Business Description
Host Hotels & Resorts Inc. is a Maryland-based real estate investment trust founded in 1927 that owns and manages a portfolio of hotel properties. The company operates through a partnership structure, with Host Inc. serving as the sole general partner of Host Hotels & Resorts L.P., which carries out the day-to-day business activities. A small portion of the partnership ? roughly 1% ? is held by outside investors, whose share of profits and losses is reported separately in the company's financial statements.