Host Hotels & Resorts (HST) 10-Q 5 Aug 22 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 03, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
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		714,892,621
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		Jun. 30, 2022	Dec. 31, 2021
ASSETS
Property and equipment, net		$ 9,538	$ 9,994
Right-of-use assets		560	551
Assets held for sale		0	270
Due from managers		164	113
Advances to and investments in affiliates		126	42
Furniture, fixtures and equipment replacement fund		179	144
Notes receivable		413	0
Other		365	431
Cash and cash equivalents		699	807
Total assets		12,044	12,352
Debt
Senior notes		3,112	3,109
Credit facility, including the term loans of $997		992	1,673
Mortgage and other debt		108	109
Total debt		4,212	4,891
Lease liabilities		572	564
Accounts payable and accrued expenses		113	85
Due to managers		35	42
Other		167	198
Total liabilities		5,099	5,780
Partnership interests		163	126
Host Hotels & Resorts, Inc. stockholders’ equity:
Common stock, par value $.01, 1,050 million shares authorized, 714.9 million shares and 714.1 million shares issued and outstanding, respectively		7	7
Additional paid-in capital		7,729	7,702
Accumulated other comprehensive loss		(74)	(76)
Deficit		(885)	(1,192)
Total equity of Host Hotels & Resorts, Inc. stockholders		6,777	6,441
Non-redeemable non-controlling interests—other consolidated partnerships		5	5
Total equity		6,782	6,446
Total liabilities, non-controlling interests and equity		12,044	12,352
Host Hotels & Resorts, L.P. capital:
Accumulated other comprehensive loss		(74)	(76)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		6,782	6,446
HOST HOTELS & RESORTS L.P.
ASSETS
Property and equipment, net		9,538	9,994
Right-of-use assets		560	551
Assets held for sale		0	270
Due from managers		164	113
Advances to and investments in affiliates		126	42
Furniture, fixtures and equipment replacement fund		179	144
Notes receivable		413	0
Other		365	431
Cash and cash equivalents		699	807
Total assets		12,044	12,352
Debt
Senior notes		3,112	3,109
Credit facility, including the term loans of $997		992	1,673
Mortgage and other debt		108	109
Total debt		4,212	4,891
Lease liabilities		572	564
Accounts payable and accrued expenses		113	85
Due to managers		35	42
Other		167	198
Total liabilities		5,099	5,780
Partnership interests	[1]	163	126
Host Hotels & Resorts, Inc. stockholders’ equity:
Accumulated other comprehensive loss		(74)	(76)
Total equity		12,044	12,352
Host Hotels & Resorts, L.P. capital:
General partner		1	1
Limited partner		6,850	6,516
Accumulated other comprehensive loss		(74)	(76)
Total Host Hotels & Resorts, L.P. capital		6,777	6,441
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		12,044	12,352
Non-controlling interests—consolidated partnerships		5	5
Total capital		$ 6,782	$ 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	Jun. 30, 2022	Dec. 31, 2021
Credit facility	$ 992	$ 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	714,900,000	714,100,000
Common stock, shares outstanding	714,900,000	714,100,000
Term Loan
Credit facility	$ 998	$ 997

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUES
Revenues	$ 1,381	$ 649	$ 2,455	$ 1,048
EXPENSES
Other property-level expenses	78	79	162	157
Depreciation and amortization	162	169	334	334
Corporate and other expenses	25	25	48	49
Gain on insurance and business interruption settlements	(7)	0	(7)	0
Total operating costs and expenses	1,054	717	2,006	1,282
OPERATING PROFIT (LOSS)	327	(68)	449	(234)
Interest income	6	0	7	1
Interest expense	(37)	(43)	(73)	(85)
Other gains (losses)	1	3	14	2
Equity in earnings of affiliates	2	25	4	34
INCOME (LOSS) BEFORE INCOME TAXES	299	(83)	401	(282)
Benefit for income taxes	(39)	22	(23)	68
NET INCOME (LOSS)	260	(61)	378	(214)
Less: Net (income) loss attributable to non-controlling interests	(4)	1	(6)	2
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 256	$ (60)	$ 372	$ (212)
Basic earnings (loss) per common share	$ 0.36	$ (0.09)	$ 0.52	$ (0.30)
Diluted earnings (loss) per common share	$ 0.36	$ (0.09)	$ 0.52	$ (0.30)
HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	$ 1,381	$ 649	$ 2,455	$ 1,048
EXPENSES
Other property-level expenses	78	79	162	157
Depreciation and amortization	162	169	334	334
Corporate and other expenses	25	25	48	49
Gain on insurance and business interruption settlements	(7)	0	(7)	0
Total operating costs and expenses	1,054	717	2,006	1,282
OPERATING PROFIT (LOSS)	327	(68)	449	(234)
Interest income	6	0	7	1
Interest expense	(37)	(43)	(73)	(85)
Other gains (losses)	1	3	14	2
Equity in earnings of affiliates	2	25	4	34
INCOME (LOSS) BEFORE INCOME TAXES	299	(83)	401	(282)
Benefit for income taxes	(39)	22	(23)	68
NET INCOME (LOSS)	260	(61)	378	(214)
Less: Net (income) loss attributable to non-controlling interests	1	0	0	0
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 261	$ (61)	$ 378	$ (214)
Basic earnings (loss) per common share	$ 0.37	$ (0.09)	$ 0.53	$ (0.31)
Diluted earnings (loss) per common share	$ 0.37	$ (0.09)	$ 0.53	$ (0.31)
Rooms
REVENUES
Revenues	$ 850	$ 423	$ 1,505	$ 680
EXPENSES
Expenses	189	109	349	174
Rooms | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	850	423	1,505	680
EXPENSES
Expenses	189	109	349	174
Food and Beverage
REVENUES
Revenues	405	137	702	214
EXPENSES
Expenses	245	105	445	167
Food and Beverage | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	405	137	702	214
EXPENSES
Expenses	245	105	445	167
Other
REVENUES
Revenues	126	89	248	154
EXPENSES
Expenses	300	209	573	369
Other | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	126	89	248	154
EXPENSES
Expenses	300	209	573	369
Management fees
EXPENSES
Expenses	62	21	102	32
Management fees | HOST HOTELS & RESORTS L.P.
EXPENSES
Expenses	$ 62	$ 21	$ 102	$ 32

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
NET INCOME (LOSS)	$ 260	$ (61)	$ 378	$ (214)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	(6)	6	1	4
Change in fair value of derivative instruments	1	0	1	(1)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(5)	6	2	3
COMPREHENSIVE INCOME (LOSS)	255	(55)	380	(211)
Less: Comprehensive income (loss) attributable to non-controlling interests	(4)	1	(6)	2
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	251	(54)	374	(209)
HOST HOTELS & RESORTS L.P.
NET INCOME (LOSS)	260	(61)	378	(214)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	(6)	6	1	4
Change in fair value of derivative instruments	1	0	1	(1)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(5)	6	2	3
COMPREHENSIVE INCOME (LOSS)	255	(55)	380	(211)
Less: Comprehensive income (loss) attributable to non-controlling interests	1	0	0	0
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 256	$ (55)	$ 380	$ (211)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
OPERATING ACTIVITIES
Net income (loss)	$ 260	$ (61)	$ 378	$ (214)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:
Depreciation and amortization	162	169	334	334
Amortization of finance costs, discounts and premiums, net			5	5
Stock compensation expense			10	9
Other gains	(1)	(3)	(14)	(2)
Gain on property insurance settlement			(6)	0
Equity in earnings of affiliates	(2)	(25)	(4)	(34)
Change in due from/to managers			(53)	(71)
Distributions from investments in affiliates			20	4
Changes in other assets			43	(64)
Changes in other liabilities			(5)	(7)
Net cash provided by (used in) operating activities			708	(40)
INVESTING ACTIVITIES
Proceeds from sales of assets, net			217	6
Proceeds from loan receivable			0	9
Advances to and investments in affiliates			(44)	(8)
Acquisitions			0	(801)
Capital expenditures:
Renewals and replacements			(78)	(63)
Return on investment			(162)	(117)
Property insurance proceeds			7	0
Net cash used in investing activities			(60)	(974)
FINANCING ACTIVITIES
Financing costs			0	(3)
Repayment of credit facility			(683)	0
Mortgage debt and other prepayments and scheduled maturities			(1)	0
Issuance of common stock			0	138
Dividends on common stock			(21)	0
Other financing activities			(10)	(8)
Net cash provided by (used in) financing activities			(715)	127
Effects of exchange rate changes on cash held			(1)	2
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH			(68)	(885)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD			953	2,476
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	885	1,591	885	1,591
Supplemental disclosure of cash flow information:
Cash and cash equivalents	699	1,450	699	1,450
Restricted cash (included in other assets)	7	2	7	2
Furniture, fixtures and equipment replacement fund	179	139	179	139
Total cash and cash equivalents and restricted cash shown in the statements of cash flows	885	1,591	885	1,591
Total interest paid			69	83
Income tax refunds received			(7)	0
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
Net income (loss)	260	(61)	378	(214)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:
Depreciation and amortization	162	169	334	334
Amortization of finance costs, discounts and premiums, net			5	5
Stock compensation expense			10	9
Other gains	(1)	(3)	(14)	(2)
Gain on property insurance settlement			(6)	0
Equity in earnings of affiliates	(2)	(25)	(4)	(34)
Change in due from/to managers			(53)	(71)
Distributions from investments in affiliates			20	4
Changes in other assets			43	(64)
Changes in other liabilities			(5)	(7)
Net cash provided by (used in) operating activities			708	(40)
INVESTING ACTIVITIES
Proceeds from sales of assets, net			217	6
Proceeds from loan receivable			0	9
Advances to and investments in affiliates			(44)	(8)
Acquisitions			0	(801)
Capital expenditures:
Renewals and replacements			(78)	(63)
Return on investment			(162)	(117)
Property insurance proceeds			7	0
Net cash used in investing activities			(60)	(974)
FINANCING ACTIVITIES
Financing costs			0	(3)
Repayment of credit facility			(683)	0
Mortgage debt and other prepayments and scheduled maturities			(1)	0
Issuance of common OP units			0	138
Distributions on common OP units			(21)	0
Other financing activities			(10)	(8)
Net cash provided by (used in) financing activities			(715)	127
Effects of exchange rate changes on cash held			(1)	2
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH			(68)	(885)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD			953	2,476
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	885	1,591	885	1,591
Supplemental disclosure of cash flow information:
Cash and cash equivalents	699	1,450	699	1,450
Restricted cash (included in other assets)	7	2	7	2
Furniture, fixtures and equipment replacement fund	179	139	179	139
Total cash and cash equivalents and restricted cash shown in the statements of cash flows	$ 885	$ 1,591	885	1,591
Total interest paid			69	83
Income tax refunds received			(7)	$ 0
Four Seasons Resort Orlando
Noncash Investing And Financing Items [Abstract]
Advanced deposits received			24
Four Seasons Resort Orlando | HOST HOTELS & RESORTS L.P.
Noncash Investing And Financing Items [Abstract]
Advanced deposits received			$ 24
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
Sheraton New York Times Square Hotel
Noncash Investing And Financing Items [Abstract]
Notes receivable from sale of property			250
Sheraton New York Times Square Hotel | HOST HOTELS & RESORTS L.P.
Noncash Investing And Financing Items [Abstract]
Notes receivable from sale of property			$ 250

Supplemental Schedule of Noncas

Supplemental Schedule of Noncash Investing and Financing Activities	6 Months Ended
	Jun. 30, 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 sales of the Sheraton Boston Hotel in February 2022 and the Sheraton New York Times Square Hotel in April 2022, we issued bridge loans to the buyers for $ 163 million and $ 250 million, respectively. The proceeds received from the sales are net of the loans. In 2021, non-cash consideration for the acquisition of the Four Seasons Resort Orlando at Walt Disney World® Resort included the assumption of hotel-level liabilities of approximately $ 24 million, consisting primarily of advance deposits received
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 sales of the Sheraton Boston Hotel in February 2022 and the Sheraton New York Times Square Hotel in April 2022, we issued bridge loans to the buyers for $ 163 million and $ 250 million, respectively. The proceeds received from the sales are net of the loans. In 2021, non-cash consideration for the acquisition of the Four Seasons Resort Orlando at Walt Disney World® Resort included the assumption of hotel-level liabilities of approximately $ 24 million, consisting primarily of advance deposits received

Organization

Organization	6 Months Ended
	Jun. 30, 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 June 30, 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. 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 June 30, 2022, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries: Hotels United States 73 Brazil 3 Canada 2 Total 78

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 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 June 30, 2022, and the results of our operations for the quarter and year-to-date periods ended June 30, 2022 and 2021, respectively, and cash flows for the year-to-date periods ended June 30, 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. Notes Receivable At June 30, 2022, our notes receivable consists of bridge loans issued in connection with hotel sales. In conjunction with our dispositions, we may issue a bridge loan to the purchaser to facilitate the sale. These bridge loans are collateralized by the corresponding sold hotel and in the event of a default of the loan, we would seek to enforce our rights against the collateral in accordance with the terms of the loan agreement. The bridge loans are recorded at amortized cost, on an individual asset basis. We recognize interest as it is earned and include accrued interest receivable in other assets on the unaudited condensed consolidated balance sheets. We individually assess our notes receivable for credit losses quarterly and estimate any credit losses based on an analysis of several factors, primarily the value of the hotel collateral, as well as current economic conditions and historical trends.

Earnings (Loss) Per Common Shar

Earnings (Loss) Per Common Share (Unit)	6 Months Ended
	Jun. 30, 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 granted shares, 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 June 30, Year-to-date ended June 30, 2022 2021 2022 2021 Net income (loss) $ 260 $ ( 61 ) $ 378 $ ( 214 ) Less: Net (income) loss attributable to non-controlling interests ( 4 ) 1 ( 6 ) 2 Net income (loss) attributable to Host Inc. $ 256 $ ( 60 ) $ 372 $ ( 212 ) Basic weighted average shares outstanding 714.8 707.6 714.6 706.6 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 2.2 — 2.2 — Diluted weighted average shares outstanding 717.0 707.6 716.8 706.6 Basic earnings (loss) per common share $ 0.36 $ ( 0.09 ) $ 0.52 $ ( 0.30 ) Diluted earnings (loss) per common share $ 0.36 $ ( 0.09 ) $ 0.52 $ ( 0.30 ) The calculation of Host L.P. basic and diluted earnings (loss) per unit is shown below (in millions, except per unit amounts): Quarter ended June 30, Year-to-date ended June 30, 2022 2021 2022 2021 Net income (loss) $ 260 $ ( 61 ) $ 378 $ ( 214 ) Less: Net loss attributable to non-controlling interests 1 — — — Net income (loss) attributable to Host L.P. $ 261 $ ( 61 ) $ 378 $ ( 214 ) Basic weighted average units outstanding 710.0 699.9 709.5 699.0 Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market 2.2 — 2.1 — Diluted weighted average units outstanding 712.2 699.9 711.6 699.0 Basic earnings (loss) per common unit $ 0.37 $ ( 0.09 ) $ 0.53 $ ( 0.31 ) Diluted earnings (loss) per common unit $ 0.37 $ ( 0.09 ) $ 0.53 $ ( 0.31 )

Revenue

Revenue	6 Months Ended
	Jun. 30, 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 9 – 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 June 30, Year-to-date ended June 30, Location 2022 2021 2022 2021 Maui/Oahu $ 126 $ 98 $ 242 $ 142 Orlando 129 36 237 45 Florida Gulf Coast 100 85 231 166 Phoenix 101 63 212 117 San Diego 118 41 205 55 Miami 69 56 152 112 New York 93 25 143 36 San Francisco/San Jose 90 25 142 36 Washington, D.C. (Central Business District) 92 20 130 43 Jacksonville 39 29 68 43 Los Angeles/Orange County 35 29 60 39 Houston 31 19 57 32 San Antonio 29 12 56 19 Chicago 39 9 53 13 New Orleans 29 10 49 13 Boston 30 10 48 13 Austin 26 6 46 7 Seattle 27 5 37 7 Philadelphia 23 11 36 16 Denver 24 9 36 12 Northern Virginia 23 12 35 19 Atlanta 17 18 30 29 Other 72 18 123 29 Domestic 1,362 646 2,428 1,043 International 19 3 27 5 Total $ 1,381 $ 649 $ 2,455 $ 1,048

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	5. Property and Equipment Property and equipment consists of the following (in millions): June 30, 2022 December 31, 2021 Land and land improvements $ 1,965 $ 2,310 Buildings and leasehold improvements 13,537 13,636 Furniture and equipment 2,201 2,225 Construction in progress 287 278 17,990 18,449 Less accumulated depreciation and amortization ( 8,452 ) ( 8,455 ) $ 9,538 $ 9,994

Dispositions

Dispositions	6 Months Ended
	Jun. 30, 2022
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]
Dispositions	7. Dispositions During the second quarter, we sold the Sheraton New York Times Square Hotel for $ 373 million, including a $ 250 million bridge loan we provided to the buyer, and the YVE Hotel Miami for $ 50 million, including $ 1 million of FF&E funds retained by us. We recorded a gain on sale of $ 1 million during the second quarter. The gain on sale is included in other gains on the unaudited condensed consolidated statement of operations. The bridge loan for the Sheraton New York Times Square Hotel, which is included in notes receivable on our unaudited condensed consolidated balance sheets, has an initial interest rate of 5 % and an initial scheduled maturity date of October 18, 2022, which date may be extended by up to 18 months by the exercise of three 6-month extensions, each of which provides for an increase to the interest rate.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	8. Fair Value Measurements We did not elect the fair value measurement option for any of our financial assets or liabilities. The fair values of notes receivable, 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 assets and financial liabilities is shown below (in millions): June 30, 2022 December 31, 2021 Carrying Fair Value Carrying Fair Value Financial assets Notes receivable (Level 2) $ 413 $ 401 $ — $ — Financial liabilities Senior notes (Level 1) 3,112 2,832 3,109 3,255 Credit facility (Level 2) 992 1,000 1,673 1,683 Mortgage debt (Level 2) 103 99 104 105

Geographic Information

Geographic Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Geographic Information	9. 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 June 30, 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 June 30, Year-to-date ended June 30, June 30, December 31, 2022 2021 2022 2021 2022 2021 United States $ 1,362 $ 646 $ 2,428 $ 1,043 $ 9,466 $ 9,919 Brazil 3 1 7 2 31 30 Canada 16 2 20 3 41 45 Total $ 1,381 $ 649 $ 2,455 $ 1,048 $ 9,538 $ 9,994

Non-Controlling Interests

Non-Controlling Interests	6 Months Ended
	Jun. 30, 2022
Noncontrolling Interest [Abstract]
Non-Controlling Interests	10. 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.: June 30, 2022 December 31, 2021 Common OP units outstanding (millions) 10.2 7.1 Market price per Host Inc. common share $ 15.68 $ 17.39 Shares issuable upon conversion of one common OP unit 1.021494 1.021494 Redemption value (millions) $ 163 $ 126 Historical cost (millions) 100 66 Book value (millions) ⁽¹⁾ 163 126 ___________ (1) The book value recorded is equal to the greater of redemption value or historical cost. Other Consolidated Partnerships. As of June 30, 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 June 30, 2022 and December 31, 2021 .

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	11. 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 June 30, 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.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Notes Receivable	Notes Receivable At June 30, 2022, our notes receivable consists of bridge loans issued in connection with hotel sales. In conjunction with our dispositions, we may issue a bridge loan to the purchaser to facilitate the sale. These bridge loans are collateralized by the corresponding sold hotel and in the event of a default of the loan, we would seek to enforce our rights against the collateral in accordance with the terms of the loan agreement. The bridge loans are recorded at amortized cost, on an individual asset basis. We recognize interest as it is earned and include accrued interest receivable in other assets on the unaudited condensed consolidated balance sheets. We individually assess our notes receivable for credit losses quarterly and estimate any credit losses based on an analysis of several factors, primarily the value of the hotel collateral, as well as current economic conditions and historical trends.

Organization (Tables)

Organization (Tables)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidated Portfolio of Hotels by Location	As of June 30, 2022, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries: Hotels United States 73 Brazil 3 Canada 2 Total 78

Earnings (Loss) Per Common Sh_2

Earnings (Loss) Per Common Share (Unit) (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Year-to-date ended June 30, 2022 2021 2022 2021 Net income (loss) $ 260 $ ( 61 ) $ 378 $ ( 214 ) Less: Net (income) loss attributable to non-controlling interests ( 4 ) 1 ( 6 ) 2 Net income (loss) attributable to Host Inc. $ 256 $ ( 60 ) $ 372 $ ( 212 ) Basic weighted average shares outstanding 714.8 707.6 714.6 706.6 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 2.2 — 2.2 — Diluted weighted average shares outstanding 717.0 707.6 716.8 706.6 Basic earnings (loss) per common share $ 0.36 $ ( 0.09 ) $ 0.52 $ ( 0.30 ) Diluted earnings (loss) per common share $ 0.36 $ ( 0.09 ) $ 0.52 $ ( 0.30 )
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 June 30, Year-to-date ended June 30, 2022 2021 2022 2021 Net income (loss) $ 260 $ ( 61 ) $ 378 $ ( 214 ) Less: Net loss attributable to non-controlling interests 1 — — — Net income (loss) attributable to Host L.P. $ 261 $ ( 61 ) $ 378 $ ( 214 ) Basic weighted average units outstanding 710.0 699.9 709.5 699.0 Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market 2.2 — 2.1 — Diluted weighted average units outstanding 712.2 699.9 711.6 699.0 Basic earnings (loss) per common unit $ 0.37 $ ( 0.09 ) $ 0.53 $ ( 0.31 ) Diluted earnings (loss) per common unit $ 0.37 $ ( 0.09 ) $ 0.53 $ ( 0.31 )

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Year-to-date ended June 30, Location 2022 2021 2022 2021 Maui/Oahu $ 126 $ 98 $ 242 $ 142 Orlando 129 36 237 45 Florida Gulf Coast 100 85 231 166 Phoenix 101 63 212 117 San Diego 118 41 205 55 Miami 69 56 152 112 New York 93 25 143 36 San Francisco/San Jose 90 25 142 36 Washington, D.C. (Central Business District) 92 20 130 43 Jacksonville 39 29 68 43 Los Angeles/Orange County 35 29 60 39 Houston 31 19 57 32 San Antonio 29 12 56 19 Chicago 39 9 53 13 New Orleans 29 10 49 13 Boston 30 10 48 13 Austin 26 6 46 7 Seattle 27 5 37 7 Philadelphia 23 11 36 16 Denver 24 9 36 12 Northern Virginia 23 12 35 19 Atlanta 17 18 30 29 Other 72 18 123 29 Domestic 1,362 646 2,428 1,043 International 19 3 27 5 Total $ 1,381 $ 649 $ 2,455 $ 1,048

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): June 30, 2022 December 31, 2021 Land and land improvements $ 1,965 $ 2,310 Buildings and leasehold improvements 13,537 13,636 Furniture and equipment 2,201 2,225 Construction in progress 287 278 17,990 18,449 Less accumulated depreciation and amortization ( 8,452 ) ( 8,455 ) $ 9,538 $ 9,994

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Values of Certain Financial Assets and Financial Liabilities	The fair value of certain financial assets and financial liabilities is shown below (in millions): June 30, 2022 December 31, 2021 Carrying Fair Value Carrying Fair Value Financial assets Notes receivable (Level 2) $ 413 $ 401 $ — $ — Financial liabilities Senior notes (Level 1) 3,112 2,832 3,109 3,255 Credit facility (Level 2) 992 1,000 1,673 1,683 Mortgage debt (Level 2) 103 99 104 105

Geographic Information (Tables)

Geographic Information (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Year-to-date ended June 30, June 30, December 31, 2022 2021 2022 2021 2022 2021 United States $ 1,362 $ 646 $ 2,428 $ 1,043 $ 9,466 $ 9,919 Brazil 3 1 7 2 31 30 Canada 16 2 20 3 41 45 Total $ 1,381 $ 649 $ 2,455 $ 1,048 $ 9,538 $ 9,994

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	6 Months Ended
	Jun. 30, 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.: June 30, 2022 December 31, 2021 Common OP units outstanding (millions) 10.2 7.1 Market price per Host Inc. common share $ 15.68 $ 17.39 Shares issuable upon conversion of one common OP unit 1.021494 1.021494 Redemption value (millions) $ 163 $ 126 Historical cost (millions) 100 66 Book value (millions) ⁽¹⁾ 163 126 ___________ (1) The book value recorded is equal to the greater of redemption value or historical cost.

Organization - Additional Infor

Organization - Additional Information (Detail)	Jun. 30, 2022
Host L.P.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Percentage of the common OP units	99%

Consolidated Portfolio of Hotel

Consolidated Portfolio of Hotels by Location (Detail)	Jun. 30, 2022 Hotel
Real Estate Properties [Line Items]
Hotels	78
United States
Real Estate Properties [Line Items]
Hotels	73
Brazil
Real Estate Properties [Line Items]
Hotels	3
Canada
Real Estate Properties [Line Items]
Hotels	2

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Detail)	Jun. 30, 2022
Host L.P.
Significant Accounting Policies [Line Items]
Investment ownership percentage	99%

Earnings (Loss) Per Common Sh_3

Earnings (Loss) Per Common Share (Unit) - Additional Information (Detail) - HOST HOTELS & RESORTS, INC. shares in Millions	Jun. 30, 2022 shares
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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income (loss)	$ 260	$ (61)	$ 378	$ (214)
Less: Net (income) loss attributable to non-controlling interests	(4)	1	(6)	2
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 256	$ (60)	$ 372	$ (212)
Basic weighted average shares outstanding	714.8	707.6	714.6	706.6
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	2.2	0	2.2	0
Diluted weighted average shares outstanding	717	707.6	716.8	706.6
Basic earnings (loss) per common share	$ 0.36	$ (0.09)	$ 0.52	$ (0.30)
Diluted earnings (loss) per common share	$ 0.36	$ (0.09)	$ 0.52	$ (0.30)

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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share Diluted [Line Items]
Net income (loss)	$ 260	$ (61)	$ 378	$ (214)
Less: Net (income) loss attributable to non-controlling interests	(4)	1	(6)	2
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 256	$ (60)	$ 372	$ (212)
Basic weighted average shares outstanding	714.8	707.6	714.6	706.6
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	2.2	0	2.2	0
Diluted weighted average shares outstanding	717	707.6	716.8	706.6
Basic earnings (loss) per common share	$ 0.36	$ (0.09)	$ 0.52	$ (0.30)
Diluted earnings (loss) per common share	$ 0.36	$ (0.09)	$ 0.52	$ (0.30)
HOST HOTELS & RESORTS L.P.
Earnings Per Share Diluted [Line Items]
Net income (loss)	$ 260	$ (61)	$ 378	$ (214)
Less: Net (income) loss attributable to non-controlling interests	1	0	0	0
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ 261	$ (61)	$ 378	$ (214)
Basic weighted average shares outstanding	710	699.9	709.5	699
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	2.2	0	2.1	0
Diluted weighted average shares outstanding	712.2	699.9	711.6	699
Basic earnings (loss) per common share	$ 0.37	$ (0.09)	$ 0.53	$ (0.31)
Diluted earnings (loss) per common share	$ 0.37	$ (0.09)	$ 0.53	$ (0.31)

Revenue - Summary of Disaggrega

Revenue - Summary of Disaggregated Hotel Revenues by Market Locations (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation Of Revenue [Line Items]
Total revenues	$ 1,381	$ 649	$ 2,455	$ 1,048
Maui/Oahu
Disaggregation Of Revenue [Line Items]
Total revenues	126	98	242	142
Orlando
Disaggregation Of Revenue [Line Items]
Total revenues	129	36	237	45
Florida Gulf Coast
Disaggregation Of Revenue [Line Items]
Total revenues	100	85	231	166
Phoenix
Disaggregation Of Revenue [Line Items]
Total revenues	101	63	212	117
San Diego
Disaggregation Of Revenue [Line Items]
Total revenues	118	41	205	55
Miami
Disaggregation Of Revenue [Line Items]
Total revenues	69	56	152	112
New York
Disaggregation Of Revenue [Line Items]
Total revenues	93	25	143	36
San Francisco/San Jose
Disaggregation Of Revenue [Line Items]
Total revenues	90	25	142	36
Washington, D.C. (Central Business District)
Disaggregation Of Revenue [Line Items]
Total revenues	92	20	130	43
Jacksonville
Disaggregation Of Revenue [Line Items]
Total revenues	39	29	68	43
Los Angeles/Orange County
Disaggregation Of Revenue [Line Items]
Total revenues	35	29	60	39
Houston
Disaggregation Of Revenue [Line Items]
Total revenues	31	19	57	32
San Antonio
Disaggregation Of Revenue [Line Items]
Total revenues	29	12	56	19
Chicago
Disaggregation Of Revenue [Line Items]
Total revenues	39	9	53	13
New Orleans
Disaggregation Of Revenue [Line Items]
Total revenues	29	10	49	13
Boston
Disaggregation Of Revenue [Line Items]
Total revenues	30	10	48	13
Austin
Disaggregation Of Revenue [Line Items]
Total revenues	26	6	46	7
Seattle
Disaggregation Of Revenue [Line Items]
Total revenues	27	5	37	7
Philadelphia
Disaggregation Of Revenue [Line Items]
Total revenues	23	11	36	16
Denver
Disaggregation Of Revenue [Line Items]
Total revenues	24	9	36	12
Northern Virginia
Disaggregation Of Revenue [Line Items]
Total revenues	23	12	35	19
Atlanta
Disaggregation Of Revenue [Line Items]
Total revenues	17	18	30	29
Other
Disaggregation Of Revenue [Line Items]
Total revenues	72	18	123	29
United States
Disaggregation Of Revenue [Line Items]
Total revenues	1,362	646	2,428	1,043
International
Disaggregation Of Revenue [Line Items]
Total revenues	$ 19	$ 3	$ 27	$ 5

Summary of Property and Equipme

Summary of Property and Equipment (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Land and land improvements	$ 1,965	$ 2,310
Buildings and leasehold improvements	13,537	13,636
Furniture and equipment	2,201	2,225
Construction in progress	287	278
Property, Plant and Equipment, Gross, Total	17,990	18,449
Less accumulated depreciation and amortization	(8,452)	(8,455)
Property and equipment, net	$ 9,538	$ 9,994

Equity of Host Inc. and Capital

Equity of Host Inc. and Capital of Host L.P. - Components of Equity (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Stockholders Equity Note [Line Items]
Beginning Balance	$ 6,525	$ 6,150	$ 6,446	$ 6,326
Net income loss	256	(60)	372	(212)
Net income loss	255	(60)	372	(212)
Issuance of common stock for comprehensive stock plans, net	12	6	3	2
Dividends declared on common stock	(43)		(65)
Common stock issuances		138		138
Changes in ownership and other	38	(3)	24	(20)
Other comprehensive income/(loss)	(5)	6	2	3
Ending Balance	6,782	6,237	6,782	6,237
Common Stock
Stockholders Equity Note [Line Items]
Beginning Balance	7	7	7	7
Ending Balance	7	7	7	7
Additional Paid-in Capital
Stockholders Equity Note [Line Items]
Beginning Balance	7,680	7,547	7,702	7,568
Issuance of common stock for comprehensive stock plans, net	12	6	3	2
Common stock issuances		138		138
Changes in ownership and other	37	(3)	24	(20)
Ending Balance	7,729	7,688	7,729	7,688
Accumulated Other Comprehensive Income (Loss)
Stockholders Equity Note [Line Items]
Beginning Balance	(69)	(77)	(76)	(74)
Other comprehensive income/(loss)	(5)	6	2	3
Ending Balance	(74)	(71)	(74)	(71)
Retained Earnings / (Deficit)
Stockholders Equity Note [Line Items]
Beginning Balance	(1,098)	(1,332)	(1,192)	(1,180)
Net income loss	256	(60)	372	(212)
Dividends declared on common stock	(43)		(65)
Ending Balance	(885)	(1,392)	(885)	(1,392)
Non-redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	5	5	5	5
Net income loss	(1)	0
Changes in ownership and other	1	0
Ending Balance	5	5	5	5
Redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	203	124	126	108
Net income loss	5	(1)	6	(2)
Issuance of common OP units			56
Distributions to non-controlling interests	(1)		(1)
Changes in ownership and other	(44)	2	(24)	19
Ending Balance	$ 163	$ 125	$ 163	$ 125

Equity of Host Inc. and Capit_2

Equity of Host Inc. and Capital of Host L.P. - Additional Information (Detail) $ / shares in Units, $ in Millions			6 Months Ended
	Aug. 03, 2022 USD ($) $ / shares	May 04, 2022 $ / shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 USD ($)	Mar. 31, 2022	Dec. 31, 2021
Stockholders Equity Note [Line Items]
Net proceeds | $			$ 0	$ 138
Units issued | shares			0
Stock issuance remaining capacity | $			$ 460
Host L.P.
Stockholders Equity Note [Line Items]
Percentage of the common OP units			99%
HOST HOTELS & RESORTS L.P.
Stockholders Equity Note [Line Items]
Shares issuable upon conversion of one common OP unit			1.021494		1.021494	1.021494
Cash dividend | $ / shares			$ 0.06128964
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		$ 0.06
HOST HOTELS & RESORTS, INC. | Subsequent Event
Stockholders Equity Note [Line Items]
Cash dividend | $ / shares	$ 0.12
HOST HOTELS & RESORTS, INC. | Maximum
Stockholders Equity Note [Line Items]
Stock Repurchase Program, Authorized Amount | $	$ 1,000		$ 371

Equity of Host Inc. and Capit_3

Equity of Host Inc. and Capital of Host L.P. - Components of Capital (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Limited Partners Capital Account [Line Items]
Net income loss	$ 256	$ (60)	$ 372	$ (212)
Net income loss	255	(60)	372	(212)
Dividends declared on common stock	(43)		(65)
Other comprehensive income/(loss)	(5)	6	2	3
Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Other comprehensive income/(loss)	(5)	6	2	3
Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Net income loss	(1)	0
HOST HOTELS & RESORTS L.P.
Limited Partners Capital Account [Line Items]
Beginning Balance	6,525	6,150	6,446	6,326
Net income loss	261	(61)	378	(214)
Net income loss	255	(60)	372	(212)
Issuance of common OP units to Host Inc. for comprehensive stock plans, net	12	6	3	(2)
Distributions declared on common OP units	(43)		(65)
Common OP unit issuances		138		138
Changes in ownership and other	38	(3)	24	(20)
Other comprehensive income/(loss)	(5)	6	2	3
Ending Balance	6,782	6,237	6,782	6,237
HOST HOTELS & RESORTS L.P. | General Partner
Limited Partners Capital Account [Line Items]
Beginning Balance	1	1	1	1
Ending Balance	1	1	1	1
HOST HOTELS & RESORTS L.P. | Limited Partner
Limited Partners Capital Account [Line Items]
Beginning Balance	6,588	6,221	6,516	6,394
Net income loss	256	(60)	372	(212)
Issuance of common OP units to Host Inc. for comprehensive stock plans, net	12	6	3	(2)
Distributions declared on common OP units	43		(65)
Common OP unit issuances		138		138
Changes in ownership and other	37	(3)	24	(20)
Ending Balance	6,850	6,302	6,850	6,302
HOST HOTELS & RESORTS L.P. | Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Beginning Balance	(69)	(77)	(76)	(74)
Other comprehensive income/(loss)	(5)	6	2	3
Ending Balance	(74)	(71)	(74)	(71)
HOST HOTELS & RESORTS L.P. | Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Beginning Balance	5	5	5	5
Net income loss	(1)	0
Changes in ownership and other	1	0
Ending Balance	5	5	5	5
HOST HOTELS & RESORTS L.P. | Limited partnership interests of third parties
Limited Partners Capital Account [Line Items]
Beginning Balance	203	124	126	108
Net income loss	5	(1)	6	(2)
Distributions declared on common OP units	1		1
Common OP unit issuances			56
Changes in ownership and other	(44)	2	24	19
Ending Balance	$ 163	$ 125	$ 163	$ 125

Dispositions - Additional Infor

Dispositions - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 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		$ 217	$ 6
Replacement reserve fund	$ 179	179	$ 139	$ 144
Gain on disposition of assets	1
Sheraton New York Times Square Hotel [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net	373	373
Bridge Loan	$ 250	$ 250
Bridge loan interest rate	5%	5%
Y V E Hotel Miami [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net	$ 50	$ 50
Replacement reserve fund	$ 1	$ 1

Fair Value Measurements - Fair

Fair Value Measurements - Fair Values of Certain Financial Assets and Financial Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Financial assets
Notes receivable	$ 413	$ 0
Financial liabilities
Senior notes	3,112	3,109
Credit facility, including the term loans of $997	992	1,673
Mortgage debt	103	104
Quoted Prices in Active Markets for Identical Assets (Level 1) | Senior Notes
Financial liabilities
Senior notes (Level 1) and (Level 2), fair value	2,832	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) | Notes Receivable
Financial assets
Notes receivable (Level 2), fair value	401	0
Significant Other Observable Inputs (Level 2) | Mortgage Debt
Financial liabilities
Senior notes (Level 1) and (Level 2), fair value	$ 99	$ 105

Geographic Information - Additi

Geographic Information - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 Country Segment
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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues	$ 1,381	$ 649	$ 2,455	$ 1,048
Property and equipment, net	9,538		9,538		$ 9,994
United States
Segment Reporting Information [Line Items]
Revenues	1,362	646	2,428	1,043
Property and equipment, net	9,466		9,466		9,919
Brazil
Segment Reporting Information [Line Items]
Revenues	3	1	7	2
Property and equipment, net	31		31		30
Canada
Segment Reporting Information [Line Items]
Revenues	16	$ 2	20	$ 3
Property and equipment, net	$ 41		$ 41		$ 45

Non-Controlling Interests - Add

Non-Controlling Interests - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) Entity	Mar. 31, 2022	Dec. 31, 2021 USD ($)
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 common OP unit	1.021494	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		Jun. 30, 2022 USD ($) $ / shares shares	Mar. 31, 2022	Dec. 31, 2021 USD ($) $ / shares shares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Book value (millions)		$ 163		$ 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		$ 15.68		$ 17.39
Shares issuable upon conversion of one common OP unit		1.021494	1.021494	1.021494
Redemption value (millions)		$ 163		$ 126
Historical cost (millions)		100		66
Book value (millions)	[1]	$ 163		$ 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)	Jun. 30, 2022 USD ($)
Other Litigation Cases | Maximum
Loss Contingencies [Line Items]
Loss contingency , estimate of possible loss	$ 150,000