & Spa	—	100	280	44	—	100	324	424	149	—	2006		40
The Westin Seattle	—	39	175	51	—	39	226	265	118	—	2006		40
The Westin South Coast Plaza, Costa Mesa	—	—	46	25	—	—	71	71	66	—	2006		40
The Westin Waltham Boston	—	9	59	23	—	9	82	91	46	—	2006		40
W Seattle	—	11	125	15	—	11	140	151	67	—	2006		40
Washington Marriott at Metro Center	—	20	24	43	—	20	67	87	47	—	1994		40
Total hotels:	100	1,962	9,225	5,083	(70)	1,952	14,248	16,200	7,345
Other properties, each less than 5% of total	—	29	1	4	—	29	5	34	2	—	Various	40
TOTAL	$100	$1,991	$9,226	$5,087	$(70)	$1,981	$14,253	$16,234	$7,347

(1)Subsequent costs capitalized are net of impairment expense.

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

Notes:

(A)The change in total cost of properties for the fiscal years ended December 31, 2023, 2022 and 2021 is as follows:

Additions:
Balance at December 31, 2020	$15,642
Acquisitions	1,563
Capital expenditures and transfers from construction-in-progress	231
Deductions:
Dispositions and other	(954)
Assets held for sale	(444)
Impairments	(92)
Balance at December 31, 2021	15,946
Additions:
Acquisitions	303
Capital expenditures and transfers from construction-in-progress	314
Deductions:
Dispositions and other	(694)
Balance at December 31, 2022	15,869
Additions:
Capital expenditures and transfers from construction-in-progress	540
Deductions:
Dispositions and other	(175)
Balance at December 31, 2023	$16,234

(B)The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2023, 2022 and 2021 is as follows:

Balance at December 31, 2020	$6,809
Depreciation and amortization	554
Dispositions and other	(555)
Assets held for sale	(182)
Balance at December 31, 2021	6,626
Depreciation and amortization	550
Dispositions and other	(300)
Balance at December 31, 2022	6,876
Depreciation and amortization	573
Dispositions and other	(102)
Balance at December 31, 2023	$7,347

(C)The aggregate cost of real estate for federal income tax purposes is approximately $10,255 million at December 31, 2023.

(D)The total cost of properties excludes construction-in-progress assets.

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