Portfolio Re-Investment and Growth Opportunities Presentation slide image

Portfolio Re-Investment and Growth Opportunities Presentation

Revenues COMPANY OVERVIEW RECENT HIGHLIGHTS PORTFOLIO UPDATE GROWTH OPPORTUNITIES CORPORATE RESPONSIBILITY RECONCILIATIONS & SUPPLEMENTAL INFO Schedule of Comparable Hotel Results for Full Year 2024 Forecast Low-end of range Adjustments Mid-point of range Adjustments High-end of range Adjustments GAAP Results Forecast results for Nashville Non- comparable hotel acquisition results, net Depreciation and corporate level items Comparable hotel Results GAAP Results Forecast results for Nashville acquisition Non- comparable hotel results, net Depreciation and corporate level items Comparable hotel Results GAAP Results Forecast results for Nashville acquisition Non- comparable hotel results, net Depreciation and corporate level items Comparable hotel Results Room $ 3,416 $ (51) $ (116) $ $ 3,249 $ 3,448 $ (51) $ (117) $ $ Food and beverage 1,707 (19) (84) 1,604 1,722 (19) (85) 3,280 1,618 $ 3,481 $ (51) $ (117) $ $ 3,313 1,737 (19) (85) 1,633 Other 527 (10) (21) 496 532 (10) (21) 501 535 (10) (21) 504 Total revenues 5,650 (80) (221) 5,349 5,702 (80) (223) 5,399 5,753 (80) (223) $ 5,450 Expenses Hotel expenses 4,014 (51) (162) 3,801 4,037 (51) (163) 3,823 4,059 (51) (163) 3,845 Depreciation and amortization 719 (719) 719 (719) 719 (719) Corporate and other expenses 118 (118) 118 (118) 118 (118) Gain on insurance settlements Total expenses (70) 18 32 (20) (70) 18 32 (20) (70) 18 32 (20) 4,781 (51) (144) (805) 3,781 4,804 (51) (145) (805) 3,803 4,826 (51) (145) (805) 3,825 Operating Profit - Comparable hotel EBITDA $ 869 $ (29) $ (77) 805 $ 1,568 $ 898 $ (29) $ (78) $ 805 $ 1,596 $ 927 $ (29) $ (78) 805 $ 1,625 Forecast non-comparable hotel results, net includes the results of The Ritz-Carlton, Naples and Alila Ventana Big Sur. The following table reconciles net income to Hotel EBITDA based on the expected 2024 results of the properties excluding business interruption proceeds (in millions); any changes to net income would be equal to the change in Hotel EBITDA: Hotel Net Income Plus: Depreciation Plus: Interest Expense Plus: Income Tax Equals: Hotel EBITDA The Ritz-Carlton, Naples Alila Ventana Big Sur $ 7 $ 55 $ $ $ $ 1 $ 5 $ $ $ 62 6 2024 Host Hotels & Resorts, Inc. A-26
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