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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES    
Revenues $ 1,471 $ 1,381
EXPENSES    
Other property-level expenses 104 91
Depreciation and amortization 180 169
Corporate and other expenses 27 31
Gain on insurance settlements (31) 0
Total operating costs and expenses 1,180 1,133
OPERATING PROFIT 291 248
Interest income 18 14
Interest expense (47) (49)
Other gains 0 69
Equity in earnings of affiliates 8 7
INCOME BEFORE INCOME TAXES 270 289
Benefit for income taxes 2 2
NET INCOME 272 291
Less: Net income attributable to non-controlling interests (4) (4)
NET INCOME ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC. $ 268 $ 287
Basic earnings per common share (in dollars per share) $ 0.38 $ 0.40
Diluted earnings per common share (in dollars per share) $ 0.38 $ 0.40
Rooms    
REVENUES    
Revenues $ 853 $ 820
EXPENSES    
Expenses 202 193
Food and beverage    
REVENUES    
Revenues 473 431
EXPENSES    
Expenses 295 269
Other    
REVENUES    
Revenues 145 130
EXPENSES    
Expenses 334 315
Management fees    
EXPENSES    
Expenses $ 69 $ 65