Host Hotels & Resorts, Inc. is an American
real estate investment trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
that invests in hotels. As of February 19, 2021, the company owned 80 upscale hotels containing approximately 46,500 rooms in the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
,
Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
, and
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
.
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History
In 1897, the Van Noy Brothers
The Van Noy Brothers of Kansas City was the collective name of the four Kansas City, Missouri, brothers who founded the old Van Noy Railway News and Hotel Company, also known as the Van Noy Interstate Co., and known today as HMSHost. They are consi ...
of Kansas City, Missouri
Kansas City (abbreviated KC or KCMO) is the largest city in Missouri by population and area. As of the 2020 census, the city had a population of 508,090 in 2020, making it the 36th most-populous city in the United States. It is the central ...
, formed Van Noy Railway News and Hotel Company The Van Noy Railway News and Hotel Company, known today as HMSHost, was a business founded by the Van Noy Brothers of Kansas City, Missouri, which developed at the beginning of the twentieth century to provide services to travelers aboard passenger ...
to operate news stands along the Missouri Pacific
The Missouri Pacific Railroad , commonly abbreviated as MoPac, was one of the first railroads in the United States west of the Mississippi River. MoPac was a Class I railroad growing from dozens of predecessors and mergers. In 1967, the railroad o ...
and other regional railroads. The company later expanded to various hospitality
Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis de Jaucourt, Louis, chevalier de J ...
services, including hotels. After several name and business changes it became the Host International Company in 1968. It was acquired by Marriott Corporation
Marriott Corporation was a hospitality company that operated from 1927 until 1993, founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, Marriott Corporation opened its first hotel in Arlington County, Virginia, Ar ...
in 1982. In 1995, Marriott divided its business into two companies, naming one Host Marriott. The company continued to manage travel concessions at airports and along turnpikes and interstate highways. These concession businesses were further spun off as Host Marriott Services, or HMSHost
HMSHost is an American highway and airport food-service company, a wholly owned subsidiary of the Italian company Autogrill S.p.A. , Steve Johnson is the CEO of HMSHost.
History
The company's origins are in the Van Noy Railway News and Hotel Co ...
.[ After divesting its non-hotel business and reorganizing as a ]real estate investment trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
, it adopted its current name in 2006.
References
External links
{{DEFAULTSORT:Host Hotels and Resorts
American companies established in 1993
Hospitality companies established in 1993
Real estate companies established in 1993
Financial services companies established in 1993
Companies listed on the Nasdaq
Companies formerly listed on the New York Stock Exchange
Hospitality companies of the United States
Marriott International
Real estate investment trusts of the United States
Companies based in Bethesda, Maryland
Corporate spin-offs