Host Hotels & Resorts (HST) 10-Q 8 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 06, 2020
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
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, $.01 par value
Trading Symbol	HST
Security Exchange Name	NYSE
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		704,958,969
HOST HOTELS & RESORTS L.P.
Document Information [Line Items]
Entity Registrant Name	HOST HOTELS & RESORTS, L.P.
Entity Central Index Key	0001061937
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, 2020	Dec. 31, 2019
ASSETS
Property and equipment, net		$ 9,628	$ 9,671
Right-of-use assets		598	595
Due from managers		37	63
Advances to and investments in affiliates		61	56
Furniture, fixtures and equipment replacement fund		165	176
Other		161	171
Cash and cash equivalents		2,796	1,573
Total assets		13,446	12,305
Debt
Senior notes		2,777	2,776
Credit facility, including term loans of $997		2,489	989
Other debt		29	29
Total debt		5,295	3,794
Lease liabilities		609	606
Accounts payable and accrued expenses		222	263
Other		166	175
Total liabilities		6,292	4,838
Partnership interests		84	142
Host Hotels & Resorts, Inc. stockholders’ equity:
Common stock, par value $.01, 1,050 million shares authorized, 704.9 million shares and 713.4 million shares issued and outstanding, respectively		7	7
Additional paid-in capital		7,580	7,675
Accumulated other comprehensive loss		(72)	(56)
Deficit		(451)	(307)
Total equity of Host Hotels & Resorts, Inc. stockholders		7,064	7,319
Non-redeemable non-controlling interests—other consolidated partnerships		6	6
Total equity		7,070	7,325
Total liabilities, non-controlling interests and equity		13,446	12,305
Host Hotels & Resorts, L.P. capital:
Accumulated other comprehensive loss		(72)	(56)
HOST HOTELS & RESORTS L.P.
ASSETS
Property and equipment, net		9,628	9,671
Right-of-use assets		598	595
Due from managers		37	63
Advances to and investments in affiliates		61	56
Furniture, fixtures and equipment replacement fund		165	176
Other		161	171
Cash and cash equivalents		2,796	1,573
Total assets		13,446	12,305
Debt
Senior notes		2,777	2,776
Credit facility, including term loans of $997		2,489	989
Other debt		29	29
Total debt		5,295	3,794
Lease liabilities		609	606
Accounts payable and accrued expenses		222	263
Other		166	175
Total liabilities		6,292	4,838
Partnership interests	[1]	84	142
Host Hotels & Resorts, Inc. stockholders’ equity:
Accumulated other comprehensive loss		(72)	(56)
Total liabilities, non-controlling interests and equity		13,446	12,305
Host Hotels & Resorts, L.P. capital:
General partner		1	1
Limited partner		7,135	7,374
Accumulated other comprehensive loss		(72)	(56)
Total Host Hotels & Resorts, L.P. capital		7,064	7,319
Non-controlling interests—consolidated partnerships		6	6
Total capital		$ 7,070	$ 7,325
[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, 2020	Dec. 31, 2019
Credit facility	$ 2,489	$ 989
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,050,000,000	1,050,000,000
Common stock, shares issued	704,900,000	713,400,000
Common stock, shares outstanding	704,900,000	713,400,000
Term Loan
Credit facility	$ 997	$ 997

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
REVENUES
Revenues	$ 1,052	$ 1,390
EXPENSES
Other property-level expenses	93	92
Depreciation and amortization	164	170
Corporate and other expenses	25	29
Total operating costs and expenses	1,063	1,174
OPERATING PROFIT (LOSS)	(11)	216
Interest income	6	8
Interest expense	(37)	(43)
Other gains/(losses)	(1)	5
Loss on foreign currency transactions and derivatives	(1)
Equity in earnings of affiliates	4	5
INCOME (LOSS) BEFORE INCOME TAXES	(40)	191
Benefit (provision) for income taxes	37	(2)
NET INCOME (LOSS)	(3)	189
Less: Net income attributable to non-controlling interests		(3)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	(3)	$ 186
Basic earnings per common share		$ 0.25
Diluted earnings per common share		$ 0.25
HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	1,052	$ 1,390
EXPENSES
Other property-level expenses	93	92
Depreciation and amortization	164	170
Corporate and other expenses	25	29
Total operating costs and expenses	1,063	1,174
OPERATING PROFIT (LOSS)	(11)	216
Interest income	6	8
Interest expense	(37)	(43)
Other gains/(losses)	(1)	5
Loss on foreign currency transactions and derivatives	(1)
Equity in earnings of affiliates	4	5
INCOME (LOSS) BEFORE INCOME TAXES	(40)	191
Benefit (provision) for income taxes	37	(2)
NET INCOME (LOSS)	(3)	189
Less: Net income attributable to non-controlling interests		(1)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	(3)	$ 188
Basic earnings per common share		$ 0.26
Diluted earnings per common share		$ 0.26
Rooms
REVENUES
Revenues	626	$ 857
EXPENSES
Expenses	187	217
Rooms | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	626	857
EXPENSES
Expenses	187	217
Food and Beverage
REVENUES
Revenues	330	433
EXPENSES
Expenses	245	285
Food and Beverage | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	330	433
EXPENSES
Expenses	245	285
Other
REVENUES
Revenues	96	100
EXPENSES
Expenses	319	327
Other | HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	96	100
EXPENSES
Expenses	319	327
Management Fees
EXPENSES
Expenses	30	54
Management Fees | HOST HOTELS & RESORTS L.P.
EXPENSES
Expenses	$ 30	$ 54

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
NET INCOME (LOSS)	$ (3)	$ 189
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	(19)
Change in fair value of derivative instruments	3	0
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(16)
COMPREHENSIVE INCOME (LOSS)	(19)	189
Less: Comprehensive (income) loss attributable to non-controlling interests		(3)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	(19)	186
HOST HOTELS & RESORTS L.P.
NET INCOME (LOSS)	(3)	189
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	(19)
Change in fair value of derivative instruments	3	0
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(16)
COMPREHENSIVE INCOME (LOSS)	(19)	189
Less: Comprehensive (income) loss attributable to non-controlling interests		(1)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (19)	$ 188

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
OPERATING ACTIVITIES
NET INCOME (LOSS)	$ (3)	$ 189
Adjustments to reconcile to cash provided by operations:
Depreciation and amortization	164	170
Amortization of finance costs, discounts and premiums, net	2	2
Stock compensation expense	3	4
Other (gains)/losses	1	(5)
(Gain) loss on foreign currency transactions and derivatives	1
Equity in earnings of affiliates	(4)	(5)
Change in due from managers	22	(76)
Changes in other assets	(18)	17
Changes in other liabilities	(11)	(89)
Net cash provided by operating activities	157	207
INVESTING ACTIVITIES
Proceeds from sales of assets, net	1	276
Proceeds from loan receivable	28
Advances to and investments in affiliates	(1)	(1)
Acquisitions		(593)
Capital expenditures:
Renewals and replacements	(55)	(58)
Return on investment	(76)	(52)
Net cash used in investing activities	(103)	(428)
FINANCING ACTIVITIES
Draws on credit facility	1,500
Common stock repurchase	(147)
Dividends on common stock	(179)	(186)
Distributions and payments to non-controlling interests	(2)	(70)
Other financing activities	(6)	(5)
Net cash provided by (used in) financing activities	1,166	(261)
Effects of exchange rate changes on cash held	(8)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	1,212	(482)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	1,750	1,756
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	2,962	1,274
Supplemental disclosure of cash flow information:
Cash and cash equivalents	2,796	1,082
Restricted cash (included in other assets)	1	1
Furniture, fixtures and equipment replacement fund	165	191
Total cash and cash equivalents and restricted cash shown on the statements of cash flows	2,962	1,274
Total interest paid	27	39
Income taxes paid	1	66
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
NET INCOME (LOSS)	(3)	189
Adjustments to reconcile to cash provided by operations:
Depreciation and amortization	164	170
Amortization of finance costs, discounts and premiums, net	2	2
Stock compensation expense	3	4
Other (gains)/losses	1	(5)
(Gain) loss on foreign currency transactions and derivatives	1
Equity in earnings of affiliates	(4)	(5)
Change in due from managers	22	(76)
Changes in other assets	(18)	17
Changes in other liabilities	(11)	(89)
Net cash provided by operating activities	157	207
INVESTING ACTIVITIES
Proceeds from sales of assets, net	1	276
Proceeds from loan receivable	28
Advances to and investments in affiliates	(1)	(1)
Acquisitions		(593)
Capital expenditures:
Renewals and replacements	(55)	(58)
Return on investment	(76)	(52)
Net cash used in investing activities	(103)	(428)
FINANCING ACTIVITIES
Draws on credit facility	1,500
Repurchase of common OP units	(147)
Distributions on common OP units	(181)	(188)
Distributions and payments to non-controlling interests		(68)
Other financing activities	(6)	(5)
Net cash provided by (used in) financing activities	1,166	(261)
Effects of exchange rate changes on cash held	(8)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	1,212	(482)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	1,750	1,756
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	2,962	1,274
Supplemental disclosure of cash flow information:
Cash and cash equivalents	2,796	1,082
Restricted cash (included in other assets)	1	1
Furniture, fixtures and equipment replacement fund	165	191
Total cash and cash equivalents and restricted cash shown on the statements of cash flows	2,962	1,274
Total interest paid	27	39
Income taxes paid	$ 1	66
Hotel South Beach [Member]
Supplemental disclosure of cash flow information:
Preferred units issued		23
Common units issued		3
Hotel South Beach [Member] | HOST HOTELS & RESORTS L.P.
Supplemental disclosure of cash flow information:
Preferred units issued		23
Common units issued		$ 3

Supplemental Schedule of Noncas

Supplemental Schedule of Noncash Investing and Financing Activities	3 Months Ended
	Mar. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Supplemental Schedule of Noncash Investing and Financing Activities	Supplemental schedule of noncash investing and financing activities: Non-cash consideration for the acquisition of the 1 Hotel South Beach in 2019 included the issuance of $23 million of Host L.P. preferred OP units and $3 million of Host L.P. common OP units. Supplemental schedule of noncash investing and financing activities: Non-cash consideration for the acquisition of the 1 Hotel South Beach in 2019 included the issuance of $23 million of Host L.P. preferred OP units and

Organization

Organization	3 Months Ended
	Mar. 31, 2020
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, 2020, Host Inc. holds approximately 99% of Host L.P.’s OP units. Liquidity and Management’s Plans Due to a significant decline in travel resulting from the global coronavirus (COVID-19) pandemic, we have suspended operations at 35 hotels currently and we may in the future suspend operations at additional hotels. The global impact of the pandemic has been rapidly evolving and, in the United States, certain states and cities, including most where we own properties, have reacted by instituting various restrictive measures such as quarantines, restrictions on travel, school closing, "stay at home" rules and restrictions on types of business that may continue to operate. As a result, the COVID-19 pandemic is negatively impacting almost every industry directly or indirectly and is having a severe impact on the U.S. lodging industry. The ongoing effects of COVID-19 on our operations and future bookings have had and will continue to have a material negative impact on our financial results and cash flows, and such negative impact may continue well after restrictive measures imposed by federal, state, local and other government authorities to contain the outbreak have been lifted. During the quarter, we drew down the entire $1.5 billion of capacity on the revolver portion of our credit facility as a precautionary measure in order to increase our cash position and preserve financial flexibility. We are taking further measures to improve our liquidity, including operating expense reductions, capital expenditures deferrals, substantially suspending future dividends and suspension of common stock repurchases. We have also reached agreements with our hotel managers to temporarily suspend furniture, fixture and equipment (“FF&E”) replacement fund contributions for our hotels and defer certain hotel initiatives and brand standards. We are currently in compliance with all our debt covenants and expect to remain so through the second quarter of 2020. Additionally, absent a breach of credit facility covenants, described below, we believe we have sufficient liquidity to fund cash flow shortfalls through the next twelve months. We also have no significant debt maturities until 2023. However, due to the current level of operations, we believe that it is probable we would breach certain of our credit facility covenants based on third quarter of 2020 results. Therefore, we are currently in discussions with the lenders under our credit facility to seek a waiver from these covenants. We note that over the past month several other companies in the lodging industry have already negotiated waivers under their agreements and have obtained, among other terms, waiver of their covenants for 12 months. Any covenant waiver may lead to increased costs, increased interest rates, additional restrictive covenants and other lender protections. If we were not able to obtain a waiver and an event of default were to occur, this could lead to the potential acceleration of amounts due under the credit facility as well as our senior notes. Notwithstanding our belief that we will be successful in obtaining a waiver under the credit facility, we continue to have ample access to other sources of liquidity including $2.5 billion of available cash as of April 30, 2020, access to capital markets, or we could choose to raise cash by selling hotel properties, although there can be no assurances we would be successful on terms favorable to us. Management’s primary mitigation plan to avoid a default under its credit facility is to obtain a waiver from its creditors. There can be no assurance that we will be able to obtain a waiver in a timely manner, or on acceptable terms, if at all. The failure to obtain a waiver, or otherwise repay the debt, could lead to an event of default which would have a material adverse effect on our financial condition, which gives rise to substantial doubt about our ability to continue as a going concern. Consolidated Portfolio As of March 31, 2020, 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, 2020
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, 2019. 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, 2020, and the results of our operations and cash flows for the quarters ended March 31, 2020 and 2019, respectively. Interim results are not necessarily indicative of full year performance because of the impact 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 the 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 settled only with assets of Host L.P.

Earnings Per Common Share (Unit

Earnings Per Common Share (Unit)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Common Share (Unit)	3. Earnings Per Common Share (Unit) Basic earnings 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 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 common OP 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 common OP units. No effect is shown for any securities that are anti-dilutive. We have 7.5 million common OP units, which are convertible into 7.6 million common shares, that are not included in Host Inc.’s calculation of earnings per share as their effect is not dilutive. The calculation of Host Inc. basic and diluted earnings per common share is shown below (in millions, except per share amounts): Quarter ended March 31, 2020 2019 Net income (loss) $ (3 ) $ 189 Less: Net income attributable to non-controlling interests — (3 ) Net income (loss) attributable to Host Inc. $ (3 ) $ 186 Basic weighted average shares outstanding 708.1 740.6 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market — 0.2 Diluted weighted average shares outstanding 708.1 740.8 Basic earnings per common share $ — $ .25 Diluted earnings per common share $ — $ .25 The calculation of Host L.P. basic and diluted earnings per unit is shown below (in millions, except per unit amounts): Quarter ended March 31, 2020 2019 Net income (loss) $ (3 ) $ 189 Less: Net income attributable to non-controlling interests — (1 ) Net income (loss) attributable to Host L.P. $ (3 ) $ 188 Basic weighted average units outstanding 700.7 732.5 Assuming distribution of common units to support shares granted under the comprehensive stock plans, less shares assumed purchased at market — 0.2 Diluted weighted average units outstanding 700.7 732.7 Basic earnings per common unit $ — $ .26 Diluted earnings per common unit $ — $ .26

Revenue

Revenue	3 Months Ended
	Mar. 31, 2020
Revenue From Contract With Customer [Abstract]
Revenue	4. Revenue Substantially all of 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 at our hotels, 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 division 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 March 31, Location 2020 2019 Florida Gulf Coast $ 109 $ 121 San Francisco/San Jose 106 135 Maui/Oahu 93 104 San Diego 87 129 Phoenix 83 109 New York 77 103 Miami 60 42 Washington, D.C. (Central Business District) 54 75 Orlando 53 70 Boston 35 54 Los Angeles 35 45 Atlanta 30 46 Houston 25 31 New Orleans 24 30 Northern Virginia 21 36 Jacksonville 19 28 Seattle 18 24 Orange County 17 30 San Antonio 17 31 Chicago 16 27 Denver 15 19 Philadelphia 13 18 Other 31 64 Domestic 1,038 1,371 International 14 19 Total $ 1,052 $ 1,390

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2020
Property Plant And Equipment [Abstract]
Property and Equipment	5. Property and Equipment Property and equipment consists of the following (in millions): March 31, 2020 December 31, 2019 Land and land improvements $ 2,058 $ 2,062 Buildings and leasehold improvements 13,406 13,308 Furniture and equipment 2,409 2,362 Construction in progress 228 262 18,101 17,994 Less accumulated depreciation and amortization (8,473 ) (8,323 ) $ 9,628 $ 9,671

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Debt	6. Debt Credit Facility. During the quarter, we drew the entire $1.5 billion of capacity on 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, 2020
Equity [Abstract]
Equity of Host Inc. and Capital of Host L.P.	7. 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, 2019 $ 7 $ 7,675 $ (56 ) $ (307 ) $ 6 $ 7,325 $ 142 Net loss — — — (3 ) — (3 ) — Issuance of common stock for comprehensive stock plans, net — (5 ) — — — (5 ) — Repurchase of common stock — (147 ) — — — (147 ) — Dividends declared on common stock — — — (141 ) — (141 ) — Distributions to non- controlling interests — — — — — — (2 ) Changes in ownership and other — 57 — — — 57 (56 ) Other comprehensive loss — — (16 ) — — (16 ) — Balance, March 31, 2020 $ 7 $ 7,580 $ (72 ) $ (451 ) $ 6 $ 7,070 $ 84 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, 2018 $ 7 $ 8,156 $ (59 ) $ (610 ) $ 72 $ 7,566 $ 128 Net income — — — 186 1 187 2 Issuance of common stock for comprehensive stock plans, net — (2 ) — — — (2 ) — Dividends declared on common stock — — — (148 ) — (148 ) — Distributions to non-controlling interests — — — — (67 ) (67 ) (2 ) Changes in ownership and other — (16 ) — (1 ) 1 (16 ) 19 Balance, March 31, 2019 $ 7 $ 8,138 $ (59 ) $ (573 ) $ 7 $ 7,520 $ 147 Capital of Host L.P. As of March 31, 2020, 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. 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, 2019 $ 1 $ 7,374 $ (56 ) $ 6 $ 7,325 $ 142 Net loss — (3 ) — — (3 ) — Issuance of common OP units to Host Inc. for comprehensive stock plans, net — (5 ) — — (5 ) — Repurchase of common OP units — (147 ) — — (147 ) — Distributions declared on common OP units — (141 ) — — (141 ) (2 ) Changes in ownership and other — 57 — — 57 (56 ) Other comprehensive income — — (16 ) — (16 ) — Balance, March 31, 2020 $ 1 $ 7,135 $ (72 ) $ 6 $ 7,070 $ 84 General Partner Limited Partner Accumulated Other Comprehensive Income (Loss) Non-controlling interests Total capital Limited partnership interests of third parties Balance, December 31, 2018 $ 1 $ 7,552 $ (59 ) $ 72 $ 7,566 $ 128 Net income — 186 — 1 187 2 Issuance of common OP units to Host Inc. for comprehensive stock plans, net — (2 ) — — (2 ) — Distributions declared on common OP units — (148 ) — — (148 ) (2 ) Distributions to non-controlling interests — — — (67 ) (67 ) — Changes in ownership and other — (17 ) — 1 (16 ) 19 Balance, March 31, 2019 $ 1 $ 7,571 $ (59 ) $ 7 $ 7,520 $ 147 Share Repurchases As of March 31, 2020, we have $371 million available for repurchase under our common share repurchase program. During the first quarter of 2020, we repurchased 8.9 million shares at an average price of $16.49 per share, exclusive of commissions, through our common share repurchase program for a total of $147 million. Dividends/Distributions On February 19, 2020, Host Inc.’s Board of Directors declared a regular quarterly cash dividend of $0.20 per share on its common stock. The dividend was paid on April 15, 2020 to stockholders of record as of March 31, 2020. Accordingly, Host L.P. made a distribution of $0.2042988 per unit on its common OP units based on the current conversion ratio.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
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 liabilities. The fair values of our secured debt and our credit facility are determined based on 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, 2020 December 31, 2019 Carrying Amount Fair Value Carrying Amount Fair Value Financial liabilities Senior notes (Level 1) $ 2,777 $ 2,490 $ 2,776 $ 2,953 Credit facility (Level 2) 2,489 2,426 989 1,000

Geographic Information

Geographic Information	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Geographic Information	9. Geographic Information We consider each of our hotels to be an operating segment, none of which meets the threshold for a reportable segment. We also allocate resources and assess operating performance based on individual hotels. All of our other real estate investment activities (primarily office buildings) are immaterial and, with our operating segments, meet the aggregation criteria. Accordingly, we report one reportable segment: hotel ownership. Our consolidated foreign operations consist of hotels in two countries as of March 31, 2020. 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, 2020 2019 2020 2019 United States $ 1,038 $ 1,371 $ 9,543 $ 9,570 Brazil 4 6 35 45 Canada 10 13 50 56 Total $ 1,052 $ 1,390 $ 9,628 $ 9,671

Non-Controlling Interests

Non-Controlling Interests	3 Months Ended
	Mar. 31, 2020
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 non-controlling interests of Host L.P. each period so that the amount presented equals the greater of their carrying amount based on accumulated historical cost or their 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 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 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: March 31, 2020 December 31, 2019 Common OP units outstanding (millions) 7.5 7.5 Market price per Host Inc. common share $ 11.04 $ 18.55 Shares issuable upon conversion of one common OP unit 1.021494 1.021494 Redemption value (millions) $ 84 $ 142 Historical cost (millions) 77 79 Book value (millions) (1) 84 142 ___________ (1) The book value recorded is equal to the greater of redemption value or historical cost. Other Consolidated Partnerships. 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 $6 million as of March 31, 2020 and December 31, 2019.

Legal Proceedings

Legal Proceedings	3 Months Ended
	Mar. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings	11. Legal Proceedings We are involved in various legal proceedings in the normal 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 currently are involved or of which we are aware and our experience in resolving similar claims in the past, we have recorded minimal accruals as of March 31, 2020 related to such claims. We have estimated that, in the aggregate, our losses related to these proceedings would 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, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Consolidated Portfolio of Hotels by Location	As of March 31, 2020, 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 Per Common Share (Un_2

Earnings Per Common Share (Unit) (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Common Share (Unit)	The calculation of Host Inc. basic and diluted earnings per common share is shown below (in millions, except per share amounts): Quarter ended March 31, 2020 2019 Net income (loss) $ (3 ) $ 189 Less: Net income attributable to non-controlling interests — (3 ) Net income (loss) attributable to Host Inc. $ (3 ) $ 186 Basic weighted average shares outstanding 708.1 740.6 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market — 0.2 Diluted weighted average shares outstanding 708.1 740.8 Basic earnings per common share $ — $ .25 Diluted earnings per common share $ — $ .25
HOST HOTELS & RESORTS L.P.
Earnings Per Common Share (Unit)	The calculation of Host L.P. basic and diluted earnings per unit is shown below (in millions, except per unit amounts): Quarter ended March 31, 2020 2019 Net income (loss) $ (3 ) $ 189 Less: Net income attributable to non-controlling interests — (1 ) Net income (loss) attributable to Host L.P. $ (3 ) $ 188 Basic weighted average units outstanding 700.7 732.5 Assuming distribution of common units to support shares granted under the comprehensive stock plans, less shares assumed purchased at market — 0.2 Diluted weighted average units outstanding 700.7 732.7 Basic earnings per common unit $ — $ .26 Diluted earnings per common unit $ — $ .26

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue From Contract With Customer [Abstract]
Summary of Disaggregated Hotel Revenues by Market Location	Disaggregation of Revenues. While we do not consider the following division 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 March 31, Location 2020 2019 Florida Gulf Coast $ 109 $ 121 San Francisco/San Jose 106 135 Maui/Oahu 93 104 San Diego 87 129 Phoenix 83 109 New York 77 103 Miami 60 42 Washington, D.C. (Central Business District) 54 75 Orlando 53 70 Boston 35 54 Los Angeles 35 45 Atlanta 30 46 Houston 25 31 New Orleans 24 30 Northern Virginia 21 36 Jacksonville 19 28 Seattle 18 24 Orange County 17 30 San Antonio 17 31 Chicago 16 27 Denver 15 19 Philadelphia 13 18 Other 31 64 Domestic 1,038 1,371 International 14 19 Total $ 1,052 $ 1,390

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2020
Property Plant And Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): March 31, 2020 December 31, 2019 Land and land improvements $ 2,058 $ 2,062 Buildings and leasehold improvements 13,406 13,308 Furniture and equipment 2,409 2,362 Construction in progress 228 262 18,101 17,994 Less accumulated depreciation and amortization (8,473 ) (8,323 ) $ 9,628 $ 9,671

Equity of Host Inc. and Capit_2

Equity of Host Inc. and Capital of Host L.P. (Tables)	3 Months Ended
	Mar. 31, 2020
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, 2019 $ 7 $ 7,675 $ (56 ) $ (307 ) $ 6 $ 7,325 $ 142 Net loss — — — (3 ) — (3 ) — Issuance of common stock for comprehensive stock plans, net — (5 ) — — — (5 ) — Repurchase of common stock — (147 ) — — — (147 ) — Dividends declared on common stock — — — (141 ) — (141 ) — Distributions to non- controlling interests — — — — — — (2 ) Changes in ownership and other — 57 — — — 57 (56 ) Other comprehensive loss — — (16 ) — — (16 ) — Balance, March 31, 2020 $ 7 $ 7,580 $ (72 ) $ (451 ) $ 6 $ 7,070 $ 84 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, 2018 $ 7 $ 8,156 $ (59 ) $ (610 ) $ 72 $ 7,566 $ 128 Net income — — — 186 1 187 2 Issuance of common stock for comprehensive stock plans, net — (2 ) — — — (2 ) — Dividends declared on common stock — — — (148 ) — (148 ) — Distributions to non-controlling interests — — — — (67 ) (67 ) (2 ) Changes in ownership and other — (16 ) — (1 ) 1 (16 ) 19 Balance, March 31, 2019 $ 7 $ 8,138 $ (59 ) $ (573 ) $ 7 $ 7,520 $ 147
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, 2019 $ 1 $ 7,374 $ (56 ) $ 6 $ 7,325 $ 142 Net loss — (3 ) — — (3 ) — Issuance of common OP units to Host Inc. for comprehensive stock plans, net — (5 ) — — (5 ) — Repurchase of common OP units — (147 ) — — (147 ) — Distributions declared on common OP units — (141 ) — — (141 ) (2 ) Changes in ownership and other — 57 — — 57 (56 ) Other comprehensive income — — (16 ) — (16 ) — Balance, March 31, 2020 $ 1 $ 7,135 $ (72 ) $ 6 $ 7,070 $ 84 General Partner Limited Partner Accumulated Other Comprehensive Income (Loss) Non-controlling interests Total capital Limited partnership interests of third parties Balance, December 31, 2018 $ 1 $ 7,552 $ (59 ) $ 72 $ 7,566 $ 128 Net income — 186 — 1 187 2 Issuance of common OP units to Host Inc. for comprehensive stock plans, net — (2 ) — — (2 ) — Distributions declared on common OP units — (148 ) — — (148 ) (2 ) Distributions to non-controlling interests — — — (67 ) (67 ) — Changes in ownership and other — (17 ) — 1 (16 ) 19 Balance, March 31, 2019 $ 1 $ 7,571 $ (59 ) $ 7 $ 7,520 $ 147

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Values of Certain Financial Liabilities and Other Financial Instruments	The fair value of certain financial liabilities is shown below (in millions): March 31, 2020 December 31, 2019 Carrying Amount Fair Value Carrying Amount Fair Value Financial liabilities Senior notes (Level 1) $ 2,777 $ 2,490 $ 2,776 $ 2,953 Credit facility (Level 2) 2,489 2,426 989 1,000

Geographic Information (Tables)

Geographic Information (Tables)	3 Months Ended
	Mar. 31, 2020
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, 2020 2019 2020 2019 United States $ 1,038 $ 1,371 $ 9,543 $ 9,570 Brazil 4 6 35 45 Canada 10 13 50 56 Total $ 1,052 $ 1,390 $ 9,628 $ 9,671

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	3 Months Ended
	Mar. 31, 2020
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: March 31, 2020 December 31, 2019 Common OP units outstanding (millions) 7.5 7.5 Market price per Host Inc. common share $ 11.04 $ 18.55 Shares issuable upon conversion of one common OP unit 1.021494 1.021494 Redemption value (millions) $ 84 $ 142 Historical cost (millions) 77 79 Book value (millions) (1) 84 142 ___________ (1) The book value recorded is equal to the greater of redemption value or historical cost.

Organization - Additional Infor

Organization - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)Hotel	Apr. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Mar. 31, 2019USD ($)
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Draws on credit facility	$ 1,500
Available cash	$ 2,796		$ 1,573	$ 1,082
COVID - 19 [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels suspends operations | Hotel	35
Available cash		$ 2,500
Revolving Credit Facility [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Draws on credit facility	$ 1,500
Revolving Credit Facility [Member] | COVID - 19 [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Draws on credit facility	$ 1,500
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, 2020Hotel
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, 2020
Host L.P.
Significant Accounting Policies [Line Items]
Investment ownership percentage	99.00%

Earnings Per Common Share (Un_3

Earnings Per Common Share (Unit) - Additional Information (Detail) - HOST HOTELS & RESORTS, INC. shares in Millions	3 Months Ended
	Mar. 31, 2020shares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Common OP units outstanding	7.5
Number of common shares that would be outstanding if OP units were converted	7.6

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, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
NET INCOME (LOSS)	$ (3)	$ 189
Less: Net income attributable to non-controlling interests		(3)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (3)	$ 186
Basic weighted average shares outstanding	708.1	740.6
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.2
Diluted weighted average shares/units outstanding	708.1	740.8
Basic earnings per common share		$ 0.25
Diluted earnings per common share		$ 0.25

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, 2020	Mar. 31, 2019
Earnings Per Share Diluted [Line Items]
NET INCOME (LOSS)	$ (3)	$ 189
Less: Net income attributable to non-controlling interests		(3)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (3)	$ 186
Basic weighted average shares outstanding	708.1	740.6
Assuming distribution of common units to support shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.2
Diluted weighted average shares/units outstanding	708.1	740.8
Basic earnings per common share		$ 0.25
Diluted earnings per common share		$ 0.25
HOST HOTELS & RESORTS L.P.
Earnings Per Share Diluted [Line Items]
NET INCOME (LOSS)	$ (3)	$ 189
Less: Net income attributable to non-controlling interests		(1)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (3)	$ 188
Basic weighted average shares outstanding	700.7	732.5
Assuming distribution of common units to support shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.2
Diluted weighted average shares/units outstanding	700.7	732.7
Basic earnings per common share		$ 0.26
Diluted earnings per common share		$ 0.26

Summary of Hotel Revenues by Ma

Summary of Hotel Revenues by Market Locations (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation Of Revenue [Line Items]
Total revenues	$ 1,052	$ 1,390
San Diego
Disaggregation Of Revenue [Line Items]
Total revenues	87	129
San Francisco/San Jose
Disaggregation Of Revenue [Line Items]
Total revenues	106	135
New York
Disaggregation Of Revenue [Line Items]
Total revenues	77	103
Maui/Oahu
Disaggregation Of Revenue [Line Items]
Total revenues	93	104
Washington, D.C. (Central Business District)
Disaggregation Of Revenue [Line Items]
Total revenues	54	75
Florida Gulf Coast
Disaggregation Of Revenue [Line Items]
Total revenues	109	121
Phoenix
Disaggregation Of Revenue [Line Items]
Total revenues	83	109
Boston
Disaggregation Of Revenue [Line Items]
Total revenues	35	54
Orlando
Disaggregation Of Revenue [Line Items]
Total revenues	53	70
Los Angeles
Disaggregation Of Revenue [Line Items]
Total revenues	35	45
Chicago
Disaggregation Of Revenue [Line Items]
Total revenues	16	27
Miami
Disaggregation Of Revenue [Line Items]
Total revenues	60	42
Atlanta
Disaggregation Of Revenue [Line Items]
Total revenues	30	46
Northern Virginia
Disaggregation Of Revenue [Line Items]
Total revenues	21	36
Seattle
Disaggregation Of Revenue [Line Items]
Total revenues	18	24
Houston
Disaggregation Of Revenue [Line Items]
Total revenues	25	31
Orange County
Disaggregation Of Revenue [Line Items]
Total revenues	17	30
San Antonio
Disaggregation Of Revenue [Line Items]
Total revenues	17	31
New Orleans
Disaggregation Of Revenue [Line Items]
Total revenues	24	30
Jacksonville
Disaggregation Of Revenue [Line Items]
Total revenues	19	28
Denver
Disaggregation Of Revenue [Line Items]
Total revenues	15	19
Philadelphia
Disaggregation Of Revenue [Line Items]
Total revenues	13	18
Other
Disaggregation Of Revenue [Line Items]
Total revenues	31	64
United States
Disaggregation Of Revenue [Line Items]
Total revenues	1,038	1,371
International
Disaggregation Of Revenue [Line Items]
Total revenues	$ 14	$ 19

Summary of Property and Equipme

Summary of Property and Equipment (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Property Plant And Equipment [Abstract]
Land and land improvements	$ 2,058	$ 2,062
Buildings and leasehold improvements	13,406	13,308
Furniture and equipment	2,409	2,362
Construction in progress	228	262
Property, Plant and Equipment, Gross, Total	18,101	17,994
Less accumulated depreciation and amortization	(8,473)	(8,323)
Property and equipment, net	$ 9,628	$ 9,671

Debt - Additional Information (

Debt - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Debt Instrument [Line Items]
Draws on credit facility	$ 1,500
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Draws on credit facility	$ 1,500

Components of Equity (Detail)

Components of Equity (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Stockholders Equity Note [Line Items]
Beginning Balance	$ 7,325	$ 7,566
Net income (loss)	(3)	186
Net income (loss)	(3)	187
Issuance of common stock for comprehensive stock plans, net	(5)	(2)
Repurchase of common stock	(147)
Dividends declared on common stock	(141)	(148)
Distributions to non- controlling interests		(67)
Changes in ownership and other	57	(16)
Other comprehensive income/(loss)	(16)
Ending Balance	7,070	7,520
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	7,675	8,156
Issuance of common stock for comprehensive stock plans, net	(5)	(2)
Repurchase of common stock	(147)
Changes in ownership and other	57	(16)
Ending Balance	7,580	8,138
Accumulated Other Comprehensive Income (Loss)
Stockholders Equity Note [Line Items]
Beginning Balance	(56)	(59)
Other comprehensive income/(loss)	(16)
Ending Balance	(72)	(59)
Retained Earnings / (Deficit)
Stockholders Equity Note [Line Items]
Beginning Balance	(307)	(610)
Net income (loss)	(3)	186
Dividends declared on common stock	(141)	(148)
Changes in ownership and other		(1)
Ending Balance	(451)	(573)
Non-redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	6	72
Net income (loss)		1
Distributions to non- controlling interests		(67)
Changes in ownership and other		1
Ending Balance	6	7
Redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	142	128
Net income (loss)		2
Distributions to non- controlling interests	(2)	(2)
Changes in ownership and other	(56)	19
Ending Balance	$ 84	$ 147

Equity of Host Inc. and Capit_3

Equity of Host Inc. and Capital of Host L.P. - Additional Information (Detail) $ / shares in Units, shares in Millions, $ in Millions	Feb. 19, 2020$ / shares	Mar. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2019
Stockholders Equity Note [Line Items]
Share repurchase program, value		$ 147
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
Share repurchase program, value		$ 147
Common OP units, distribution paid | $ / shares		$ 0.2042988
HOST HOTELS & RESORTS, INC.
Stockholders Equity Note [Line Items]
Share repurchase program, shares repurchased | shares		8.9
Share repurchase program, average price per share | $ / shares		$ 16.49
Share repurchase program, value		$ 147
Stock Repurchase Program, Authorized Amount		$ 371
Dividend declaration date	Feb. 19, 2020
Dividend per share, declared | $ / shares	$ 0.20
Dividend paid date	Apr. 15, 2020
Dividend record date	Mar. 31, 2020

Components of Capital (Detail)

Components of Capital (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Limited Partners Capital Account [Line Items]
Net income (loss)	$ (3)	$ 186
Net income (loss)	(3)	187
Issuance of common stock for comprehensive stock plans, net	(5)	(2)
Repurchase of common OP units	(147)
Distributions to non- controlling interests		(67)
Other comprehensive income/(loss)	(16)
Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Other comprehensive income/(loss)	(16)
Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Net income (loss)		1
Distributions to non- controlling interests		(67)
HOST HOTELS & RESORTS L.P.
Limited Partners Capital Account [Line Items]
Beginning Balance	7,325	7,566
Net income (loss)	(3)	188
Net income (loss)	(3)	187
Issuance of common stock for comprehensive stock plans, net	(5)	(2)
Repurchase of common OP units	(147)
Distributions declared on common OP units	(141)	(148)
Distributions to non- controlling interests		(67)
Changes in ownership and other	57	(16)
Other comprehensive income/(loss)	(16)
Ending Balance	7,070	7,520
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	7,374	7,552
Net income (loss)	(3)	186
Issuance of common stock for comprehensive stock plans, net	(5)	(2)
Repurchase of common OP units	(147)
Distributions declared on common OP units	(141)	(148)
Changes in ownership and other	57	(17)
Ending Balance	7,135	7,571
HOST HOTELS & RESORTS L.P. | Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Beginning Balance	(56)	(59)
Other comprehensive income/(loss)	(16)
Ending Balance	(72)	(59)
HOST HOTELS & RESORTS L.P. | Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Beginning Balance	6	72
Net income (loss)		1
Distributions to non- controlling interests		(67)
Changes in ownership and other		1
Ending Balance	6	7
HOST HOTELS & RESORTS L.P. | Limited partnership interests of third parties
Limited Partners Capital Account [Line Items]
Beginning Balance	142	128
Net income (loss)		2
Distributions declared on common OP units	(2)	(2)
Changes in ownership and other	(56)	19
Ending Balance	$ 84	$ 147

Fair Values of Certain Financia

Fair Values of Certain Financial Liabilities and Other Financial Instruments (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Financial liabilities
Senior notes	$ 2,777	$ 2,776
Credit facility, carrying value	2,489	989
Quoted Prices in Active Markets for Identical Assets (Level 1) | Senior Notes
Financial liabilities
Senior notes (Level 1), fair value	2,490	2,953
Significant Other Observable Inputs (Level 2)
Financial liabilities
Credit facility (Level 2), fair value	$ 2,426	$ 1,000

Geographic Information - Additi

Geographic Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2020SegmentCountry
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

Revenues and Long-Lived Assets

Revenues and Long-Lived Assets by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenues	$ 1,052	$ 1,390
Property and equipment, net	9,628		$ 9,671
United States
Segment Reporting Information [Line Items]
Revenues	1,038	1,371
Property and equipment, net	9,543		9,570
Brazil
Segment Reporting Information [Line Items]
Revenues	4	6
Property and equipment, net	35		45
Canada
Segment Reporting Information [Line Items]
Revenues	10	$ 13
Property and equipment, net	$ 50		$ 56

Non-Controlling Interests - Add

Non-Controlling Interests - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)Entity	Dec. 31, 2019USD ($)
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 | $	$ 6	$ 6
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, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Book value (millions)		$ 84	$ 142
HOST HOTELS & RESORTS L.P.
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Common OP units outstanding (millions) | shares		7.5	7.5
Market price per Host Inc. common share | $ / shares		$ 11.04	$ 18.55
Shares issuable upon conversion of one common OP unit		1.021494	1.021494
Redemption value (millions)		$ 84	$ 142
Historical cost (millions)		77	79
Book value (millions)	[1]	$ 84	$ 142
[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, 2020USD ($)
Other Litigation Cases | Upper Limit
Loss Contingencies [Line Items]
Loss contingency , estimate of possible loss	$ 150,000