Host Hotels & Resorts / HST

About Host Hotels & Resorts

6903 Rockledge Dr., Suite 1500, Bethesda, Md. 20817
www.hosthotels.com | 240-744-1000 | Founded: 1927

Industry: Hospitality And Travel | Category: Public Companies

This Marriott spinoff is a lodging real estate investment trust with 63,000 rooms in urban and resort locations. It partners with higher-end brands, including Marriott, W and Four Seasons, and last year formed a joint venture with Singapore's real estate investment firm to explore investments in Asia and Australia. Funds from operations fell a little more than 9 percent in 2008 as the recession took its toll on business and leisure travel.

Chairman: Richard E. Marriott

President and CEO: W. Edward Walter

2008 Financial Data

Revenues: $5,288,000,000 | Net Income: $960,000,000
Asssets: $11,951,000,000 | Earnings Per Share: $1.74
Stockholder Equity: $5,517,000,000 | Annual Dividend: $0.65
Total employees: 215 | Local employees: 208