Host Hotels & Resorts, Inc. is recognized as the premier lodging real estate company creating value through aggressive asset management and disciplined capital allocation. We strive to provide superior total returns to our stockholders through appreciation in asset values and growth in earnings and dividends. Our success over the years is the result of the careful execution of a focused and disciplined long-term strategic plan to acquire high quality lodging assets in prime urban and resort locations which have the potential for significant capital appreciation. We then work to enhance the value of our portfolio of hotels, which are managed by many of the top brands in the industry, by working with our operators to increase revenues and minimize operating costs, while pursuing selective capital improvements designed to increase profitability.