Host Hotels and Resorts
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Host Hotels & Resorts, Inc. is an American
real estate investment trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
that invests in hotels. As of February 19, 2021, the company owned 80 upscale hotels containing approximately 46,500 rooms in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
,
Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
, and
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
.


History

In 1897, the
Van Noy Brothers The Van Noy Brothers of Kansas City was the collective name of the four Kansas City, Missouri, brothers who founded the old Van Noy Railway News and Hotel Company, also known as the Van Noy Interstate Co., and known today as HMSHost. They are cons ...
of Kansas City, Missouri, formed
Van Noy Railway News and Hotel Company The Van Noy Railway News and Hotel Company, known today as HMSHost, was a business founded by the Van Noy Brothers of Kansas City, Missouri, which developed at the beginning of the twentieth century to provide services to travelers aboard passenge ...
to operate news stands along the
Missouri Pacific The Missouri Pacific Railroad , commonly abbreviated as MoPac, was one of the first railroads in the United States west of the Mississippi River. MoPac was a Class I railroad growing from dozens of predecessors and mergers. In 1967, the railroad ...
and other regional railroads. The company later expanded to various
hospitality Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis, chevalier de Jaucourt describes ...
services, including hotels. After several name and business changes it became the Host International Company in 1968. It was acquired by
Marriott Corporation Marriott Corporation was a hospitality company that operated from 1927 until 1993, founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, Marriott Corporation opened its first hotel in Arlington County, Virginia, ...
in 1982. In 1995, Marriott divided its business into two companies, naming one Host Marriott. The company continued to manage travel concessions at airports and along turnpikes and interstate highways. These concession businesses were further spun off as Host Marriott Services, or
HMSHost HMSHost is an American highway and airport food-service company, a wholly owned subsidiary of the Italian company Autogrill S.p.A. , Steve Johnson is the CEO of HMSHost. History The company's origins are in the Van Noy Railway News and Hotel C ...
. After divesting its non-hotel business and reorganizing as a
real estate investment trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
, it adopted its current name in 2006.


References


External links

{{DEFAULTSORT:Host Hotels and Resorts American companies established in 1993 Hospitality companies established in 1993 Real estate companies established in 1993 Financial services companies established in 1993 Companies listed on the Nasdaq Companies formerly listed on the New York Stock Exchange Hospitality companies of the United States Marriott International Real estate investment trusts of the United States Companies based in Bethesda, Maryland Corporate spin-offs