What is a REIT?

A REIT is a company dedicated to owning income-producing real estate such as apartments, shopping centers, offices, warehouses and hotels. Some REITs are also engaged in financing real estate. Most importantly to be a REIT, a company is legally required to pay virtually all of its taxable income (90 percent) to its shareholders every year. A REIT may deduct the dividends paid to the shareholders from its corporate tax bill so long as: The company's assets are primarily composed of real estate held for the long term; The company's income is mainly derived from real estate; and The company pays out at least 90 percent of its taxable income to shareholders; The main benefit of being a REIT: one level of taxation. The main limitation of being a REIT: a restriction on earnings retained by the company.

Our Goal

Host Hotels & Resorts, Inc. is a real estate investment trust (REIT) with a clear strategy for maximizing shareholder value. Host Hotels & Resorts, Inc. owns and acquires high quality lodging assets in prime locations, creates value through aggressive asset management and uses disciplined capital allocation to generate superior performance.

Our Portfolio

Host Hotels & Resorts, Inc. portfolio consists of high quality hotels located primarily in major cities, near convention centers and airports, resort locations and in select office parks where barriers to entry remain high. Host Hotels & Resorts, Inc. hotels are operated by world-renowned companies including Marriott, Ritz-Carlton, Hyatt, Four Seasons, Hilton, Westin and Fairmont.

For more information on our hotels click here.