With a market cap of $10.2 billion, Bethesda, Maryland-based Host Hotels & Resorts, Inc. (HST) is the largest lodging real estate investment trust (REIT) and a leading owner of luxury and upper-upscale hotels. HST owns 81 properties totaling approximately 43,400 rooms and partners with premier global brands to deliver long-term, risk-adjusted returns for its shareholders.
Shares of Host Hotels & Resorts have underperformed the broader market over the past 52 weeks. HST has declined 22.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 8%. Moreover, shares of HST are down nearly 17% on a YTD basis, compared to SPX’s 4.9% decrease.
