Portfolio Re-Investment and Growth Opportunities Presentation
COMPANY
OVERVIEW
RECENT
HIGHLIGHTS
PORTFOLIO
UPDATE
GROWTH
OPPORTUNITIES
CORPORATE
RESPONSIBILITY
RECONCILIATIONS &
SUPPLEMENTAL INFO
MTCP CapEx Case Study.
JW MARRIOTT HOUSTON BY THE GALLERIA
وا
GOAL
Underwriting target: 3-5 points of RevPAR index share gain (1)
compared to the three-year RevPAR index average prior to
renovation
WHAT WE DID
► Comprehensive renovations began in June 2019 and
finished in December 2022
Scope of renovations included: guestrooms/suites,
corridors, meeting space, and re-concepted arrival
experience including lobby, lobby bar, reception,
and public space
LATEST RESULTS (2)
RevPAR index share gain of 21.4 points
(114.6 2017-2019 avg. vs. 136.0 Q1 2024
TTM)
Q1 2024 improvements vs. Q1 2019:
Transient room revenue +22% driven by
ADR
Group room revenue +51% driven
by ADR
F&B revenue per occupied room +32%
F&B profit margin +370 bps
1)
2)
RevPAR index share is measured relative to hotels' competitive sets
using STR data for peers. For more information on how RevPAR index
is calculated, see Reconciliations & Supplemental Information.
These results are illustrative only and there can be no guarantees that
other projects will result in similar results. See Slide 2 for factors that
may cause results to be materially different from expectations.
2024 Host Hotels & Resorts, Inc.
BEFORE
AFTER
BEFORE
AFTERView entire presentation