HOST HOTELS & RESORTS L.P.

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

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.

FY2025 · Filed Feb 25, 2026

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)

	2025	2024	2023
REVENUES
Rooms	$3,608	$3,426	$3,244
Food and beverage	1,803	1,716	1,582
Other	604	542	485
Condominium sales	99	—	—
Total revenues	6,114	5,684	5,311
EXPENSES
Rooms	906	849	787
Food and beverage	1,224	1,137	1,042
Other departmental and support expenses	1,466	1,383	1,280
Management fees	262	254	249
Other property-level expenses	426	411	383
Depreciation and amortization	795	762	697
Cost of goods sold	80	—	—
Corporate and other expenses	124	123	132
Net gain on insurance settlements	(24)	(110)	(86)
Total operating costs and expenses	5,259	4,809	4,484
OPERATING PROFIT	855	875	827
Interest income	32	54	75
Interest expense	(235)	(215)	(191)
Other gains	148	—	71
Equity in earnings of affiliates	18	7	6
INCOME BEFORE INCOME TAXES	818	721	788
Provision for income taxes	(42)	(14)	(36)
NET INCOME	776	707	752
Less: Net income attributable to non-controlling interests	(1)	(1)	(1)
NET INCOME ATTRIBUTABLE TO HOST HOTELS & RESORTS, L.P.	$775	$706	$751
Basic earnings per common unit	$1.13	$1.01	$1.07
Diluted earnings per common unit	$1.13	$1.01	$1.06

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.