Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The company owns more than 100 properties in the United States and over 15 properties internationally totaling approximately 65,000 rooms. Prominent hotels owned by Host include New York Marriott Marquis Times Square, Grand Hyatt Washington, and the Hotel Arts Barcelona
Host also holds non-controlling interests in a joint venture in Europe that owns more than 10 hotels with approximately 4,200 rooms, a joint venture in Asia that owns one hotel with approximately 300 rooms in Australia and a minority interest in seven hotels with approximately 1,750 rooms in India. Two of the India hotels recently opened in Bangalore and the remaining five are in various stages of development in two cities. Host partners with premium brands in the operation of properties in over 50 major markets worldwide. With $11.92 billion in market capitalization, Host has the 262nd largest market capitalization.
Host Hotels & Resorts traces its origins back to the Van Noy Railway News and Hotel Company, founded in 1897.
Famous quotes containing the words host and/or hotels:
“The white man regards the universe as a gigantic machine hurtling through time and space to its final destruction: individuals in it are but tiny organisms with private lives that lead to private deaths: personal power, success and fame are the absolute measures of values, the things to live for. This outlook on life divides the universe into a host of individual little entities which cannot help being in constant conflict thereby hastening the approach of the hour of their final destruction.”
—Policy statement, 1944, of the Youth League of the African National Congress. pt. 2, ch. 4, Fatima Meer, Higher than Hope (1988)
“Switzerland is a small, steep country, much more up and down than sideways, and is all stuck over with large brown hotels built on the cuckoo clock style of architecture.”
—Ernest Hemingway (18991961)