Host Hotels & Resorts (HST) 10-Q 6 May 22 2022 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 04, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Registrant Name	HOST HOTELS & RESORTS, INC.
Entity Central Index Key	0001070750
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	HST
Security Exchange Name	NASDAQ
Entity File Number	001-14625
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	53-0085950
Entity Address, Address Line One	4747 Bethesda Ave
Entity Address, Address Line Two	Suite 1300
Entity Address, City or Town	Bethesda
Entity Address, State or Province	MD
Entity Address, Postal Zip Code	20814
City Area Code	240
Local Phone Number	744-1000
Document Quarterly Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		714,777,128
HOST HOTELS & RESORTS L.P.
Document Information [Line Items]
Entity Registrant Name	HOST HOTELS & RESORTS, L.P.
Entity Central Index Key	0001070750
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity File Number	0-25087
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	52-2095412
Entity Address, Address Line One	4747 Bethesda Ave
Entity Address, Address Line Two	Suite 1300
Entity Address, City or Town	Bethesda
Entity Address, State or Province	MD
Entity Address, Postal Zip Code	20814
City Area Code	240
Local Phone Number	744-1000

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
ASSETS
Property and equipment, net		$ 9,596	$ 9,994
Right-of-use assets		563	551
Assets held for sale		411	270
Due from managers		125	113
Advances to and investments in affiliates		143	42
Furniture, fixtures and equipment replacement fund		163	144
Other		562	431
Cash and cash equivalents		266	807
Total assets		11,829	12,352
Debt
Senior notes		3,111	3,109
Credit facility, including the term loans of $997		991	1,673
Mortgage and other debt		108	109
Total debt		4,210	4,891
Lease liabilities		575	564
Accounts payable and accrued expenses		97	85
Due to managers		47	42
Other		172	198
Total liabilities		5,101	5,780
Partnership interests		203	126
Host Hotels & Resorts, Inc. stockholders’ equity:
Common stock, par value $.01, 1,050 million shares authorized, 714.8 million shares and 714.1 million shares issued and outstanding, respectively		7	7
Additional paid-in capital		7,680	7,702
Accumulated other comprehensive loss		(69)	(76)
Deficit		(1,098)	(1,192)
Total equity of Host Hotels & Resorts, Inc. stockholders		6,520	6,441
Non-redeemable non-controlling interests—other consolidated partnerships		5	5
Total equity		6,525	6,446
Total liabilities, non-controlling interests and equity		11,829	12,352
Host Hotels & Resorts, L.P. capital:
Accumulated other comprehensive loss		(69)	(76)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		6,525	6,446
HOST HOTELS & RESORTS L.P.
ASSETS
Property and equipment, net		9,596	9,994
Right-of-use assets		563	551
Assets held for sale		411	270
Due from managers		125	113
Advances to and investments in affiliates		143	42
Furniture, fixtures and equipment replacement fund		163	144
Other		562	431
Cash and cash equivalents		266	807
Total assets		11,829	12,352
Debt
Senior notes		3,111	3,109
Credit facility, including the term loans of $997		991	1,673
Mortgage and other debt		108	109
Total debt		4,210	4,891
Lease liabilities		575	564
Accounts payable and accrued expenses		97	85
Due to managers		47	42
Other		172	198
Total liabilities		5,101	5,780
Partnership interests	[1]	203	126
Host Hotels & Resorts, Inc. stockholders’ equity:
Accumulated other comprehensive loss		(69)	(76)
Total equity		11,829	12,352
Host Hotels & Resorts, L.P. capital:
General partner		1	1
Limited partner		6,588	6,516
Accumulated other comprehensive loss		(69)	(76)
Total Host Hotels & Resorts, L.P. capital		6,520	6,441
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		11,829	12,352
Non-controlling interests—consolidated partnerships		5	5
Total capital		$ 6,525	$ 6,446
[1]	The book value recorded is equal to the greater of redemption value or historical cost.

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Credit facility	$ 991	$ 1,673
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,050,000,000	1,050,000,000
Common stock, shares issued	714,800,000	714,100,000
Common stock, shares outstanding	714,800,000	714,100,000
Term Loan
Credit facility	$ 997	$ 997

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
REVENUES
Revenues	$ 1,074	$ 399
EXPENSES
Other property-level expenses	84	78
Depreciation and amortization	172	165
Corporate and other expenses	23	24
Total operating costs and expenses	952	565
OPERATING PROFIT (LOSS)	122	(166)
Interest income	1	1
Interest expense	(36)	(42)
Other gains (losses)	13	(1)
Equity in earnings of affiliates	2	9
INCOME (LOSS) BEFORE INCOME TAXES	102	(199)
Benefit for income taxes	16	46
NET INCOME (LOSS)	118	(153)
Less: Net (income) loss attributable to non-controlling interests	(2)	1
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 116	$ (152)
Basic earnings (loss) per common share	$ 0.16	$ (0.22)
Diluted earnings (loss) per common share	$ 0.16	$ (0.22)
HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	$ 1,074	$ 399
EXPENSES
Other property-level expenses	84	78
Depreciation and amortization	172	165
Corporate and other expenses	23	24
Total operating costs and expenses	952	565
OPERATING PROFIT (LOSS)	122	(166)
Interest income	1	1
Interest expense	(36)	(42)
Other gains (losses)	13	(1)
Equity in earnings of affiliates	2	9
INCOME (LOSS) BEFORE INCOME TAXES	102	(199)
Benefit for income taxes	16	46
NET INCOME (LOSS)	118	(153)
Less: Net (income) loss attributable to non-controlling interests	(1)	0
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 117	$ (153)
Basic earnings (loss) per common share	$ 0.17	$ (0.22)
Diluted earnings (loss) per common share	$ 0.17	$ (0.22)
Rooms
REVENUES
Revenues	$ 655	$ 257
EXPENSES
Expenses	160	65
Rooms | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	655	257
EXPENSES
Expenses	160	65
Food and Beverage
REVENUES
Revenues	297	77
EXPENSES
Expenses	200	62
Food and Beverage | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	297	77
EXPENSES
Expenses	200	62
Other
REVENUES
Revenues	122	65
EXPENSES
Expenses	273	160
Other | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	122	65
EXPENSES
Expenses	273	160
Management Fees
EXPENSES
Expenses	40	11
Management Fees | HOST HOTELS & RESORTS L.P.
EXPENSES
Expenses	$ 40	$ 11

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
NET INCOME (LOSS)	$ 118	$ (153)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	7	(2)
Change in fair value of derivative instruments	0	(1)
OTHER COMPREHENSIVE LOSS, NET OF TAX	7	(3)
COMPREHENSIVE LOSS	125	(156)
Less: Comprehensive income (loss) attributable to non-controlling interests	(2)	1
COMPREHENSIVE LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	123	(155)
HOST HOTELS & RESORTS L.P.
NET INCOME (LOSS)	118	(153)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	7	(2)
Change in fair value of derivative instruments	0	(1)
OTHER COMPREHENSIVE LOSS, NET OF TAX	7	(3)
COMPREHENSIVE LOSS	125	(156)
Less: Comprehensive income (loss) attributable to non-controlling interests	(1)	0
COMPREHENSIVE LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 124	$ (156)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
OPERATING ACTIVITIES
Net income (loss)	$ 118	$ (153)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:
Depreciation and amortization	172	165
Amortization of finance costs, discounts and premiums, net	3	2
Stock compensation expense	5	4
Other (gains)/losses	(13)	1
Equity in earnings of affiliates	(2)	(9)
Change in due from/to managers	(5)	(13)
Distributions from investments in affiliates	2	0
Changes in other assets	(5)	(39)
Changes in other liabilities	(14)	(7)
Net cash provided by (used in) operating activities	261	(49)
INVESTING ACTIVITIES
Proceeds from sales of assets, net	74	3
Proceeds from loan receivable	0	9
Advances to and investments in affiliates	(44)	(5)
Acquisitions	0	(189)
Capital expenditures:
Renewals and replacements	(39)	(32)
Return on investment	(83)	(61)
Net cash used in investing activities	(92)	(275)
FINANCING ACTIVITIES
Financing costs	0	(3)
Repayment of credit facility	(683)	0
Other financing activities	(10)	(8)
Net cash used in financing activities	(693)	(11)
Effects of exchange rate changes on cash held	1	0
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	(523)	(335)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	953	2,476
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	430	2,141
Supplemental disclosure of cash flow information:
Cash and cash equivalents	266	2,008
Restricted cash (included in other assets)	1	2
Furniture, fixtures and equipment replacement fund	163	131
Total cash and cash equivalents and restricted cash shown in the statements of cash flows	430	2,141
Total interest paid	28	35
Income tax refunds received	(8)	0
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
Net income (loss)	118	(153)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:
Depreciation and amortization	172	165
Amortization of finance costs, discounts and premiums, net	3	2
Stock compensation expense	5	4
Other (gains)/losses	(13)	1
Equity in earnings of affiliates	(2)	(9)
Change in due from/to managers	5	13
Distributions from investments in affiliates	2	0
Changes in other assets	5	39
Changes in other liabilities	(14)	(7)
Net cash provided by (used in) operating activities	261	(49)
INVESTING ACTIVITIES
Proceeds from sales of assets, net	74	3
Proceeds from loan receivable	0	9
Advances to and investments in affiliates	(44)	(5)
Acquisitions	0	(189)
Capital expenditures:
Renewals and replacements	(39)	(32)
Return on investment	(83)	(61)
Net cash used in investing activities	(92)	(275)
FINANCING ACTIVITIES
Financing costs	0	(3)
Repayment of credit facility	(683)	0
Other financing activities	(10)	(8)
Net cash used in financing activities	(693)	(11)
Effects of exchange rate changes on cash held	1	0
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	(523)	(335)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	953	2,476
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	430	2,141
Supplemental disclosure of cash flow information:
Cash and cash equivalents	266	2,008
Restricted cash (included in other assets)	1	2
Furniture, fixtures and equipment replacement fund	163	131
Total cash and cash equivalents and restricted cash shown in the statements of cash flows	430	2,141
Total interest paid	28	35
Income tax refunds received	$ (8)	$ 0
Host Hotels Resorts Lp [Member] | Noble Investment Group LLC
Noncash Investing And Financing Items [Abstract]
Noncash financial or equity instrument consideration, shares issued	3.2
Joint venture investment, value of shares issued	$ 56
Host Hotels Resorts Lp [Member] | HOST HOTELS & RESORTS L.P. | Noble Investment Group LLC
Noncash Investing And Financing Items [Abstract]
Noncash financial or equity instrument consideration, shares issued	3.2
Joint venture investment, value of shares issued	$ 56
Sheraton Boston Hotel [Member]
Noncash Investing And Financing Items [Abstract]
Notes receivable from sale of property	163
Sheraton Boston Hotel [Member] | HOST HOTELS & RESORTS L.P.
Noncash Investing And Financing Items [Abstract]
Notes receivable from sale of property	$ 163

Supplemental Schedule of Noncas

Supplemental Schedule of Noncash Investing and Financing Activities	3 Months Ended
	Mar. 31, 2022
Supplemental Schedule of Noncash Investing and Financing Activities	Supplemental schedule of noncash investing and financing activities: On January 20, 2022, we entered into definitive agreements with Noble Investment Group, LLC, and certain other entities and persons related to Noble Investment Group, LLC, pursuant to which we made an investment in a joint venture with Noble Investment Group. In connection with the investment, Host Hotels & Resorts, L.P. issued approximately 3.2 million OP units valued at approximately $ 56 million. In connection with the sale of the Sheraton Boston Hotel in February 2022, we extended a $ 163 million bridge loan to the buyer. The proceeds received from the sale are net of this loan.
HOST HOTELS & RESORTS L.P.
Supplemental Schedule of Noncash Investing and Financing Activities	Supplemental schedule of noncash investing and financing activities: On January 20, 2022, we entered into definitive agreements with Noble Investment Group, LLC, and certain other entities and persons related to Noble Investment Group, LLC, pursuant to which we made an investment in a joint venture with Noble Investment Group. In connection with the investment, Host Hotels & Resorts, L.P. issued approximately 3.2 million OP units valued at approximately $ 56 million. In connection with the sale of the Sheraton Boston Hotel in February 2022, we extended a $ 163 million bridge loan to the buyer. The proceeds received from the sale are net of this loan.

Organization

Organization	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization Description of Business Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust (“REIT”), with its operations conducted solely through Host Hotels & Resorts, L.P. and its subsidiaries. Host Hotels & Resorts, L.P., a Delaware limited partnership, operates through an umbrella partnership structure, with Host Hotels & Resorts, Inc., a Maryland corporation, as its sole general partner. In the notes to these unaudited condensed consolidated financial statements, we use the terms “we” or “our” to refer to Host Hotels & Resorts, Inc. and Host Hotels & Resorts, L.P. together, unless the context indicates otherwise. We also use the term “Host Inc.” specifically to refer to Host Hotels & Resorts, Inc. and the term “Host L.P.” specifically to refer to Host Hotels & Resorts, L.P. in cases where it is important to distinguish between Host Inc. and Host L.P. As of March 31, 2022, Host Inc. holds approximately 99 % of Host L.P.’s partnership interests. COVID-19 Developments The COVID-19 pandemic has had a significant adverse impact on U.S. and global economic activity and has contributed to significant volatility in financial markets beginning in the first quarter of 2020. While many of the restrictive measures put in place in jurisdictions where we own hotels have been lifted and the U.S. economic recovery is in progress, the COVID-19 pandemic continues to negatively impact the U.S. lodging industry generally and our company specifically. There remains a great deal of uncertainty surrounding the trends and duration of the COVID-19 pandemic, including the potential impact of new variants, and we are monitoring developments on an ongoing basis. We, and our hotel managers, may take additional actions in response to future developments. Consolidated Portfolio As of March 31, 2022, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries: Hotels United States 75 Brazil 3 Canada 2 Total 80

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with GAAP in the accompanying unaudited condensed consolidated financial statements. We believe the disclosures made herein are adequate to prevent the information presented from being misleading. However, the financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10–K for the year ended December 31, 2021. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In our opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments necessary to present fairly our financial position as of March 31, 2022, and the results of our operations and cash flows for the quarter ended March 31, 2022 and 2021, respectively. Interim results are not necessarily indicative of full year performance because of the effect of seasonal variations as well as the impact from the COVID-19 pandemic. Three of the partnerships in which we own an interest are considered variable interest entities (VIEs) as the general partner maintains control over the decisions that most significantly impact such partnerships. These VIEs include the operating partnership, Host L.P., which is consolidated by Host Inc., of which Host Inc. is the sole general partner and holds approximately 99 % of its partnership interests; the consolidated partnership that owns the Houston Airport Marriott at George Bush Intercontinental; and the unconsolidated partnership that owns the Philadelphia Marriott Downtown. Host Inc.’s sole significant asset is its investment in Host L.P. and, consequently, substantially all of Host Inc.’s assets and liabilities consists of the assets and liabilities of Host L.P. All of Host Inc.’s debt is an obligation of Host L.P. and may be repaid only with assets of Host L.P.

Earnings (Loss) Per Common Shar

Earnings (Loss) Per Common Share (Unit)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings (Loss) Per Common Share (Unit)	3. Earnings (Loss) Per Common Share (Unit) Basic earnings (loss) per common share (unit) is computed by dividing net income (loss) attributable to common stockholders (unitholders) by the weighted average number of shares of Host Inc. common stock or Host L.P. common units outstanding. Diluted earnings (loss) per common share (unit) is computed by dividing net income (loss) attributable to common stockholders (unitholders), as adjusted for potentially dilutive securities, by the weighted average number of shares of Host Inc. common stock or Host L.P. common units outstanding plus other potentially dilutive securities. Dilutive securities may include shares granted under comprehensive stock plans or the Host L.P. common units distributed to Host Inc. to support such shares granted, and other non-controlling interests that have the option to convert their limited partner interests to Host L.P. common units. No effect is shown for any securities that are anti-dilutive. We have 10.2 million Host L.P. common units, which are convertible into 10.4 million Host Inc. common shares, that are not included in Host Inc.’s calculation of earnings (loss) per share as their effect is not dilutive. The calculation of Host Inc. basic and diluted earnings (loss) per common share is shown below (in millions, except per share amounts): Quarter ended March 31, 2022 2021 Net income (loss) $ 118 $ ( 153 ) Less: Net (income) loss attributable to non-controlling interests ( 2 ) 1 Net income (loss) attributable to Host Inc. $ 116 $ ( 152 ) Basic weighted average shares outstanding 714.3 705.6 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 1.8 — Diluted weighted average shares outstanding 716.1 705.6 Basic earnings (loss) per common share $ 0.16 $ ( 0.22 ) Diluted earnings (loss) per common share $ 0.16 $ ( 0.22 ) The calculation of Host L.P. basic and diluted earnings (loss) per unit is shown below (in millions, except per unit amounts): Quarter ended March 31, 2022 2021 Net income (loss) $ 118 $ ( 153 ) Less: Net income attributable to non-controlling interests ( 1 ) — Net income (loss) attributable to Host L.P. $ 117 $ ( 153 ) Basic weighted average units outstanding 708.9 698.0 Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market 1.7 — Diluted weighted average units outstanding 710.6 698.0 Basic earnings (loss) per common unit $ 0.17 $ ( 0.22 ) Diluted earnings (loss) per common unit $ 0.17 $ ( 0.22 )

Revenue

Revenue	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue	4. Revenue Substantially all our operating results represent revenues and expenses generated by property-level operations. Payments are due from customers when services are provided to them. Due to the short-term nature of our contracts and the almost concurrent receipt of payment, we have no material unearned revenue at quarter end. We collect sales, use, occupancy and similar taxes from our customers, which we present on a net basis (excluded from revenues) on our statements of operations. Disaggregation of Revenues. While we do not consider the following presentation of revenues by location to consist of reportable segments, we have disaggregated hotel revenues by market location. Our revenues also are presented by country in Note 11 – Geographic Information. By Location. The following table presents hotel revenues for each of the geographic locations in our consolidated hotel portfolio (in millions): Quarter ended March 31, Location 2022 2021 Florida Gulf Coast $ 131 $ 81 Maui/Oahu 116 44 Phoenix 111 54 Orlando 108 9 San Diego 87 14 Miami 83 56 San Francisco/San Jose 52 11 New York 50 11 Washington, D.C. (Central Business District) 38 23 Jacksonville 29 14 San Antonio 27 7 Houston 26 13 Los Angeles/Orange County 25 10 Austin 20 1 New Orleans 20 3 Boston 18 3 Chicago 14 4 Atlanta 13 11 Philadelphia 13 5 Northern Virginia 12 7 Denver 12 3 Seattle 10 2 Other 51 11 Domestic 1,066 397 International 8 2 Total $ 1,074 $ 399

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	5. Property and Equipment Property and equipment consists of the following (in millions): March 31, 2022 December 31, 2021 Land and land improvements $ 1,967 $ 2,310 Buildings and leasehold improvements 13,465 13,636 Furniture and equipment 2,172 2,225 Construction in progress 328 278 17,932 18,449 Less accumulated depreciation and amortization ( 8,336 ) ( 8,455 ) $ 9,596 $ 9,994

Investment in Affiliates

Investment in Affiliates	3 Months Ended
	Mar. 31, 2022
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Investments in Affiliates	6. Investment in Affiliates On January 20, 2022, we entered into definitive agreements with Noble Investment Group, LLC, and certain other entities and persons related to Noble Investment Group, LLC. We invested an aggregate of $ 35 million of cash and issued approximately $ 56 million of Host L.P. OP units to acquire a minority equity interest in Noble Management Holdings, LLC and Noble Investment Holdings, LLC representing 49 % of (a) the net fee income of the Noble Investment Group business in respect of existing and future Noble Investment Group funds and other revenue-based activities, (b) 40 % of the gross carried interest earned on the funds beginning as of closing, and (c) proceeds earned on general partner commitments to future funds. As part of our investment, we have made a $ 150 million capital commitment to the next Noble fund. Upon certain triggers being met, we have the ability to acquire up to an additional 51% (for a total of 100 %) of Noble Management Holdings, LLC and Noble Investment Holdings, LLC. To the extent certain triggers are met and we have not exercised our call right, Noble Investment Group, LLC has a one-time ability, but not the obligation, to exercise its put right to cause us to purchase up to an additional 26 % (for a total of 75%) of Noble Management Holdings, LLC and Noble Investment Holdings, LLC.

Debt

Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt	7. Debt Credit Facility. In February 2022, we repaid the remaining $ 683 million outstanding under the revolver portion of our credit facility. As of March 31, 2022, we have $ 1.5 billion of available capacity under the revolver portion of our credit facility.

Equity of Host Inc. and Capital

Equity of Host Inc. and Capital of Host L.P.	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Equity of Host Inc. and Capital of Host L.P.	8. Equity of Host Inc. and Capital of Host L.P. Equity of Host Inc. The components of the equity of Host Inc. are as follows (in millions): Common Stock Additional Paid-in Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings / (Deficit) Non-redeemable, non-controlling interests Total equity Redeemable, non-controlling interests Balance, December 31, 2021 $ 7 $ 7,702 $ ( 76 ) $ ( 1,192 ) $ 5 $ 6,446 $ 126 Net income — — — 116 1 117 1 Issuance of common stock for comprehensive stock plans, net — ( 9 ) — — — ( 9 ) — Dividends declared on common stock — — — ( 22 ) — ( 22 ) — Issuance of common OP units — — — — — — 56 Changes in ownership and other — ( 13 ) — — ( 1 ) ( 14 ) 20 Other comprehensive income — — 7 — — 7 — Balance, March 31, 2022 $ 7 $ 7,680 $ ( 69 ) $ ( 1,098 ) $ 5 $ 6,525 $ 203 Common Stock Additional Paid-in Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings / (Deficit) Non-redeemable, non-controlling interests Total equity Redeemable, non-controlling interests Balance, December 31, 2020 $ 7 $ 7,568 $ ( 74 ) $ ( 1,180 ) $ 5 $ 6,326 $ 108 Net loss — — — ( 152 ) — ( 152 ) ( 1 ) Issuance of common stock for comprehensive stock plans, net — ( 4 ) — — — ( 4 ) — Changes in ownership and other — ( 17 ) — — — ( 17 ) 17 Other comprehensive loss — — ( 3 ) — — ( 3 ) — Balance, March 31, 2021 $ 7 $ 7,547 $ ( 77 ) $ ( 1,332 ) $ 5 $ 6,150 $ 124 Capital of Host L.P. As of March 31, 2022, Host Inc. is the owner of approximately 99 % of Host L.P.’s common OP units. The remaining common OP units are owned by unaffiliated limited partners. Each common OP unit may be redeemed for cash or, at the election of Host Inc., Host Inc. common stock, based on the conversion ratio of 1.021494 shares of Host Inc. common stock for each common OP unit. Under the credit facility, all redemptions must be made with Host Inc. common stock if Host L.P.’s leverage ratio (as calculated under the credit facility) exceeds 7.25 x. In exchange for any shares issued by Host Inc., Host L.P. will issue common OP units to Host Inc. based on the applicable conversion ratio. Additionally, funds used by Host Inc. to pay dividends on its common stock are provided by distributions from Host L.P. The components of the Capital of Host L.P. are as follows (in millions): General Partner Limited Partner Accumulated Other Comprehensive Income (Loss) Non-controlling interests Total capital Limited partnership interests of third parties Balance, December 31, 2021 $ 1 $ 6,516 $ ( 76 ) $ 5 $ 6,446 $ 126 Net income — 116 — 1 117 1 Issuance of common OP units to Host Inc. for comprehensive stock plans, net — ( 9 ) — — ( 9 ) — Distributions declared on common OP units — ( 22 ) — — ( 22 ) — Issuance of common OP units — — — — — 56 Changes in ownership and other — ( 13 ) — ( 1 ) ( 14 ) 20 Other comprehensive income — — 7 — 7 — Balance, March 31, 2022 $ 1 $ 6,588 $ ( 69 ) $ 5 $ 6,525 $ 203 General Partner Limited Partner Accumulated Other Comprehensive Income (Loss) Non-controlling interests Total capital Limited partnership interests of third parties Balance, December 31, 2020 $ 1 $ 6,394 $ ( 74 ) $ 5 $ 6,326 $ 108 Net loss — ( 152 ) — — ( 152 ) ( 1 ) Issuance of common OP units to Host Inc. for comprehensive stock plans, net — ( 4 ) — — ( 4 ) — Changes in ownership and other — ( 17 ) — — ( 17 ) 17 Other comprehensive loss — — ( 3 ) — ( 3 ) — Balance, March 31, 2021 $ 1 $ 6,221 $ ( 77 ) $ 5 $ 6,150 $ 124 Share Repurchases As of March 31, 2022, we have $ 371 million available for repurchase under our common share repurchase program. There have been no share repurchases in the first quarter of 2022. Issuance of Common Stock As of March 31, 2022, there was $ 460 million of remaining capacity under the distribution agreement we entered into in 2021 with various investment banks to sell shares of Host Inc. common stock in "at-the-market" offerings. No shares were issued during the first quarter of 2022. Dividends/Distributions On February 16, 2022, Host Inc.'s Board of Directors announced a regular quarterly cash dividend of $ 0.03 per share on Host Inc.'s common stock. The dividend was paid on April 15, 2022 to stockholders of record as of March 31, 2022. Accordingly, Host L.P. made a distribution of $ 0.03064482 per unit on its common OP units based on the current conversion ratio. Subsequent to quarter end, on May 4, 2022, Host Inc.'s Board of Directors announced a regular quarterly cash dividend of $0.06 per share on Host Inc.'s common stock. The dividend is payable on July 15, 2022, to stockholders of record on June 30, 2022 .

Dispositions

Dispositions	3 Months Ended
	Mar. 31, 2022
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]
Dispositions	9. Dispositions During the first quarter, we sold the Sheraton Boston Hotel for $ 233 million, including a $ 163 million bridge loan we provided to the buyer, and recorded a gain on sale of $ 12 million. The bridge loan, which is included in other assets on our condensed consolidated balance sheets, has an initial interest rate of 4.5 % and an initial scheduled maturity date of August 1, 2022, which date may be extended by up to a year by the exercise of two 6-month extensions, each which is subject to an increase in interest rate. The gain on sale is included in other gains (losses) on the consolidated statement of operations. Subsequent to quarter end, we sold the Sheraton New York Times Square Hotel for $ 373 million, including a $ 250 million bridge loan we provided to the buyer, and YVE Hotel Miami for $ 50 million, including $ 1 million of FF&E funds retained by us. As of March 31, 2022 , these two hotels were classified as held for sale.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	10. Fair Value Measurements We did not elect the fair value measurement option for any of our financial liabilities. The fair values of secured debt and our credit facility are determined based on the expected future payments discounted at risk-adjusted rates. Our senior notes are valued based on quoted market prices. The fair values of financial instruments not included in this table are estimated to be equal to their carrying amounts. The fair value of certain financial liabilities is shown below (in millions): March 31, 2022 December 31, 2021 Carrying Fair Value Carrying Fair Value Financial liabilities Senior notes (Level 1) $ 3,111 $ 3,056 $ 3,109 $ 3,255 Credit facility (Level 2) 991 1,000 1,673 1,683 Mortgage debt (Level 2) 104 102 104 105

Geographic Information

Geographic Information	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Geographic Information	11. Geographic Information We consider each one of our hotels to be an operating segment, as we allocate resources and assess operating performance based on individual hotels. All of our hotels meet the aggregation criteria for segment reporting and our other real estate investment activities (primarily our retail spaces and office buildings) are immaterial. As such, we report one segment: hotel ownership. Our consolidated foreign operations consist of hotels in two countries as of March 31, 2022. There were no intersegment sales during the periods presented. The following table presents total revenues and property and equipment, net, for each of the geographical areas in which we operate (in millions): Total Revenues Property and Equipment, net Quarter ended March 31, March 31, December 31, 2022 2021 2022 2021 United States $ 1,066 $ 397 $ 9,517 $ 9,919 Brazil 4 1 36 30 Canada 4 1 43 45 Total $ 1,074 $ 399 $ 9,596 $ 9,994

Non-Controlling Interests

Non-Controlling Interests	3 Months Ended
	Mar. 31, 2022
Noncontrolling Interest [Abstract]
Non-Controlling Interests	12. Non-controlling Interests Host Inc.’s treatment of the non-controlling interests of Host L.P.: Host Inc. adjusts the amount of the non-controlling interests of Host L.P. each period so that the amount presented equals the greater of its carrying amount based on accumulated historical cost or its redemption value. The historical cost is based on the proportional relationship between the historical cost of equity held by our common stockholders relative to that of the common unitholders of Host L.P. The redemption value is based on the amount of cash or Host Inc. common stock, at our option, that would be paid to the non-controlling interests of Host L.P. if it were terminated. Therefore, the redemption value of the common OP units is equivalent to the number of common shares that would be issued upon conversion of the common OP units held by third parties valued at the market price of Host Inc. common stock at the balance sheet date. One common OP unit may be exchanged for 1.021494 shares of Host Inc. common stock. Redeemable non-controlling interests of Host L.P. are classified in the mezzanine section of our balance sheets as they do not meet the requirements for equity classification because the redemption feature requires the delivery of registered shares. The table below details the historical cost and redemption values for the non-controlling interests of Host L.P.: March 31, 2022 December 31, 2021 Common OP units outstanding (millions) 10.2 7.1 Market price per Host Inc. common share $ 19.43 $ 17.39 Shares issuable upon conversion of one common OP unit 1.021494 1.021494 Redemption value (millions) $ 203 $ 126 Historical cost (millions) 97 66 Book value (millions) ⁽¹⁾ 203 126 ___________ (1) The book value recorded is equal to the greater of redemption value or historical cost. Other Consolidated Partnerships. As of March 31, 2022 , we consolidate two majority-owned partnerships that have third-party, non-controlling ownership interests. The third-party limited partner interests are included in non-redeemable non-controlling interests — other consolidated partnerships on the balance sheets and totaled $ 5 million as of both March 31, 2022 and December 31, 2021 .

Legal Proceedings

Legal Proceedings	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	13. Legal Proceedings We are involved in various legal proceedings in the ordinary course of business regarding the operation of our hotels and company matters. To the extent not covered by insurance, these legal proceedings generally fall into the following broad categories: disputes involving hotel-level contracts, employment litigation, compliance with laws such as the Americans with Disabilities Act, tax disputes and other general matters. Under our management agreements, our operators have broad latitude to resolve individual hotel-level claims for amounts generally less than $ 150,000 . However, for matters exceeding such threshold, our operators may not settle claims without our consent. Based on our analysis of legal proceedings with which we are involved or of which we currently are aware and our experience in resolving similar claims in the past, we have recorded immaterial accruals as of March 31, 2022 related to such claims. We have estimated that, in the aggregate, our losses related to these proceedings will not be material. We are not aware of any matters with a reasonably possible unfavorable outcome for which disclosure of a loss contingency is required. No assurances can be given as to the outcome of any pending legal proceedings.

Organization (Tables)

Organization (Tables)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidated Portfolio of Hotels by Location	As of March 31, 2022, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries: Hotels United States 75 Brazil 3 Canada 2 Total 80

Earnings (Loss) Per Common Sh_2

Earnings (Loss) Per Common Share (Unit) (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings (Loss) Per Common Share (Unit)	The calculation of Host Inc. basic and diluted earnings (loss) per common share is shown below (in millions, except per share amounts): Quarter ended March 31, 2022 2021 Net income (loss) $ 118 $ ( 153 ) Less: Net (income) loss attributable to non-controlling interests ( 2 ) 1 Net income (loss) attributable to Host Inc. $ 116 $ ( 152 ) Basic weighted average shares outstanding 714.3 705.6 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 1.8 — Diluted weighted average shares outstanding 716.1 705.6 Basic earnings (loss) per common share $ 0.16 $ ( 0.22 ) Diluted earnings (loss) per common share $ 0.16 $ ( 0.22 )
HOST HOTELS & RESORTS L.P.
Earnings (Loss) Per Common Share (Unit)	The calculation of Host L.P. basic and diluted earnings (loss) per unit is shown below (in millions, except per unit amounts): Quarter ended March 31, 2022 2021 Net income (loss) $ 118 $ ( 153 ) Less: Net income attributable to non-controlling interests ( 1 ) — Net income (loss) attributable to Host L.P. $ 117 $ ( 153 ) Basic weighted average units outstanding 708.9 698.0 Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market 1.7 — Diluted weighted average units outstanding 710.6 698.0 Basic earnings (loss) per common unit $ 0.17 $ ( 0.22 ) Diluted earnings (loss) per common unit $ 0.17 $ ( 0.22 )

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Summary of Disaggregated Hotel Revenues by Market Location	The following table presents hotel revenues for each of the geographic locations in our consolidated hotel portfolio (in millions): Quarter ended March 31, Location 2022 2021 Florida Gulf Coast $ 131 $ 81 Maui/Oahu 116 44 Phoenix 111 54 Orlando 108 9 San Diego 87 14 Miami 83 56 San Francisco/San Jose 52 11 New York 50 11 Washington, D.C. (Central Business District) 38 23 Jacksonville 29 14 San Antonio 27 7 Houston 26 13 Los Angeles/Orange County 25 10 Austin 20 1 New Orleans 20 3 Boston 18 3 Chicago 14 4 Atlanta 13 11 Philadelphia 13 5 Northern Virginia 12 7 Denver 12 3 Seattle 10 2 Other 51 11 Domestic 1,066 397 International 8 2 Total $ 1,074 $ 399

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): March 31, 2022 December 31, 2021 Land and land improvements $ 1,967 $ 2,310 Buildings and leasehold improvements 13,465 13,636 Furniture and equipment 2,172 2,225 Construction in progress 328 278 17,932 18,449 Less accumulated depreciation and amortization ( 8,336 ) ( 8,455 ) $ 9,596 $ 9,994

Equity of Host Inc. and Capit_2

Equity of Host Inc. and Capital of Host L.P. (Tables)	3 Months Ended
	Mar. 31, 2022
HOST HOTELS & RESORTS, INC.
Components of Equity	The components of the equity of Host Inc. are as follows (in millions): Common Stock Additional Paid-in Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings / (Deficit) Non-redeemable, non-controlling interests Total equity Redeemable, non-controlling interests Balance, December 31, 2021 $ 7 $ 7,702 $ ( 76 ) $ ( 1,192 ) $ 5 $ 6,446 $ 126 Net income — — — 116 1 117 1 Issuance of common stock for comprehensive stock plans, net — ( 9 ) — — — ( 9 ) — Dividends declared on common stock — — — ( 22 ) — ( 22 ) — Issuance of common OP units — — — — — — 56 Changes in ownership and other — ( 13 ) — — ( 1 ) ( 14 ) 20 Other comprehensive income — — 7 — — 7 — Balance, March 31, 2022 $ 7 $ 7,680 $ ( 69 ) $ ( 1,098 ) $ 5 $ 6,525 $ 203 Common Stock Additional Paid-in Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings / (Deficit) Non-redeemable, non-controlling interests Total equity Redeemable, non-controlling interests Balance, December 31, 2020 $ 7 $ 7,568 $ ( 74 ) $ ( 1,180 ) $ 5 $ 6,326 $ 108 Net loss — — — ( 152 ) — ( 152 ) ( 1 ) Issuance of common stock for comprehensive stock plans, net — ( 4 ) — — — ( 4 ) — Changes in ownership and other — ( 17 ) — — — ( 17 ) 17 Other comprehensive loss — — ( 3 ) — — ( 3 ) — Balance, March 31, 2021 $ 7 $ 7,547 $ ( 77 ) $ ( 1,332 ) $ 5 $ 6,150 $ 124
HOST HOTELS & RESORTS L.P.
Components of Capital	The components of the Capital of Host L.P. are as follows (in millions): General Partner Limited Partner Accumulated Other Comprehensive Income (Loss) Non-controlling interests Total capital Limited partnership interests of third parties Balance, December 31, 2021 $ 1 $ 6,516 $ ( 76 ) $ 5 $ 6,446 $ 126 Net income — 116 — 1 117 1 Issuance of common OP units to Host Inc. for comprehensive stock plans, net — ( 9 ) — — ( 9 ) — Distributions declared on common OP units — ( 22 ) — — ( 22 ) — Issuance of common OP units — — — — — 56 Changes in ownership and other — ( 13 ) — ( 1 ) ( 14 ) 20 Other comprehensive income — — 7 — 7 — Balance, March 31, 2022 $ 1 $ 6,588 $ ( 69 ) $ 5 $ 6,525 $ 203 General Partner Limited Partner Accumulated Other Comprehensive Income (Loss) Non-controlling interests Total capital Limited partnership interests of third parties Balance, December 31, 2020 $ 1 $ 6,394 $ ( 74 ) $ 5 $ 6,326 $ 108 Net loss — ( 152 ) — — ( 152 ) ( 1 ) Issuance of common OP units to Host Inc. for comprehensive stock plans, net — ( 4 ) — — ( 4 ) — Changes in ownership and other — ( 17 ) — — ( 17 ) 17 Other comprehensive loss — — ( 3 ) — ( 3 ) — Balance, March 31, 2021 $ 1 $ 6,221 $ ( 77 ) $ 5 $ 6,150 $ 124

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Values of Certain Financial Liabilities	The fair value of certain financial liabilities is shown below (in millions): March 31, 2022 December 31, 2021 Carrying Fair Value Carrying Fair Value Financial liabilities Senior notes (Level 1) $ 3,111 $ 3,056 $ 3,109 $ 3,255 Credit facility (Level 2) 991 1,000 1,673 1,683 Mortgage debt (Level 2) 104 102 104 105

Geographic Information (Tables)

Geographic Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Revenues and Long-Lived Assets by Geographical Area	The following table presents total revenues and property and equipment, net, for each of the geographical areas in which we operate (in millions): Total Revenues Property and Equipment, net Quarter ended March 31, March 31, December 31, 2022 2021 2022 2021 United States $ 1,066 $ 397 $ 9,517 $ 9,919 Brazil 4 1 36 30 Canada 4 1 43 45 Total $ 1,074 $ 399 $ 9,596 $ 9,994

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	3 Months Ended
	Mar. 31, 2022
Noncontrolling Interest [Abstract]
Historical Cost and Redemption Values for the Non-Controlling Interests	The table below details the historical cost and redemption values for the non-controlling interests of Host L.P.: March 31, 2022 December 31, 2021 Common OP units outstanding (millions) 10.2 7.1 Market price per Host Inc. common share $ 19.43 $ 17.39 Shares issuable upon conversion of one common OP unit 1.021494 1.021494 Redemption value (millions) $ 203 $ 126 Historical cost (millions) 97 66 Book value (millions) ⁽¹⁾ 203 126 ___________ (1) The book value recorded is equal to the greater of redemption value or historical cost.

Organization - Additional Infor

Organization - Additional Information (Detail)	Mar. 31, 2022
Host L.P.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Percentage of the common OP units	99.00%

Consolidated Portfolio of Hotel

Consolidated Portfolio of Hotels by Location (Detail)	Mar. 31, 2022Hotel
Real Estate Properties [Line Items]
Hotels	80
United States
Real Estate Properties [Line Items]
Hotels	75
Brazil
Real Estate Properties [Line Items]
Hotels	3
Canada
Real Estate Properties [Line Items]
Hotels	2

Summary of Significant Accoun_2

Summary of Significant Accounting Policies - Additional Information (Detail)	Mar. 31, 2022
Host L.P.
Significant Accounting Policies [Line Items]
Investment ownership percentage	99.00%

Earnings (Loss) Per Common Sh_3

Earnings (Loss) Per Common Share (Unit) - Additional Information (Detail) - HOST HOTELS & RESORTS, INC. shares in Millions	Mar. 31, 2022shares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Common units outstanding	10.2
Number of common shares that would be outstanding if OP units were converted	10.4

Host Inc. Earnings (Loss) Per C

Host Inc. Earnings (Loss) Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Net income (loss)	$ 118	$ (153)
Less: Net (income) loss attributable to non-controlling interests	(2)	1
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 116	$ (152)
Basic weighted average shares outstanding	714.3	705.6
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	1.8	0
Diluted weighted average shares outstanding	716.1	705.6
Basic earnings (loss) per common share	$ 0.16	$ (0.22)
Diluted earnings (loss) per common share	$ 0.16	$ (0.22)

Host LP Earnings (Loss) Per Com

Host LP Earnings (Loss) Per Common Unit (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share Diluted [Line Items]
Net income (loss)	$ 118	$ (153)
Less: Net (income) loss attributable to non-controlling interests	(2)	1
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 116	$ (152)
Basic weighted average shares outstanding	714.3	705.6
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	1.8	0
Diluted weighted average shares outstanding	716.1	705.6
Basic earnings (loss) per common share	$ 0.16	$ (0.22)
Diluted earnings (loss) per common share	$ 0.16	$ (0.22)
HOST HOTELS & RESORTS L.P.
Earnings Per Share Diluted [Line Items]
Net income (loss)	$ 118	$ (153)
Less: Net (income) loss attributable to non-controlling interests	(1)	0
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 117	$ (153)
Basic weighted average shares outstanding	708.9	698
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	1.7	0
Diluted weighted average shares outstanding	710.6	698
Basic earnings (loss) per common share	$ 0.17	$ (0.22)
Diluted earnings (loss) per common share	$ 0.17	$ (0.22)

Revenue - Summary of Disaggrega

Revenue - Summary of Disaggregated Hotel Revenues by Market Locations (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation Of Revenue [Line Items]
Total revenues	$ 1,074	$ 399
Florida Gulf Coast
Disaggregation Of Revenue [Line Items]
Total revenues	131	81
Maui/Oahu
Disaggregation Of Revenue [Line Items]
Total revenues	116	44
Phoenix
Disaggregation Of Revenue [Line Items]
Total revenues	111	54
Orlando
Disaggregation Of Revenue [Line Items]
Total revenues	108	9
San Diego
Disaggregation Of Revenue [Line Items]
Total revenues	87	14
Miami
Disaggregation Of Revenue [Line Items]
Total revenues	83	56
San Francisco/San Jose
Disaggregation Of Revenue [Line Items]
Total revenues	52	11
New York
Disaggregation Of Revenue [Line Items]
Total revenues	50	11
Washington, D.C. (Central Business District)
Disaggregation Of Revenue [Line Items]
Total revenues	38	23
Jacksonville
Disaggregation Of Revenue [Line Items]
Total revenues	29	14
San Antonio
Disaggregation Of Revenue [Line Items]
Total revenues	27	7
Houston
Disaggregation Of Revenue [Line Items]
Total revenues	26	13
Los Angeles/Orange County
Disaggregation Of Revenue [Line Items]
Total revenues	25	10
Austin
Disaggregation Of Revenue [Line Items]
Total revenues	20	1
New Orleans
Disaggregation Of Revenue [Line Items]
Total revenues	20	3
Boston
Disaggregation Of Revenue [Line Items]
Total revenues	18	3
Chicago
Disaggregation Of Revenue [Line Items]
Total revenues	14	4
Atlanta
Disaggregation Of Revenue [Line Items]
Total revenues	13	11
Philadelphia
Disaggregation Of Revenue [Line Items]
Total revenues	13	5
Northern Virginia
Disaggregation Of Revenue [Line Items]
Total revenues	12	7
Denver
Disaggregation Of Revenue [Line Items]
Total revenues	12	3
Seattle
Disaggregation Of Revenue [Line Items]
Total revenues	10	2
Other
Disaggregation Of Revenue [Line Items]
Total revenues	51	11
United States
Disaggregation Of Revenue [Line Items]
Total revenues	1,066	397
International
Disaggregation Of Revenue [Line Items]
Total revenues	$ 8	$ 2

Summary of Property and Equipme

Summary of Property and Equipment (Detail) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Land and land improvements	$ 1,967	$ 2,310
Buildings and leasehold improvements	13,465	13,636
Furniture and equipment	2,172	2,225
Construction in progress	328	278
Property, Plant and Equipment, Gross, Total	17,932	18,449
Less accumulated depreciation and amortization	(8,336)	(8,455)
Property and equipment, net	$ 9,596	$ 9,994

Investments in Affiliates - Add

Investments in Affiliates - Additional Information (Detail) - USD ($) $ in Millions	Jan. 20, 2022	Mar. 31, 2022	Mar. 31, 2021
Investments in and Advances to Affiliates [Line Items]
Cash investments in affiliates		$ 44	$ 5
Noble Management Holdings LLC and Noble Investment Holdings LLC [Member]
Investments in and Advances to Affiliates [Line Items]
Cash investments in affiliates	$ 35
Business Combination, percentage of gross carried interest earned	40.00%
Investments in affiliates capital commitments	$ 150
Noble Management Holdings LLC and Noble Investment Holdings LLC [Member] | Maximum [Member]
Investments in and Advances to Affiliates [Line Items]
Business Combination, percentage of aggregate interest acquired	26.00%
Noble Management Holdings LLC and Noble Investment Holdings LLC [Member] | Noble Investment Group LLC
Investments in and Advances to Affiliates [Line Items]
Business Acquisition, Percentage of voting interests acquired	49.00%
Equity method investee potential future ownership percentage	100.00%
Noble Management Holdings LLC and Noble Investment Holdings LLC [Member] | Noble Investment Group LLC | Host L.P.
Investments in and Advances to Affiliates [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	$ 56

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Feb. 28, 2022	Mar. 31, 2022	Mar. 31, 2021
Debt Instrument [Line Items]
Repayments of Lines of Credit		$ 683	$ 0
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility remaining borrowing capacity		$ 1,500
Repayments of Lines of Credit	$ 683

Equity of Host Inc. and Capit_3

Equity of Host Inc. and Capital of Host L.P. - Components of Equity (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Stockholders Equity Note [Line Items]
Beginning Balance	$ 6,446	$ 6,326
Net income loss	116	(152)
Net income loss	117	(152)
Issuance of common stock for comprehensive stock plans, net	(9)	(4)
Dividends declared on common stock	(22)
Changes in ownership and other	(14)	(17)
Other comprehensive income/(loss)	7	(3)
Ending Balance	6,525	6,150
Common Stock
Stockholders Equity Note [Line Items]
Beginning Balance	7	7
Ending Balance	7	7
Additional Paid-in Capital
Stockholders Equity Note [Line Items]
Beginning Balance	7,702	7,568
Issuance of common stock for comprehensive stock plans, net	(9)	(4)
Changes in ownership and other	(13)	(17)
Ending Balance	7,680	7,547
Accumulated Other Comprehensive Income (Loss)
Stockholders Equity Note [Line Items]
Beginning Balance	(76)	(74)
Other comprehensive income/(loss)	7	(3)
Ending Balance	(69)	(77)
Retained Earnings / (Deficit)
Stockholders Equity Note [Line Items]
Beginning Balance	(1,192)	(1,180)
Net income loss	116	(152)
Dividends declared on common stock	(22)
Ending Balance	(1,098)	(1,332)
Non-redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	5	5
Net income loss	1
Changes in ownership and other	(1)
Ending Balance	5	5
Redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	126	108
Net income loss	1	(1)
Issuance of common OP units	56
Changes in ownership and other	20	17
Ending Balance	$ 203	$ 124

Equity of Host Inc. and Capit_4

Equity of Host Inc. and Capital of Host L.P. - Additional Information (Detail) $ / shares in Units, $ in Millions	Feb. 16, 2022$ / shares	Mar. 31, 2022USD ($)$ / sharesshares	Dec. 31, 2021
Stockholders Equity Note [Line Items]
Units issued | shares		0
Stock issuance remaining capacity | $		$ 460
Host L.P.
Stockholders Equity Note [Line Items]
Percentage of the common OP units		99.00%
HOST HOTELS & RESORTS L.P.
Stockholders Equity Note [Line Items]
Shares issuable upon conversion of one common OP unit		1.021494	1.021494
Cash dividend | $ / shares		$ 0.03064482
HOST HOTELS & RESORTS L.P. | Line Of Credit [Member] | Maximum
Stockholders Equity Note [Line Items]
Leverage ratio as calculated under the credit facility		7.25
HOST HOTELS & RESORTS, INC.
Stockholders Equity Note [Line Items]
Share repurchase program, shares repurchased | shares		0
Cash dividend | $ / shares	$ 0.03
HOST HOTELS & RESORTS, INC. | Maximum
Stockholders Equity Note [Line Items]
Stock Repurchase Program, Authorized Amount | $		$ 371

Equity of Host Inc. and Capit_5

Equity of Host Inc. and Capital of Host L.P. - Components of Capital (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Limited Partners Capital Account [Line Items]
Net income loss	$ 116	$ (152)
Net income loss	117	(152)
Other comprehensive income/(loss)	7	(3)
Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Other comprehensive income/(loss)	7	(3)
Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Net income loss	1
HOST HOTELS & RESORTS L.P.
Limited Partners Capital Account [Line Items]
Beginning Balance	6,446	6,326
Net income loss	117	(153)
Net income loss	117	(152)
Partners' Capital Account, Unit-based Payment Arrangement, Amount	(9)	(4)
Distributions declared on common OP units	(22)
Changes in ownership and other	(14)	(17)
Other comprehensive income/(loss)	7	(3)
Ending Balance	6,525	6,150
HOST HOTELS & RESORTS L.P. | General Partner
Limited Partners Capital Account [Line Items]
Beginning Balance	1	1
Ending Balance	1	1
HOST HOTELS & RESORTS L.P. | Limited Partner
Limited Partners Capital Account [Line Items]
Beginning Balance	6,516	6,394
Net income loss	116	(152)
Partners' Capital Account, Unit-based Payment Arrangement, Amount	(9)	(4)
Distributions declared on common OP units	(22)
Changes in ownership and other	(13)	(17)
Ending Balance	6,588	6,221
HOST HOTELS & RESORTS L.P. | Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Beginning Balance	(76)	(74)
Other comprehensive income/(loss)	7	(3)
Ending Balance	(69)	(77)
HOST HOTELS & RESORTS L.P. | Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Beginning Balance	5	5
Net income loss	1
Changes in ownership and other	(1)
Ending Balance	5	5
HOST HOTELS & RESORTS L.P. | Limited partnership interests of third parties
Limited Partners Capital Account [Line Items]
Beginning Balance	126	108
Net income loss	1	(1)
Common OP unit issuances	56
Changes in ownership and other	20	17
Ending Balance	$ 203	$ 124

Dispositions - Additional Infor

Dispositions - Additional Information (Detail) - USD ($) $ in Millions	Apr. 01, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net		$ 74	$ 3
Replacement reserve fund		163	$ 131	$ 144
Sheraton Boston Hotel [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net		233
Bridge Loan		163
Gain on disposition of assets		$ 12
Bridge loan interest rate		4.50%
Sheraton New York Times Square Hotel [Member] | Subsequent Event
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net	$ 373
Bridge Loan	250
Y V E Hotel Miami [Member] | Subsequent Event
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net	50
Replacement reserve fund	$ 1

Fair Value Measurements - Fair

Fair Value Measurements - Fair Values of Certain Financial Liabilities (Detail) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financial liabilities
Senior notes	$ 3,111	$ 3,109
Credit facility, including the term loans of $997	991	1,673
Mortgage debt	104	104
Quoted Prices in Active Markets for Identical Assets (Level 1) | Senior Notes
Financial liabilities
Senior notes (Level 1) and (Level 2), fair value	3,056	3,255
Significant Other Observable Inputs (Level 2)
Financial liabilities
Credit facility (Level 2), fair value	1,000	1,683
Significant Other Observable Inputs (Level 2) | Mortgage Debt
Financial liabilities
Senior notes (Level 1) and (Level 2), fair value	$ 102	$ 105

Geographic Information - Additi

Geographic Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2022CountrySegment
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	1
Non-US
Segment Reporting Information [Line Items]
Foreign operations, number of countries | Country	2

Geographic Information - Revenu

Geographic Information - Revenues and Long-lived Assets by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues	$ 1,074	$ 399
Property and equipment, net	9,596		$ 9,994
United States
Segment Reporting Information [Line Items]
Revenues	1,066	397
Property and equipment, net	9,517		9,919
Brazil
Segment Reporting Information [Line Items]
Revenues	4	1
Property and equipment, net	36		30
Canada
Segment Reporting Information [Line Items]
Revenues	4	$ 1
Property and equipment, net	$ 43		$ 45

Non-Controlling Interests - Add

Non-Controlling Interests - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)Entity	Dec. 31, 2021USD ($)
Minority Interest [Line Items]
Number of majority-owned partnerships that have third-party, non-controlling ownership interests that have been consolidated | Entity	2
Non-redeemable non-controlling interests - other consolidated partnerships | $	$ 5	$ 5
HOST HOTELS & RESORTS L.P.
Minority Interest [Line Items]
OP units conversion basis	One common OP unit may be exchanged for 1.021494 shares of Host Inc.
Shares issuable upon conversion of one OP unit	1.021494	1.021494

Historical Cost and Redemption

Historical Cost and Redemption Values for Non-Controlling Interests (Detail) $ / shares in Units, shares in Millions, $ in Millions		Mar. 31, 2022USD ($)$ / sharesshares	Dec. 31, 2021USD ($)$ / sharesshares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Book value (millions)		$ 203	$ 126
HOST HOTELS & RESORTS L.P.
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Common OP units outstanding (millions) | shares		10.2	7.1
Market price per Host Inc. common share | $ / shares		$ 19.43	$ 17.39
Shares issuable upon conversion of one common OP unit		1.021494	1.021494
Redemption value (millions)		$ 203	$ 126
Historical cost (millions)		97	66
Book value (millions)	[1]	$ 203	$ 126
[1]	The book value recorded is equal to the greater of redemption value or historical cost.

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Detail)	Mar. 31, 2022USD ($)
Other Litigation Cases | Maximum
Loss Contingencies [Line Items]
Loss contingency , estimate of possible loss	$ 150,000