Host Hotels & Resorts, Inc. (HST) serves as the world's largest publicly traded lodging real estate investment trust (REIT), owning a geographically diverse portfolio of luxury and upper-upscale hotels primarily in top U.S. markets, with additional properties in Latin America; the company partners with premium brands including Marriott, Ritz-Carlton, Westin, Sheraton, W, St. Regis, Le Meridien, The Luxury Collection, Hyatt, Fairmont, 1 Hotels, Hilton, Swissotel, ibis, Pullman, and Novotel to operate approximately 76 properties totaling 41,837 rooms domestically and five international assets with 1,499 rooms, focusing on urban and resort destinations for transient, group, and contract business customers. Founded in 1993 and headquartered in Bethesda, Maryland, Host Hotels emphasizes asset management, capital allocation, renovations, and redevelopment to optimize revenue from rooms, food and beverage, and other services across over 50 major markets worldwide. In recent developments, the company completed acquisitions of four luxury properties in 2024 including 1 Hotel Central Park for $265 million and the 450-room Ritz-Carlton O’ahu Turtle Bay, enhancing its high-quality portfolio with expected contributions to EBITDA; it reached agreements for second transformational capital programs with Marriott and Hyatt at multiple properties, such as Hyatt Regency Austin and Manchester Grand Hyatt San Diego, involving investments over four years to boost competitiveness; sold the Washington Marriott at Metro Center; and received a Moody's credit rating upgrade to Baa2 in 2025 citing strong operating performance and low leverage.