Host Hotels & Resorts

Host Hotels & Resorts (formerly Host Marriott Corporation) is an American real estate company (REIT ) based in North Bethesda (Maryland ), which specializes in the acquisition and possession of luxury hotels. The Company is a public company (NYSE: HST ). Today, it is the 502 of the 1,000 largest U.S. companies that are listed in the Fortune magazine (2006) Fortune 1000 list as well as the world's largest owners of hotels. It was founded in 1993 after the splitting of the Marriott Corporation in two separate and independent companies. While Marriott International Inc. for the conduct and manage of all Marriott brand was established, the Host Marriott Corporation, a U.S. real estate company. Currently, there are 134 houses owned by the company that are located in Canada, Chile, Mexico, Great Britain, Poland, Spain and Italy and are managed in the franchising process of various hospitality companies.

History

In October 1993, the Marriott Corporation split into two companies, in the Marriott International, Inc. and Host Marriott Corporation. After the split, the company owned by 140 hotel properties as well as the Host Marriott operating group, they offered food, drinks and merchandise at airports and Toll Roads was on.

1994, the company began more and more to, the use of full-service hotels to specialize by selling all of its retirement homes and Fairield Inn hotels this year and in the same train 15 new full service hotels acquired.

In December 1995, the Host Marriott operating group was released from the company and has now continued as Host Marriott Services as an independent company. This split separated Host Marriott Corporation further from the operating business.

In 1998 the company announced now more on the purchase of luxury Hotellimmobilien focusing on how z.Bsp. Ritz- Carlton, Four Seasons and Hyatt.

In January 1999, the host was a REIT. According to the American legislation REIT cartels had to host his property now to a third party lease, the Crestline Capital Corporation was in December 1998 for this purpose solved by the company.

In November 2005 it was announced that sells The American hotel group Starwood its 38 hotels in the U.S. and abroad for nearly $ 4.1 billion at Marriott Corporation. The hotels have together about 19,000 rooms. 28 hotels are located in North America, each of 2 hotels Asia and Latin America 6 hotels are located in Europe.

On 19 April 2006, the name of the Host Marriott Corporation in Host Hotels & Resorts has been renamed, Inc..

Swell

• Companies (Maryland)
• Montgomery County ( Maryland)