Host Hotels & Resorts, Inc., based in

Bethesda, Maryland Bethesda () is an unincorporated, census-designated place in southern Montgomery County, Maryland, United States. Located just northwest of Washington, D.C., it is a major business and government center of the Washington metropolitan region ...

, is an American

real estate investment trust A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

that invests in hotels. As of December 31, 2023, the company owned 77 upscale hotels containing approximately 42,000 rooms in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

, and

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

History

In 1927, John Willard Marriott and his wife Alice opened a root beer stand in Washington, D.C. that they named “The Hot Shoppe,” which later became a public company. In 1957, Hot Shoppes, Inc. expanded into the lodging business with the opening of its first hotel in Arlington, Virginia, and in 1967, the company was renamed Marriott Corporation. In 1897, the Van Noy Brothers of

Kansas City, Missouri Kansas City, Missouri, abbreviated KC or KCMO, is the largest city in the U.S. state of Missouri by List of cities in Missouri, population and area. The city lies within Jackson County, Missouri, Jackson, Clay County, Missouri, Clay, and Pl ...

, 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 ...

and other regional railroads. The company later expanded to various

hospitality Hospitality is the relationship of a host towards a guest, wherein the host receives the guest with some amount of goodwill and welcome. This includes the reception and entertainment of guests, visitors, or strangers. Louis de Jaucourt, Louis, ...

services, including hotels. After several name and business changes it became the Host International Company in 1968. It was acquired by

Marriott Corporation The Marriott Corporation was a Hospitality industry, hospitality company that operated from 1927 until 1993. It was founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, it opened its first hotel in Arlington Count ...

in 1982. In 1993, Marriott Corporation divided its business into two companies: Marriott International, Inc., which took over management and franchising, and Host Marriott Corporation, which became the new name for the original Marriott Corporation. Host Marriott managed lodging and travel concessions at airports and along turnpikes and interstate highways. The concession businesses were further spun off as Host Marriott Services, now

HMSHost HMSHost is an American highway and airport food-service company, a wholly owned subsidiary of the Switzerland, Swiss company Dufry. , Steve Johnson is the CEO of HMSHost. History The company's origins are in the Van Noy Railway News and Hotel Co ...

. After the company divested its non-hotel business and reorganized as a

in 1998, it adopted its current name—Host Hotels & Resorts, Inc.—in 2006.

References

External links

* {{DEFAULTSORT:Host Hotels and Resorts American companies established in 1993 Companies based in Bethesda, Maryland Companies formerly listed on the New York Stock Exchange Companies listed on the Nasdaq Corporate spin-offs Financial services companies established in 1993 Hospitality companies established in 1993 Hospitality companies of the United States Marriott International Real estate companies established in 1993 Real estate investment trusts of the United States