Portfolio Re-Investment and Growth Opportunities Presentation slide image

Portfolio Re-Investment and Growth Opportunities Presentation

COMPANY OVERVIEW RECENT HIGHLIGHTS PORTFOLIO UPDATE GROWTH OPPORTUNITIES CORPORATE RESPONSIBILITY RECONCILIATIONS & SUPPLEMENTAL INFO ROI Development & Resiliency GOAL Case Study THE RITZ-CARLTON, NAPLES ► Vanderbilt Tower development underwriting target: low-to- mid teens cash-on-cash return Resiliency measures target: future asset protection and operational continuity while increasing efficiency ROI DEVELOPMENT Construction of the 74-key Vanderbilt Tower added: 24 net additional keys and increased the suite count to 92 from 35 New pools, cabanas, bungalows, a pool-side F&B outlet with a bar Expanded club lounge that eliminates the capacity constraint on upsells RESILIENCY MEASURES Reconstruction following Hurricane lan allowed opportunistic enhancement of the resiliency of the property by: Elevating critical equipment Improving dry floodproofing measures Accelerating future building envelope waterproofing replacements Replacing major equipment with more efficient machinery 2024 Host Hotels & Resorts, Inc. 35
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