Portfolio Re-Investment and Growth Opportunities Presentation
COMPANY
OVERVIEW
RECENT
HIGHLIGHTS
PORTFOLIO
UPDATE
GROWTH
OPPORTUNITIES
CORPORATE
RESPONSIBILITY
RECONCILIATIONS &
SUPPLEMENTAL INFO
Comprehensive Renovation Scorecard
Host leveraged its unique relationship with Marriott to devise the Marriott Transformational Capital Program
(“MTCP”), a first-of-its-kind capex reinvestment program that included 16 properties. Outside of MTCP, 8 other
properties were subsequently added, bringing the total to 24 comprehensive renovations from 2018 to 2023.
12 of the completed properties have stabilized post-renovation with their average RevPAR Index share gain well
above the targeted range.
TARGET
3-5
POINTS
Targeted RevPAR Index
Share Gain Post
Renovation (2)
LATEST RESULTS
+8.5
POINTS
Average RevPAR Index
Share Gain for
12 Stabilized Properties
1)
2)
Coronado Island Marriott
16 MTCP ASSETS (1)
New York Marriott Downtown
San Francisco Marriott Marquis
Santa Clara Marriott
San Antonio River Center Marriott
Minneapolis Marriott City Center
JW Marriott Buckhead
Ritz-Carlton Amelia Island
New York Marriott Marquis
Orlando World Center Marriott
Houston Medical Center Marriott
Marina Del Rey Marriott
Boston Copley Marriott
JW Marriott Houston
San Diego Marriott Marquis
Marriott Metro Center
8 ADDITIONAL ASSETS (1)
The Don CeSar
Hyatt Regency Maui
Hyatt Regency Coconut Point
Miami Marriott Biscayne Bay
Westin Georgetown
Ritz-Carlton Naples
Westin Denver Downtown
Fairmont Kea Lani
Bold denotes stabilized post-renovation and included in the results average. 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.
RevPAR index share is measured relative to hotels' competitive sets using STR data for peers. Gain is measured against the three-year RevPAR index average prior to renovation. For more information on how RevPAR index is
calculated, see Reconciliations & Supplemental Information.
2024 Host Hotels & Resorts, Inc.
16View entire presentation