Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2021

(in millions)

			Initial Cost				Subsequent		Foreign		Gross Amount at December 31, 2021								Date of
					Buildings &		Costs		Currency				Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized, net ⁽¹⁾		Adjustment		Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Hotels:
1 Hotel South Beach		—		182		443		10		—		182		453		635		46		—	2019		34
AC Hotel Scottsdale North		—		4		31		—		—		4		31		35		2	2020			—	31
Alila Ventana Big Sur		—		40		104		—		—		40		104		144		1		—	2021		31
Andaz Maui at Wailea Resort		—		151		255		52		—		151		307		458		32		—	2018		38
Axiom Hotel		—		36		38		40		—		36		78		114		23		—	2014		33
Baker's Cay Resort Key Largo, Curio Collection by Hilton		—		80		117		1		—		80		118		198		2		—	2021		33
Boston Marriott Copley Place		—		—		203		89		—		—		292		292		177		—	2002		40
Calgary Marriott Downtown Hotel		—		5		18		47		—		5		65		70		47		—	1996		40
Chicago Marriott Suites Downers Grove		—		2		14		14		—		2		28		30		20		—	1996		40
Coronado Island Marriott Resort & Spa		—		—		53		57		—		—		110		110		73		—	1997		40
Denver Marriott Tech Center		—		6		26		82		—		6		108		114		80		—	1994		40
Denver Marriott West		—		—		12		17		—		—		29		29		26		—	1983		40
Embassy Suites by Hilton Chicago Downtown Magnificent Mile		—		—		86		19		—		—		105		105		53		—	2004		40
Fairmont Kea Lani, Maui		—		55		294		82		—		55		376		431		191		—	2004		40
Four Seasons Resort Orlando at Walt Disney World® Resort		—		91		510		4		—		91		514		605		11		—	2021		37
Gaithersburg Marriott Washingtonian Center		—		7		22		15		—		7		37		44		28		—	1993		40
Grand Hyatt Atlanta in Buckhead		—		8		88		33		—		8		121		129		77		—	1998		40
Grand Hyatt San Francisco		—		52		331		4		—		52		335		387		43		—	2018		34
Grand Hyatt Washington		—		154		247		44		—		154		291		445		112		—	2012		33
Hilton Singer Island Oceanfront/Palm Beaches Resort		—		2		10		22		—		2		32		34		27		—	1994		40
Hotel Van Zandt		104		58		179		—		—		58		179		237		—		—	2021		33
Houston Airport Marriott at George Bush Intercontinental		—		—		10		93		—		—		103		103		85		—	1984		40
Houston Marriott Medical Center/Museum District		—		—		19		45		—		—		64		64		49		—	1998		40
Hyatt Place Waikiki Beach		—		12		120		3		—		12		123		135		38		—	2013		34
Hyatt Regency Austin		—		19		139		—		—		19		139		158		4		—	2021		33
Hyatt Regency Coconut Point Resort and Spa		—		33		185		5		—		33		190		223		24		—	2018		36
Hyatt Regency Maui Resort and Spa		—		92		212		163		—		81		386		467		179		—	2003		40
Hyatt Regency Reston		—		11		78		31		—		12		108		120		69		—	1998		40
Hyatt Regency San Francisco Airport		—		16		119		112		—		20		227		247		143		—	1998		40

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2021

(in millions)

			Initial Cost				Subsequent			Foreign			Gross Amount at December 31, 2021								Date of
					Buildings &		Costs			Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized, net ⁽¹⁾			Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Hyatt Regency Washington on Capitol Hill		—		40		230		50			—			40		280		320		135		—	2005		40
JW Marriott Atlanta Buckhead		—		16		21		40			—			16		61		77		37		—	1990		40
JW Marriott Hotel Rio de Janeiro		—		13		29		4			(31	)		4		11		15		4		—	2010		40
JW Marriott Houston by the Galleria		—		4		26		57			—			6		81		87		56		—	1994		40
JW Marriott Washington, DC		—		26		98		71			—			26		169		195		113		—	2003		40
Manchester Grand Hyatt San Diego		—		—		548		76			—			—		624		624		252		—	2011		35
Marina Del Rey Marriott		—		—		13		39			—			—		52		52		36		—	1995		40
Marriott Downtown at CF Toronto Eaton Centre		—		—		27		35			1			—		63		63		44		—	1995		40
Marriott Marquis San Diego Marina		—		—		202		397			—			—		599		599		398		—	1996		40
Miami Marriott Biscayne Bay		—		38		27		40			—			38		67		105		58		—	1998		40
Minneapolis Marriott City Center		—		34		27		48			—			35		74		109		54		—	1995		40
New Orleans Marriott		—		16		96		156			—			16		252		268		186		—	1996		40
New York Marriott Downtown		—		19		79		55			—			19		134		153		87		—	1997		40
New York Marriott Marquis		—		49		552		123			—			49		675		724		518		—	1986		40
Newark Liberty International Airport Marriott		—		—		30		49			—			—		79		79		64		—	1984		40
Orlando World Center Marriott		—		18		157		440			—			29		586		615		347		—	1997		40
Philadelphia Airport Marriott		—		—		42		23			—			—		65		65		46		—	1995		40
Rio de Janeiro Parque Olimpico Hotels		—		21		39		1			(37	)		8		16		24		5	2014			—	35
San Antonio Marriott Rivercenter		—		—		86		107			—			—		193		193		110		—	1996		40
San Antonio Marriott Riverwalk		—		6		45		41			—			6		86		92		60		—	1995		40
San Francisco Marriott Fisherman's Wharf		—		6		20		35			—			6		55		61		41		—	1994		40
San Francisco Marriott Marquis		—		—		278		193			—			—		471		471		320		—	1989		40
Santa Clara Marriott		—		—		39		83			—			—		122		122		93		—	1989		40
Sheraton New York Times Square Hotel		—		346		409		(179	)		—			346		230		576		210		—	2006		40
Sheraton Parsippany Hotel		—		8		30		16			—			8		46		54		33		—	2006		40
Swissôtel Chicago		—		29		132		99			—			30		230		260		130		—	1998		40
Tampa Airport Marriott		—		—		9		27			—			—		36		36		33		—	1971		40
The Alida, Savannah, a Tribute Portfolio Hotel		—		6		96		—			—			6		96		102		—		—	2021		33
The Camby Hotel		—		10		63		32			—			10		95		105		63		—	1998		40
The Don CeSar		—		46		158		36			—			46		194		240		34		—	2017		34
The Laura Hotel		—		9		55		—			—			9		55		64		1		—	2021		33
The Logan		—		26		60		73			—			27		132		159		85		—	1998		40

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2021

(in millions)

			Initial Cost				Subsequent		Foreign			Gross Amount at December 31, 2021								Date of
					Buildings &		Costs		Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized, net ⁽¹⁾		Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
The Phoenician, A Luxury Collection Resort		—		59		307		109		—			59		416		475		123		—	2015		32
The Ritz-Carlton Golf Resort, Naples		—		22		10		100		—			22		110		132		50	2002			—	40
The Ritz-Carlton, Amelia Island		—		25		115		101		—			25		216		241		125		—	1998		40
The Ritz-Carlton, Marina Del Rey		—		—		52		40		—			—		92		92		66		—	1997		40
The Ritz-Carlton, Naples		—		19		126		193		—			21		317		338		211		—	1996		40
The Ritz-Carlton, Tysons Corner		—		—		89		39		—			—		128		128		83		—	1998		40
The St. Regis Houston		—		6		33		21		—			6		54		60		32		—	2006		40
The Westin Chicago River North		—		33		116		24		—			33		140		173		45		—	2010		40
The Westin Cincinnati		—		—		54		20		—			—		74		74		38		—	2006		40
The Westin Denver Downtown		—		—		89		23		—			—		112		112		53		—	2006		40
The Westin Georgetown, Washington D.C.		—		16		80		21		—			16		101		117		48		—	2006		40
The Westin Kierland Resort & Spa		—		100		280		42		—			100		322		422		130		—	2006		40
The Westin Seattle		—		39		175		46		—			39		221		260		104		—	2006		40
The Westin South Coast Plaza, Costa Mesa		—		—		46		25		—			—		71		71		58		—	2006		40
The Westin Waltham Boston		—		9		59		22		—			9		81		90		41		—	2006		40
W Seattle		—		11		125		15		—			11		140		151		59		—	2006		40
Washington Marriott at Metro Center		—		20		24		30		—			20		54		74		44		—	1994		40
Total hotels:		104		2,261		9,466		4,222		(67	)		2,251		13,631		15,882		6,625
Other properties, each less than 5% of total		—		59		1		4		—			59		5		64		1		—	Various		40
TOTAL	$	104	$	2,320	$	9,467	$	4,226	$	(67	)	$	2,310	$	13,636	$	15,946	$	6,626

___________

(1) Subsequent costs capitalized are net of impairment expense.

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2021

(in millions)

Notes:

(A) The change in total cost of properties for the fiscal years ended December 31, 2021, 2020 and 2019 is as follows:

Balance at December 31, 2018	$	15,546
Additions:
Acquisitions		625
Capital expenditures and transfers from construction-in-progress		332
Deductions:
Dispositions and other		(1,127	)
Impairments		(6	)
Balance at December 31, 2019		15,370
Additions:
Capital expenditures and transfers from construction-in-progress		446
Deductions:
Dispositions and other		(174	)
Balance at December 31, 2020		15,642
Additions:
Acquisitions		1,563
Capital expenditures and transfers from construction-in-progress		231
Deductions:
Dispositions and other		(954	)
Assets held for sale		(444	)
Impairments		(92	)
Balance at December 31, 2021	$	15,946

(B) The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2021, 2020 and 2019 is as follows:

Balance at December 31, 2018	$	6,373
Depreciation and amortization		535
Dispositions and other		(544	)
Balance at December 31, 2019		6,364
Depreciation and amortization		541
Dispositions and other		(96	)
Balance at December 31, 2020		6,809
Depreciation and amortization		554
Dispositions and other		(555	)
Assets held for sale		(182	)
Balance at December 31, 2021	$	6,626

(C) The aggregate cost of real estate for federal income tax purposes is approximately $10,220 million at December 31, 2021.

(D) The total cost of properties excludes construction-in-progress assets.