Portfolio Re-Investment and Growth Opportunities Presentation
COMPANY
OVERVIEW
RECENT
HIGHLIGHTS
PORTFOLIO
UPDATE
GROWTH
OPPORTUNITIES
CORPORATE
RESPONSIBILITY
RECONCILIATIONS &
SUPPLEMENTAL INFO
Key Terms And Statistics.
Forecasts
Our forecast of net income, earnings per diluted share, NAREIT and Adjusted FFO per diluted share, EBITDA, EBITDAre, Adjusted EBITDAre and comparable hotel results
are forward-looking statements and are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause
actual results and performance to differ materially from those expressed or implied by these forecasts. Although we believe the expectations reflected in the forecasts are
based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that the results will not be materially different. Risks that may
affect these assumptions and forecasts include the following: potential changes in overall economic outlook make it inherently difficult to forecast the level of RevPAR; the
amount and timing of debt payments may change significantly based on market conditions, which will directly affect the level of interest expense and net income; the
amount and timing of transactions involving shares of our common stock may change based on market conditions; and other risks and uncertainties associated with our
business described herein and in our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed with the SEC.
Items that may Affect Forecast Results, Projections and Other Estimates
Certain items included in this investor presentation such as forecast EBITDA for acquired hotels, expected incremental EBITDA from capital expenditure projects, including
redevelopment and repositioning of hotels, meeting space and restaurants and estimated internal rate of return (IRR) require the company to make assumptions about
the future performance of our hotels that may affect forecast results. In determining these forecasts, we evaluate a number of operating performance metrics, including
occupancy, room rate, mix of group and transient customers, as well as market specific estimates of demand drivers. Additionally, based on like hotels in our portfolio, we
have estimated costs such as utilities, marketing, general overhead costs, and management fees. For certain of our projects, where we have closed or substantially
disrupted current year operations, or where we have changed operators, historical operating data is not predictive of future results and there can be no assurances that
we will achieve these forecasts due to potential delays in the renovations, less than expected demand or a slower than expected ramp-up in operations.
See Forward-Looking Statements slide in this presentation for additional risks and uncertainties that may affect forecast results.
2024 Host Hotels & Resorts, Inc.
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