0001564590-21-024184 | 10-Q | XBRL Viewer

Cash and cash equivalents

420

360

2,008

2,335

Total assets

12,721

12,890

Debt

Senior notes

3,066

3,065

Credit facility, including term loans of $996 and $997, respectively

2,469

2,471

Other debt

Total debt

5,540

5,541

Lease liabilities

609

610

Accounts payable and accrued expenses

Due to managers

Host Hotels & Resorts, Inc. stockholders’ equity:

166

170

Total liabilities

6,447

6,456

Partnership interests

124

108

Common stock, par value $.01, 1,050 million shares authorized, 706.1 million shares and 705.4 million shares issued and outstanding, respectively

Additional paid-in capital

7,547

7,568

Total equity of Host Hotels & Resorts, Inc. stockholders

(77)

(74)

Deficit

(1,332)

(1,180)

6,145

6,321

Non-redeemable non-controlling interests—other consolidated partnerships

Total equity

6,150

6,326

Total liabilities, non-controlling interests and equity

12,721

12,890

Host Hotels & Resorts, L.P. capital:

HOST HOTELS & RESORTS L.P.

(77)

(74)

ASSETS

Property and equipment, net

9,506

9,416

Right-of-use assets

596

597

Due from managers

Advances to and investments in affiliates

Furniture, fixtures and equipment replacement fund

131

139

Cash and cash equivalents

420

360

2,008

2,335

Total assets

12,721

12,890

Debt

Senior notes

3,066

3,065

Credit facility, including term loans of $996 and $997, respectively

2,469

2,471

Other debt

Total debt

5,540

5,541

Lease liabilities

609

610

Accounts payable and accrued expenses

Due to managers

Host Hotels & Resorts, Inc. stockholders’ equity:

166

170

Total liabilities

6,447

6,456

Partnership interests

^[1]

124

108

Total liabilities, non-controlling interests and equity

(77)

(74)

12,721

12,890

Host Hotels & Resorts, L.P. capital:

General partner

Limited partner

6,221

6,394

Total Host Hotels & Resorts, L.P. capital

(77)

(74)

6,145

6,321

Non-controlling interests—consolidated partnerships

Total capital

$ 6,150

$ 6,326

[1]	The book value recorded is equal to the greater of redemption value or historical cost.

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Credit facility	$ 2,469	$ 2,471
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,050,000,000	1,050,000,000
Common stock, shares issued	706,100,000	705,400,000
Common stock, shares outstanding	706,100,000	705,400,000
Term Loan
Credit facility	$ 996	$ 997

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
REVENUES
Revenues	$ 399	$ 1,052
EXPENSES
Other property-level expenses	78	93
Depreciation and amortization	165	164
Corporate and other expenses	24	25
Total operating costs and expenses	565	1,063
OPERATING LOSS	(166)	(11)
Interest income	1	6
Interest expense	(42)	(37)
Other losses	(1)	(2)
Equity in earnings of affiliates	9	4
LOSS BEFORE INCOME TAXES	(199)	(40)
Benefit for income taxes	46	37
NET LOSS	(153)	(3)
Less: Net loss attributable to non-controlling interests	1
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (152)	(3)
Basic loss per common share	$ (0.22)
Diluted loss per common share	$ (0.22)
HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	$ 399	1,052
EXPENSES
Other property-level expenses	78	93
Depreciation and amortization	165	164
Corporate and other expenses	24	25
Total operating costs and expenses	565	1,063
OPERATING LOSS	(166)	(11)
Interest income	1	6
Interest expense	(42)	(37)
Other losses	(1)	(2)
Equity in earnings of affiliates	9	4
LOSS BEFORE INCOME TAXES	(199)	(40)
Benefit for income taxes	46	37
NET LOSS	(153)	(3)
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (153)	(3)
Basic loss per common share	$ (0.22)
Diluted loss per common share	$ (0.22)
Rooms
REVENUES
Revenues	$ 257	626
EXPENSES
Expenses	65	187
Rooms \| HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	257	626
EXPENSES
Expenses	65	187
Food and Beverage
REVENUES
Revenues	77	330
EXPENSES
Expenses	62	245
Food and Beverage \| HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	77	330
EXPENSES
Expenses	62	245
Other
REVENUES
Revenues	65	96
EXPENSES
Expenses	160	319
Other \| HOST HOTELS & RESORTS L.P.
REVENUES
Revenues	65	96
EXPENSES
Expenses	160	319
Management Fees
EXPENSES
Expenses	11	30
Management Fees \| HOST HOTELS & RESORTS L.P.
EXPENSES
Expenses	$ 11	$ 30

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
NET LOSS	$ (153)	$ (3)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	(2)	(19)
Change in fair value of derivative instruments	(1)	3
OTHER COMPREHENSIVE LOSS, NET OF TAX	(3)	(16)
COMPREHENSIVE LOSS	(156)	(19)
Less: Comprehensive loss attributable to non-controlling interests	1
COMPREHENSIVE LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	(155)	(19)
HOST HOTELS & RESORTS L.P.
NET LOSS	(153)	(3)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income of unconsolidated affiliates	(2)	(19)
Change in fair value of derivative instruments	(1)	3
OTHER COMPREHENSIVE LOSS, NET OF TAX	(3)	(16)
COMPREHENSIVE LOSS	(156)	(19)
COMPREHENSIVE LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (156)	$ (19)

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

Amount after tax and reclassification adjustments of other comprehensive income (loss).

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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Organization Consolidation And Presentation Of Financial Statements [Abstract]

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
OPERATING ACTIVITIES
Net loss	$ (153)	$ (3)
Adjustments to reconcile net loss to net cash provided by (used in) operations:
Net cash provided by (used in) operating activities	(49)	157
Depreciation and amortization	165	164
Amortization of finance costs, discounts and premiums, net	2	2
Stock compensation expense	4	3
Other losses	1	2
Equity in earnings of affiliates	(9)	(4)
Change in due from/to managers	(13)	22
Changes in other assets	(39)	(18)
Changes in other liabilities	(7)	(11)
INVESTING ACTIVITIES
Proceeds from sales of assets, net	3	1
Proceeds from loan receivable	9	28
Advances to and investments in affiliates	(5)	(1)
Acquisitions	(189)
Capital expenditures:
Renewals and replacements	(32)	(55)
Return on investment	(61)	(76)
Net cash used in investing activities	(275)	(103)
FINANCING ACTIVITIES
Financing costs	(3)
Draws on credit facility		1,500
Common stock repurchase		(147)
Dividends on common stock		(179)
Distributions and payments to non-controlling interests		(2)
Other financing activities	(8)	(6)
Net cash provided by (used in) financing activities	(11)	1,166
Effects of exchange rate changes on cash held		(8)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	(335)	1,212
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	2,476	1,750	$ 1,750
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	2,141	2,962	2,476
Supplemental disclosure of cash flow information:
Cash and cash equivalents	2,008	2,796	2,335
Restricted cash (included in other assets)	2	1
Furniture, fixtures and equipment replacement fund	131	165	139
Total cash and cash equivalents and restricted cash shown in the statements of cash flows	2,141	2,962
Total interest paid	35	27
Income taxes paid		1
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
Net loss	(153)	(3)
Adjustments to reconcile net loss to net cash provided by (used in) operations:
Net cash provided by (used in) operating activities	(49)	157
Depreciation and amortization	165	164
Amortization of finance costs, discounts and premiums, net	2	2
Stock compensation expense	4	3
Other losses	1	2
Equity in earnings of affiliates	(9)	(4)
Change in due from/to managers	(13)	22
Changes in other assets	(39)	(18)
Changes in other liabilities	(7)	(11)
INVESTING ACTIVITIES
Proceeds from sales of assets, net	3	1
Proceeds from loan receivable	9	28
Advances to and investments in affiliates	(5)	(1)
Acquisitions	(189)
Capital expenditures:
Renewals and replacements	(32)	(55)
Return on investment	(61)	(76)
Net cash used in investing activities	(275)	(103)
FINANCING ACTIVITIES
Financing costs	(3)
Draws on credit facility		1,500
Repurchase of common OP units		(147)
Distributions on common OP units		(181)
Other financing activities	(8)	(6)
Net cash provided by (used in) financing activities	(11)	1,166
Effects of exchange rate changes on cash held		(8)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	(335)	1,212
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	2,476	1,750	1,750
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	2,141	2,962	2,476
Supplemental disclosure of cash flow information:
Cash and cash equivalents	2,008	2,796	2,335
Restricted cash (included in other assets)	2	1
Furniture, fixtures and equipment replacement fund	131	165	$ 139
Total cash and cash equivalents and restricted cash shown in the statements of cash flows	2,141	2,962
Total interest paid	$ 35	27
Income taxes paid		$ 1

Organization

3 Months Ended

Mar. 31, 2021

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, 2021, Host Inc. holds approximately 99% of Host L.P.’s partnership interests.

Liquidity and Management’s Plans

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. The adverse economic impact continues as various restrictive measures remain in place in many jurisdictions where we own hotels, including quarantines, restrictions on travel, school closings, limitations on the size of gatherings and/or restrictions on types of business that may continue to operate. As a result, the COVID-19 pandemic continues to negatively impact almost every industry directly or indirectly, including having a severe impact on the U.S. lodging industry generally and our company specifically.

At the start of the pandemic, we suspended operations at 35 hotels and, as of March 31, 2021, operations remain suspended at four of these hotels, with one additional hotel reopening subsequent to quarter end. 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. In 2020, we drew down $1.5 billion 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 continuing to take further measures to preserve our liquidity, including operating expense reductions, capital expenditures deferrals, suspension of dividends and suspension of common stock repurchases. We also have reached agreements with our hotel managers to temporarily suspend furniture, fixture and equipment (“FF&E”) replacement fund contributions for our hotels and to defer certain hotel initiatives and brand standards.

Consolidated Portfolio

As of March 31, 2021, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries:

	Hotels
United States		76
Brazil		3
Canada		2
Total		81

Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2021

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, 2020.

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, 2021, and the results of our operations and cash flows for the quarters ended March 31, 2021 and 2020, 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.

Reclassifications

Certain prior year financial statement amounts have been reclassified to conform with the current year presentation.

Earnings (Loss) Per Common Share (Unit)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Earnings (Loss) Per Common Share (Unit)


3.	Earnings (Loss) Per Common Share (Unit)

Basic earnings (loss) per common share (unit) is computed by dividing net income (loss) attributable to common stockholders (unitholders) by the weighted average number of shares of Host Inc. common stock or Host L.P. common units outstanding. Diluted earnings (loss) per common share (unit) is computed by dividing net income (loss) attributable to common stockholders (unitholders), as adjusted for potentially dilutive securities, by the weighted average number of shares of Host Inc. common stock or Host L.P. common units outstanding plus other potentially dilutive securities. Dilutive securities may include shares granted under comprehensive stock plans or the Host L.P. common units distributed to Host Inc. to support such shares granted, and other non-controlling interests that have the option to convert their limited partner interests to Host L.P. common units. No effect is shown for any securities that are anti-dilutive. We have 7.2 million Host L.P. common units, which are convertible into 7.3 million common shares, that are not included in Host Inc.’s calculation of earnings (loss) per share as their effect is not dilutive. The calculation of Host Inc. basic and diluted earnings (loss) per common share is shown below (in millions, except per share amounts):

	Quarter ended March 31,
	2021			2020
Net loss	$	(153	)	$	(3	)
Less: Net loss attributable to non-controlling interests		1			—
Net loss attributable to Host Inc.	$	(152	)	$	(3	)

Basic weighted average shares outstanding		705.6			708.1
Diluted weighted average shares outstanding		705.6			708.1

Basic loss per common share	$	(.22	)	$	—
Diluted loss per common share	$	(.22	)	$	—

The calculation of Host L.P. basic and diluted earnings (loss) per unit is shown below (in millions, except per unit amounts):

	Quarter ended March 31,
	2021			2020
Net loss	$	(153	)	$	(3	)
Less: Net loss attributable to non-controlling interests		—			—
Net loss attributable to Host L.P.	$	(153	)	$	(3	)

Basic weighted average units outstanding		698.0			700.7
Diluted weighted average units outstanding		698.0			700.7

Basic loss per common unit	$	(.22	)	$	—
Diluted loss per common unit	$	(.22	)	$	—

Revenue

3 Months Ended

Mar. 31, 2021

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 10 – 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	2021		2020
Florida Gulf Coast	$	81	$	109
Miami		56		60
Phoenix		54		83
Maui/Oahu		44		93
Washington, D.C. (Central Business District)		23		54
San Diego		14		87
Jacksonville		14		19
Houston		13		25
San Francisco/San Jose		11		106
New York		11		77
Atlanta		11		30
Los Angeles/Orange County		10		52
Orlando		9		53
San Antonio/Austin		8		17
Northern Virginia		7		21
Philadelphia		5		13
Chicago		4		16
Boston		3		35
New Orleans		3		24
Denver		3		15
Seattle		2		18
Other		11		31
Domestic		397		1,038
International		2		14
Total	$	399	$	1,052

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
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Property Plant And Equipment [Abstract]

Property and Equipment

3 Months Ended

Mar. 31, 2021

Property and Equipment


5.	Property and Equipment

Property and equipment consists of the following (in millions):

	March 31, 2021			December 31, 2020
Land and land improvements	$	2,065		$	2,033
Buildings and leasehold improvements		13,780			13,609
Furniture and equipment		2,494			2,471
Construction in progress		196			166
		18,535			18,279
Less accumulated depreciation and amortization		(9,029	)		(8,863	)
	$	9,506		$	9,416

Debt

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Debt

Senior Notes. As of March 31, 2021, we are below the EBITDA-to-interest coverage ratio covenant requirement of our senior notes indenture necessary to incur additional debt, and, therefore, while not an event of default, we will be unable to incur additional debt while we remain below the required covenant level.

Credit Facility. During the first quarter, we entered into a second amendment (the “Amendment”) to our senior unsecured bank credit facility with Bank of America, N.A., as administrative agent. The Amendment extends the “Covenant Relief Period” provided by the first amendment, which suspends requirements to comply with all existing financial maintenance covenants under the credit facility, through the first quarter of 2022, followed by a phase-in period thereafter.

As of March 31, 2021, we have $12 million of available capacity under the revolver portion of our credit facility. Due to the failure to satisfy the senior notes covenant requirement noted above, we currently are restricted from incurring additional debt.

Equity of Host Inc. and Capital of Host L.P.

3 Months Ended

Mar. 31, 2021

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, 2020	$	7	$	7,568		$	(74	)	$	(1,180	)	$	5	$	6,326		$	108
Net loss		—		—			—			(152	)		—		(152	)		(1	)
Issuance of common stock for comprehensive stock plans, net		—		(4	)		—			—			—		(4	)		—
Changes in ownership and other		—		(17	)		—			—			—		(17	)		17
Other comprehensive loss		—		—			(3	)		—			—		(3	)		—
Balance, March 31, 2021	$	7	$	7,547		$	(77	)	$	(1,332	)	$	5	$	6,150		$	124

	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

Capital of Host L.P.

As of March 31, 2021, Host Inc. is the owner of approximately 99% of Host L.P.’s common OP units. The remaining common OP units are owned by unaffiliated limited partners. Each common OP unit may be redeemed for cash or, at the election of Host Inc., Host Inc. common stock, based on the conversion ratio of 1.021494 shares of Host Inc. common stock for each common OP unit. Under the credit facility, all redemptions must be made with Host Inc. common stock until Host L.P.’s leverage ratio (as calculated under the credit facility) is below 7.25x.

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, 2020	$	1	$	6,394		$	(74	)	$	5	$	6,326		$	108
Net loss		—		(152	)		—			—		(152	)		(1	)
Issuance of common OP units to Host Inc. for comprehensive stock plans, net		—		(4	)		—			—		(4	)		—
Changes in ownership and other		—		(17	)		—			—		(17	)		17
Other comprehensive loss		—		—			(3	)		—		(3	)		—
Balance, March 31, 2021	$	1	$	6,221		$	(77	)	$	5	$	6,150		$	124

	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 loss		—		—			(16	)		—		(16	)		—
Balance, March 31, 2020	$	1	$	7,135		$	(72	)	$	6	$	7,070		$	84

Share Repurchases

As of March 31, 2021, we have $371 million available for repurchase under our common share repurchase program. In accordance with the restrictions in our amended credit facility, there were no share repurchases during the first quarter of 2021.

Dividends/Distributions

As part of our response to the COVID-19 pandemic and in order to preserve cash and future financial flexibility, we have suspended our regular quarterly common cash dividends. Additionally, based on the terms of the credit facility amendments, we are restricted from paying a quarterly common cash dividend in excess of $0.01 per share, unless necessary to allow Host Inc. to maintain its REIT status or to avoid the payment of corporate income or excise taxes, until after the covenant waiver period expires following the second quarter of 2022.

Acquisitions

3 Months Ended

Mar. 31, 2021

Business Combinations [Abstract]

Acquisitions

8.	Acquisitions

On March 15, 2021, we acquired the 448-room Hyatt Regency Austin for a total purchase price of $161 million. Subsequent to quarter end, we purchased the 444-room Four Seasons Resort Orlando at Walt Disney World® Resort for a total purchase price of $610 million and the Royal Ka’anapali and Ka’anapali Kai golf courses, adjacent to our Hyatt Regency Maui hotel, for $28 million.

Fair Value Measurements

3 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Abstract]

Fair Value Measurements

9.	Fair Value Measurements

We did not elect the fair value measurement option for any of our financial liabilities. The fair value of our credit facility is determined based on expected future payments discounted at a risk-adjusted rate. 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, 2021				December 31, 2020
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial liabilities
Senior notes (Level 1)	$	3,066	$	3,212	$	3,065	$	3,284
Credit facility (Level 2)		2,469		2,483		2,471		2,483

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Geographic Information

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Geographic Information


10.	Geographic Information

We consider each of our hotels to be an operating segment, as we allocate resources and assess operating performance based on individual hotels. All of our hotels meet the aggregation criteria for segment reporting and our other real estate investment activities (primarily our retail spaces and office buildings) are immaterial. As such, we report one segment: hotel ownership. Our consolidated foreign operations consist of hotels in two countries as of March 31, 2021. 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,
	2021		2020		2021		2020
United States	$	397	$	1,038	$	9,425	$	9,331
Brazil		1		4		31		34
Canada		1		10		50		51
Total	$	399	$	1,052	$	9,506	$	9,416

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Non-Controlling Interests

Non-Controlling Interests

3 Months Ended

Mar. 31, 2021

Noncontrolling Interest [Abstract]


11.	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 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 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. During the Covenant Relief Period, all redemptions must be made with Host Inc. common stock.

The table below details the historical cost and redemption values for the non-controlling interests:

	March 31, 2021		December 31, 2020
Common OP units outstanding (millions)		7.2		7.2
Market price per Host Inc. common share	$	16.85	$	14.63
Shares issuable upon conversion of one common OP unit		1.021494		1.021494
Redemption value (millions)	$	124	$	108
Historical cost (millions)		65		67
Book value (millions) ⁽¹⁾		124		108
___________

(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 $5 million as of both March 31, 2021 and December 31, 2020.

Legal Proceedings

3 Months Ended

Mar. 31, 2021

Commitments And Contingencies Disclosure [Abstract]

Legal Proceedings


12.	Legal Proceedings

We are involved in various legal proceedings in the ordinary course of business regarding the operation of our hotels and company matters. To the extent not covered by insurance, these legal proceedings generally fall into the following broad categories: disputes involving hotel-level contracts, employment litigation, compliance with laws such as the Americans with Disabilities Act, tax disputes and other general matters. Under our management agreements, our operators have broad latitude to resolve individual hotel-level claims for amounts generally less than $150,000. However, for matters exceeding such threshold, our operators may not settle claims without our consent.

Based on our analysis of legal proceedings with which we are involved or of which we currently are aware and our experience in resolving similar claims in the past, we have recorded immaterial accruals as of March 31, 2021 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 Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Reclassifications

Certain prior year financial statement amounts have been reclassified to conform with the current year presentation.

Organization (Tables)

3 Months Ended

Mar. 31, 2021

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Consolidated Portfolio of Hotels by Location

As of March 31, 2021, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries:

	Hotels
United States		76
Brazil		3
Canada		2
Total		81

Earnings (Loss) Per Common Share (Unit) (Tables)

3 Months Ended

Mar. 31, 2021

Earnings (Loss) Per Common Share (Unit)

The calculation of Host Inc. basic and diluted earnings (loss) per common share is shown below (in millions, except per share amounts):

	Quarter ended March 31,
	2021			2020
Net loss	$	(153	)	$	(3	)
Less: Net loss attributable to non-controlling interests		1			—
Net loss attributable to Host Inc.	$	(152	)	$	(3	)

Basic weighted average shares outstanding		705.6			708.1
Diluted weighted average shares outstanding		705.6			708.1

Basic loss per common share	$	(.22	)	$	—
Diluted loss per common share	$	(.22	)	$	—

HOST HOTELS & RESORTS L.P.

Earnings (Loss) Per Common Share (Unit)

The calculation of Host L.P. basic and diluted earnings (loss) per unit is shown below (in millions, except per unit amounts):

	Quarter ended March 31,
	2021			2020
Net loss	$	(153	)	$	(3	)
Less: Net loss attributable to non-controlling interests		—			—
Net loss attributable to Host L.P.	$	(153	)	$	(3	)

Basic weighted average units outstanding		698.0			700.7
Diluted weighted average units outstanding		698.0			700.7

Basic loss per common unit	$	(.22	)	$	—
Diluted loss per common unit	$	(.22	)	$	—

Revenue (Tables)

3 Months Ended

Mar. 31, 2021

Revenue From Contract With Customer [Abstract]

Summary of Disaggregated Hotel Revenues by Market Location

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	2021		2020
Florida Gulf Coast	$	81	$	109
Miami		56		60
Phoenix		54		83
Maui/Oahu		44		93
Washington, D.C. (Central Business District)		23		54
San Diego		14		87
Jacksonville		14		19
Houston		13		25
San Francisco/San Jose		11		106
New York		11		77
Atlanta		11		30
Los Angeles/Orange County		10		52
Orlando		9		53
San Antonio/Austin		8		17
Northern Virginia		7		21
Philadelphia		5		13
Chicago		4		16
Boston		3		35
New Orleans		3		24
Denver		3		15
Seattle		2		18
Other		11		31
Domestic		397		1,038
International		2		14
Total	$	399	$	1,052

Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2021

Property Plant And Equipment [Abstract]

Property and Equipment

Property and equipment consists of the following (in millions):

	March 31, 2021			December 31, 2020
Land and land improvements	$	2,065		$	2,033
Buildings and leasehold improvements		13,780			13,609
Furniture and equipment		2,494			2,471
Construction in progress		196			166
		18,535			18,279
Less accumulated depreciation and amortization		(9,029	)		(8,863	)
	$	9,506		$	9,416

Equity of Host Inc. and Capital of Host L.P. (Tables)

3 Months Ended

Mar. 31, 2021

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, 2020	$	7	$	7,568		$	(74	)	$	(1,180	)	$	5	$	6,326		$	108
Net loss		—		—			—			(152	)		—		(152	)		(1	)
Issuance of common stock for comprehensive stock plans, net		—		(4	)		—			—			—		(4	)		—
Changes in ownership and other		—		(17	)		—			—			—		(17	)		17
Other comprehensive loss		—		—			(3	)		—			—		(3	)		—
Balance, March 31, 2021	$	7	$	7,547		$	(77	)	$	(1,332	)	$	5	$	6,150		$	124

	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

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, 2020	$	1	$	6,394		$	(74	)	$	5	$	6,326		$	108
Net loss		—		(152	)		—			—		(152	)		(1	)
Issuance of common OP units to Host Inc. for comprehensive stock plans, net		—		(4	)		—			—		(4	)		—
Changes in ownership and other		—		(17	)		—			—		(17	)		17
Other comprehensive loss		—		—			(3	)		—		(3	)		—
Balance, March 31, 2021	$	1	$	6,221		$	(77	)	$	5	$	6,150		$	124

	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 loss		—		—			(16	)		—		(16	)		—
Balance, March 31, 2020	$	1	$	7,135		$	(72	)	$	6	$	7,070		$	84

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021				December 31, 2020
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial liabilities
Senior notes (Level 1)	$	3,066	$	3,212	$	3,065	$	3,284
Credit facility (Level 2)		2,469		2,483		2,471		2,483

Geographic Information (Tables)

3 Months Ended

Mar. 31, 2021

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,
	2021		2020		2021		2020
United States	$	397	$	1,038	$	9,425	$	9,331
Brazil		1		4		31		34
Canada		1		10		50		51
Total	$	399	$	1,052	$	9,506	$	9,416

Non-controlling Interests (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021		December 31, 2020
Common OP units outstanding (millions)		7.2		7.2
Market price per Host Inc. common share	$	16.85	$	14.63
Shares issuable upon conversion of one common OP unit		1.021494		1.021494
Redemption value (millions)	$	124	$	108
Historical cost (millions)		65		67
Book value (millions) ⁽¹⁾		124		108
___________

(1)

The book value recorded is equal to the greater of redemption value or historical cost.

Organization - Additional Information (Detail) $ in Millions	1 Months Ended		3 Months Ended		12 Months Ended
	Apr. 30, 2021 Hotel	Apr. 30, 2020 Hotel	Mar. 31, 2021 Hotel	Mar. 31, 2020 USD ($)	Dec. 31, 2020 USD ($)
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Draws on credit facility \| $				$ 1,500
Subsequent Event [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of additional hotel reopening \| Hotel	1
COVID - 19 [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels suspends operations \| Hotel		35	4
Revolving Credit Facility \| 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 Hotels by Location (Detail)	Mar. 31, 2021 Hotel
Real Estate Properties [Line Items]
Hotels	81
United States
Real Estate Properties [Line Items]
Hotels	76
Brazil
Real Estate Properties [Line Items]
Hotels	3
Canada
Real Estate Properties [Line Items]
Hotels	2

Summary of Significant Accounting Policies - Additional Information (Detail)	Mar. 31, 2021
Host L.P.
Significant Accounting Policies [Line Items]
Investment ownership percentage	99.00%

Earnings (Loss) Per Common Share (Unit) - Additional Information (Detail) - HOST HOTELS & RESORTS, INC. shares in Millions	Mar. 31, 2021 shares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Common units outstanding	7.2
Number of common shares that would be outstanding if OP units were converted	7.3

Host Inc. Earnings (Loss) Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Earnings Per Share [Abstract]
NET LOSS	$ (153)	$ (3)
Less: Net loss attributable to non-controlling interests	1
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (152)	$ (3)
Basic weighted average shares outstanding	705.6	708.1
Diluted weighted average shares/units outstanding	705.6	708.1
Basic loss per common share	$ (0.22)
Diluted loss per common share	$ (0.22)

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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Host LP Earnings (Loss) Per Common Unit (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Earnings Per Share Diluted [Line Items]
NET LOSS	$ (153)	$ (3)
Less: Net loss attributable to non-controlling interests	1
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (152)	$ (3)
Basic weighted average shares outstanding	705.6	708.1
Diluted weighted average shares/units outstanding	705.6	708.1
Basic loss per common share	$ (0.22)
Diluted loss per common share	$ (0.22)
HOST HOTELS & RESORTS L.P.
Earnings Per Share Diluted [Line Items]
NET LOSS	$ (153)	$ (3)
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	$ (153)	$ (3)
Basic weighted average shares outstanding	698.0	700.7
Diluted weighted average shares/units outstanding	698.0	700.7
Basic loss per common share	$ (0.22)
Diluted loss per common share	$ (0.22)

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

Summary of Hotel Revenues by Market Locations (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation Of Revenue [Line Items]
Total revenues	$ 399	$ 1,052
Florida Gulf Coast
Disaggregation Of Revenue [Line Items]
Total revenues	81	109
Miami
Disaggregation Of Revenue [Line Items]
Total revenues	56	60
Phoenix
Disaggregation Of Revenue [Line Items]
Total revenues	54	83
Maui/Oahu
Disaggregation Of Revenue [Line Items]
Total revenues	44	93
Washington, D.C. (Central Business District)
Disaggregation Of Revenue [Line Items]
Total revenues	23	54
San Diego
Disaggregation Of Revenue [Line Items]
Total revenues	14	87
Jacksonville
Disaggregation Of Revenue [Line Items]
Total revenues	14	19
Houston
Disaggregation Of Revenue [Line Items]
Total revenues	13	25
San Francisco/San Jose
Disaggregation Of Revenue [Line Items]
Total revenues	11	106
New York
Disaggregation Of Revenue [Line Items]
Total revenues	11	77
Atlanta
Disaggregation Of Revenue [Line Items]
Total revenues	11	30
Los Angeles/Orange County
Disaggregation Of Revenue [Line Items]
Total revenues	10	52
Orlando
Disaggregation Of Revenue [Line Items]
Total revenues	9	53
San Antonio/Austin
Disaggregation Of Revenue [Line Items]
Total revenues	8	17
Northern Virginia
Disaggregation Of Revenue [Line Items]
Total revenues	7	21
Philadelphia
Disaggregation Of Revenue [Line Items]
Total revenues	5	13
Chicago
Disaggregation Of Revenue [Line Items]
Total revenues	4	16
Boston
Disaggregation Of Revenue [Line Items]
Total revenues	3	35
New Orleans
Disaggregation Of Revenue [Line Items]
Total revenues	3	24
Denver
Disaggregation Of Revenue [Line Items]
Total revenues	3	15
Seattle
Disaggregation Of Revenue [Line Items]
Total revenues	2	18
Other
Disaggregation Of Revenue [Line Items]
Total revenues	11	31
United States
Disaggregation Of Revenue [Line Items]
Total revenues	397	1,038
International
Disaggregation Of Revenue [Line Items]
Total revenues	$ 2	$ 14

Summary of Property and Equipment (Detail) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Property Plant And Equipment [Abstract]
Land and land improvements	$ 2,065	$ 2,033
Buildings and leasehold improvements	13,780	13,609
Furniture and equipment	2,494	2,471
Construction in progress	196	166
Property, Plant and Equipment, Gross, Total	18,535	18,279
Less accumulated depreciation and amortization	(9,029)	(8,863)
Property and equipment, net	$ 9,506	$ 9,416

Debt - Additional Information (Detail) $ in Millions	Mar. 31, 2021 USD ($)
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility remaining borrowing capacity	$ 12

Components of Equity (Detail) - USD ($) $ in Millions	3 Months Ended
Components of Equity (Detail) - USD ($) $ in Millions	Mar. 31, 2021	Mar. 31, 2020
Stockholders Equity Note [Line Items]
Beginning Balance	$ 6,326	$ 7,325
Net loss	(152)	(3)
Net loss	(152)	(3)
Issuance of common stock for comprehensive stock plans, net	(4)	(5)
Repurchase of common stock		(147)
Dividends declared on common stock		(141)
Changes in ownership and other	(17)	57
Other comprehensive income/(loss)	(3)	(16)
Ending Balance	6,150	7,070
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	7,568	7,675
Issuance of common stock for comprehensive stock plans, net	(4)	(5)
Repurchase of common stock		(147)
Changes in ownership and other	(17)	57
Ending Balance	7,547	7,580
Accumulated Other Comprehensive Income (Loss)
Stockholders Equity Note [Line Items]
Beginning Balance	(74)	(56)
Other comprehensive income/(loss)	(3)	(16)
Ending Balance	(77)	(72)
Retained Earnings / (Deficit)
Stockholders Equity Note [Line Items]
Beginning Balance	(1,180)	(307)
Net loss	(152)	(3)
Dividends declared on common stock		(141)
Ending Balance	(1,332)	(451)
Non-redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	5	6
Ending Balance	5	6
Redeemable, non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance	108	142
Net loss	(1)
Distributions to non-controlling interests		(2)
Changes in ownership and other	17	(56)
Ending Balance	$ 124	$ 84

Equity of Host Inc. and Capital of Host L.P. - Additional Information (Detail) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020
Stockholders Equity Note [Line Items]
Line of credit facility dividend restrictions	based on the terms of the credit facility amendments, we are restricted from paying a quarterly common cash dividend in excess of $0.01 per share, unless necessary to allow Host Inc. to maintain its REIT status or to avoid the payment of corporate income or excise taxes, until after the covenant waiver period expires following the second quarter of 2022
Maximum allowable dividend per share covenant waiver period \| $ / shares	$ 0.01
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
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
Stock Repurchase Program, Authorized Amount \| $	$ 371

Components of Capital (Detail) - USD ($) $ in Millions	3 Months Ended
Components of Capital (Detail) - USD ($) $ in Millions	Mar. 31, 2021	Mar. 31, 2020
Limited Partners Capital Account [Line Items]
Net loss	$ (152)	$ (3)
Net loss	(152)	(3)
Issuance of common stock for comprehensive stock plans, net	(4)	(5)
Repurchase of common OP units		(147)
Other comprehensive income/(loss)	(3)	(16)
Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Other comprehensive income/(loss)	(3)	(16)
HOST HOTELS & RESORTS L.P.
Limited Partners Capital Account [Line Items]
Beginning Balance	6,326	7,325
Net loss	(153)	(3)
Net loss	(152)	(3)
Issuance of common stock for comprehensive stock plans, net	(4)	(5)
Repurchase of common OP units		(147)
Distributions declared on common OP units		(141)
Changes in ownership and other	(17)	57
Other comprehensive income/(loss)	(3)	(16)
Ending Balance	6,150	7,070
HOST HOTELS & RESORTS L.P. \| General Partner
Limited Partners Capital Account [Line Items]
Beginning Balance	1	1
Ending Balance	1	1
HOST HOTELS & RESORTS L.P. \| Limited Partner
Limited Partners Capital Account [Line Items]
Beginning Balance	6,394	7,374
Net loss	(152)	(3)
Issuance of common stock for comprehensive stock plans, net	(4)	(5)
Repurchase of common OP units		(147)
Distributions declared on common OP units		(141)
Changes in ownership and other	(17)	57
Ending Balance	6,221	7,135
HOST HOTELS & RESORTS L.P. \| Accumulated Other Comprehensive Income (Loss)
Limited Partners Capital Account [Line Items]
Beginning Balance	(74)	(56)
Other comprehensive income/(loss)	(3)	(16)
Ending Balance	(77)	(72)
HOST HOTELS & RESORTS L.P. \| Non-redeemable, non-controlling interests
Limited Partners Capital Account [Line Items]
Beginning Balance	5	6
Ending Balance	5	6
HOST HOTELS & RESORTS L.P. \| Limited partnership interests of third parties
Limited Partners Capital Account [Line Items]
Beginning Balance	108	142
Net loss	(1)
Distributions declared on common OP units		(2)
Changes in ownership and other	17	(56)
Ending Balance	$ 124	$ 84

Acquisitions - Additional Information (Detail) $ in Millions		1 Months Ended
	Mar. 15, 2021 USD ($) Room	Apr. 30, 2021 USD ($) Room
Hyatt Regency Austin
Asset Acquisition And Business Combination [Line Items]
Number of rooms/apartment \| Room	448
Acquisition purchase price	$ 161
Four Seasons Resort Orlando \| Subsequent Event [Member]
Asset Acquisition And Business Combination [Line Items]
Number of rooms/apartment \| Room		444
Acquisition purchase price		$ 610
Ka’anapali Golf Courses \| Subsequent Event [Member]
Asset Acquisition And Business Combination [Line Items]
Acquisition purchase price		$ 28

Fair Values of Certain Financial Liabilities and Other Financial Instruments (Detail) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Financial liabilities
Senior notes	$ 3,066	$ 3,065
Credit facility, carrying value	2,469	2,471
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Senior Notes
Financial liabilities
Senior notes (Level 1), fair value	3,212	3,284
Significant Other Observable Inputs (Level 2)
Financial liabilities
Credit facility (Level 2), fair value	$ 2,483	$ 2,483

Geographic Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021 Segment Country
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 by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenues	$ 399	$ 1,052
Property and equipment, net	9,506		$ 9,416
United States
Segment Reporting Information [Line Items]
Revenues	397	1,038
Property and equipment, net	9,425		9,331
Brazil
Segment Reporting Information [Line Items]
Revenues	1	4
Property and equipment, net	31		34
Canada
Segment Reporting Information [Line Items]
Revenues	1	$ 10
Property and equipment, net	$ 50		$ 51

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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Non-Controlling Interests - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2021 USD ($) Entity	Dec. 31, 2020 USD ($)
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 OP unit	1.021494	1.021494