Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2024

(in millions)


			Initial Cost								Gross Amount at December 31, 2024
Description	Debt		Land		Buildings & Improvements		Subsequent Costs Capitalized, net ⁽¹⁾		Foreign Currency Adjustment		Land		Buildings & Improvements		Total		Accumulated Depreciation		Date of Completion of Construction	Date Acquired	Depreciation Life
Hotels:
1 Hotel Central Park	$	—	$	98	$	149	$	—	$	—	$	98	$	149	$	247	$	3	—	2024	29
1 Hotel South Beach	—		182		443		23		—		182		466		648		98		—	2019	34
AC Hotel Scottsdale North	—		4		31		—		—		4		31		35		5		2020	—	31
Alila Ventana Big Sur	—		40		104		4		—		40		108		148		13		—	2021	31
Andaz Maui at Wailea Resort	—		151		255		65		—		151		320		471		64		—	2018	38
Axiom Hotel	—		36		38		44		—		36		82		118		33		—	2014	33
Baker's Cay Resort Key Largo, Curio Collection by Hilton	—		80		117		2		—		80		119		199		15		—	2021	33
Boston Marriott Copley Place	—		—		203		106		—		—		309		309		182		—	2002	40
Calgary Marriott Downtown Hotel	—		5		18		49		(9)		5		58		63		51		—	1996	40
Coronado Island Marriott Resort & Spa	—		—		53		62		—		—		115		115		88		—	1997	40
Denver Marriott Tech Center	—		6		26		87		—		6		113		119		94		—	1994	40
Denver Marriott West	—		—		12		19		—		—		31		31		28		—	1983	40
Embassy Suites by Hilton Chicago Downtown Magnificent Mile	—		—		86		21		—		—		107		107		63		—	2004	40
Fairmont Kea Lani, Maui	—		55		294		173		—		55		467		522		223		—	2004	40
Four Seasons Resort Orlando at Walt Disney World® Resort	—		91		510		21		—		91		531		622		66		—	2021	37
Four Seasons Resort and Residences Jackson Hole	—		59		245		7		—		59		252		311		20		—	2022	32
Gaithersburg Marriott Washingtonian Center	—		7		22		15		—		7		37		44		31		—	1993	40
Grand Hyatt Atlanta in Buckhead	—		8		88		49		—		8		137		145		88		—	1998	40
Grand Hyatt San Francisco	—		52		331		5		—		52		336		388		79		—	2018	34
Grand Hyatt Washington	—		154		247		82		—		154		329		483		152		—	2012	33
Hotel Van Zandt	98		58		179		2		—		58		181		239		18		—	2021	34
Houston Airport Marriott at George Bush Intercontinental	—		—		10		95		—		—		105		105		100		—	1984	40
Houston Marriott Medical Center/Museum District	—		—		19		48		—		—		67		67		58		—	1998	40
Hyatt Place Waikiki Beach	—		12		120		12		—		12		132		144		52		—	2013	34
Hyatt Regency Austin	—		19		139		3		—		19		142		161		19		—	2021	33
Hyatt Regency Coconut Point Resort and Spa	—		33		185		25		—		33		210		243		50		—	2018	36

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2024

(in millions)


		Initial Cost				Gross Amount at December 31, 2024
Description	Debt	Land	Buildings & Improvements	Subsequent Costs Capitalized, net ⁽¹⁾	Foreign Currency Adjustment	Land	Buildings & Improvements	Total	Accumulated Depreciation	Date of Completion of Construction	Date Acquired	Depreciation Life
Hyatt Regency Maui Resort and Spa	—	92	212	163	—	81	386	467	229	—	2003	40
Hyatt Regency Reston	—	11	78	40	—	12	117	129	79	—	1998	40
Hyatt Regency San Francisco Airport	—	16	119	113	—	20	228	248	170	—	1998	40
Hyatt Regency Washington on Capitol Hill	—	40	230	55	—	40	285	325	157	—	2005	40
JW Marriott Atlanta Buckhead	—	16	21	42	—	16	63	79	47	—	1990	40
JW Marriott Hotel Rio de Janeiro	—	13	29	5	(33)	3	11	14	5	—	2010	40
JW Marriott Houston by The Galleria	—	4	26	60	—	6	84	90	66	—	1994	40
JW Marriott Washington, DC	—	26	98	73	—	26	171	197	129	—	2003	40
Manchester Grand Hyatt San Diego	—	—	548	79	—	—	627	627	325	—	2011	35
Marina del Rey Marriott	—	—	13	48	—	—	61	61	43	—	1995	40
Marriott Downtown at CF Toronto Eaton Centre	—	—	27	39	(8)	—	58	58	46	—	1995	40
Marriott Marquis San Diego Marina	—	—	202	432	—	—	634	634	462	—	1996	40
Miami Marriott Biscayne Bay	—	38	27	99	—	38	126	164	76	—	1998	40
Minneapolis Marriott City Center	—	34	27	51	—	35	77	112	65	—	1995	40
Nashville Hotels	—	60	438	—	—	60	438	498	14	—	2024	24
New Orleans Marriott	—	16	96	165	—	16	261	277	209	—	1996	40
New York Marriott Downtown	—	19	79	56	—	19	135	154	104	—	1997	40
New York Marriott Marquis	—	49	552	169	—	49	721	770	624	—	1986	40
Newark Liberty International Airport Marriott	—	—	30	50	—	—	80	80	72	—	1984	40
Orlando World Center Marriott	—	18	157	517	—	29	663	692	417	—	1997	40
Philadelphia Airport Marriott	—	—	42	26	—	—	68	68	52	—	1995	40
Rio de Janeiro Parque Olimpico Hotels	—	21	39	1	(39)	7	15	22	6	2014	—	35
San Antonio Marriott Rivercenter	—	—	86	122	—	—	208	208	138	—	1996	40
San Antonio Marriott Riverwalk	—	6	45	42	—	6	87	93	71	—	1995	40
San Francisco Marriott Fisherman's Wharf	—	6	20	35	—	6	55	61	47	—	1994	40
San Francisco Marriott Marquis	—	—	278	212	—	—	490	490	393	—	1989	40
Santa Clara Marriott	—	—	39	86	—	—	125	125	109	—	1989	40
Sheraton Parsippany Hotel	—	8	30	18	—	8	48	56	36	—	2006	40

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2024

(in millions)


			Initial Cost								Gross Amount at December 31, 2024
Description	Debt		Land		Buildings & Improvements		Subsequent Costs Capitalized, net ⁽¹⁾		Foreign Currency Adjustment		Land		Buildings & Improvements		Total		Accumulated Depreciation		Date of Completion of Construction	Date Acquired	Depreciation Life
Swissôtel Chicago	—		29		132		103		—		30		234		264		149		—	1998	40
Tampa Airport Marriott	—		—		9		30		—		—		39		39		35		—	1971	40
The Alida, Savannah, a Tribute Portfolio Hotel	—		6		96		1		—		6		97		103		9		—	2021	36
The Don CeSar	—		46		158		13		—		46		171		217		64		—	2017	34
The Laura Hotel	—		9		55		2		—		9		57		66		7		—	2021	33
The Logan	—		26		60		76		—		27		135		162		104		—	1998	40
The Phoenician, A Luxury Collection Resort	—		59		307		130		—		58		438		496		190		—	2015	32
The Ritz-Carlton Naples, Tiburón	—		22		10		108		—		22		118		140		72		2002	—	40
The Ritz-Carlton O'ahu, Turtle Bay	—		271		355		1		—		271		356		627		5		—	2024	32
The Ritz-Carlton, Amelia Island	—		25		115		117		—		25		232		257		150		—	1998	40
The Ritz-Carlton, Marina del Rey	—		—		52		43		—		—		95		95		74		—	1997	40
The Ritz-Carlton, Naples	—		19		126		487		—		21		611		632		289		—	1996	40
The Ritz-Carlton, Tysons Corner	—		—		89		53		—		—		142		142		98		—	1998	40
The Singer Oceanfront Resort, Curio Collection by Hilton	—		2		10		47		—		2		57		59		31		—	1994	40
The St. Regis Houston	—		6		33		27		—		6		60		66		36		—	2006	40
The Westin Chicago River North	—		33		116		26		—		33		142		175		62		—	2010	40
The Westin Cincinnati	—		—		54		25		—		—		79		79		45		—	2006	40
The Westin Denver Downtown	—		—		89		56		—		—		145		145		69		—	2006	40
The Westin Georgetown, Washington D.C.	—		16		80		32		—		16		112		128		58		—	2006	40
The Westin Kierland Resort & Spa	—		100		280		55		—		100		335		435		159		—	2006	40
The Westin Seattle	—		39		175		54		—		39		229		268		125		—	2006	40
The Westin South Coast Plaza, Costa Mesa	—		—		46		25		—		—		71		71		69		—	2006	40
The Westin Waltham Boston	—		9		59		24		—		9		83		92		48		—	2006	40
W Seattle	—		11		125		15		—		11		140		151		71		—	2006	40
Washington Marriott at Metro Center	—		20		24		38		—		20		62		82		36		—	1994	40
Total hotels:	98		2,391		10,167		5,405		(89)		2,378		15,496		17,874		7,939
Other properties, each less than 5% of total	—		79		1		7		—		79		8		87		2		—	Various	40
TOTAL	$	98	$	2,470	$	10,168	$	5,412	$	(89)	$	2,457	$	15,504	$	17,961	$	7,941

___________

(1)Subsequent costs capitalized are net of impairment expense.

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2024

(in millions)

Notes:

(A)The change in total cost of properties for the fiscal years ended December 31, 2024, 2023 and 2022 is as follows:


Balance, December 31, 2021	$	15,946
Additions:
Acquisitions	303
Capital expenditures and transfers from construction-in-progress	314
Deductions:
Dispositions and other	(694)


Balance, December 31, 2022	15,869
Additions:

Capital expenditures and transfers from construction-in-progress	540
Deductions:
Dispositions and other	(175)


Balance, December 31, 2023	16,234
Additions:
Acquisitions	1,422
Capital expenditures and transfers from construction-in-progress	368
Deductions:
Dispositions and other	(63)


Balance, December 31, 2024	$	17,961

The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2024, 2023 and 2022 is as follows:


Balance, December 31, 2021	$	6,626
Depreciation and amortization	550
Dispositions and other	(300)

Balance, December 31, 2022	6,876
Depreciation and amortization	573
Dispositions and other	(102)

Balance, December 31, 2023	7,347
Depreciation and amortization	619
Dispositions and other	(25)

Balance, December 31, 2024	$	7,941

(C)The aggregate cost of real estate for federal income tax purposes is approximately $11,505 million at December 31, 2024.

(D)The total cost of properties excludes construction-in-progress assets.