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MarketScreener Homepage  >  Equities  >  Nyse  >  Host Hotels & Resorts, Inc    HST

HOST HOTELS & RESORTS, INC

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HOST HOTELS & RESORTS, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

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09/16/2020 | 04:33pm EDT

Item 7.01. Regulation FD Disclosure.

On September 15, 2020, Host Hotels & Resorts, Inc. ("Host Inc."), the general partner of Host Hotels & Resorts, L.P. ("Host L.P."), issued a press release announcing, among other things, preliminary top-line results for the months of July and August 2020. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The press release includes preliminary estimates of certain financial information for the months ended July 31, 2020 and August 31, 2020 and other financial information that will form a part of our results for the quarter ended September 30, 2020. We have disclosed these preliminary estimates in good faith based upon our internal estimates. These estimates are preliminary and unaudited and are inherently uncertain and subject to change as we complete our financial statements for the quarter. Given the timing of these estimates, we have not completed our customary financial closing and review procedures, including the completion of final journal entries and management's review of the results. We may identify other items that require material adjustments to our preliminary estimates as we close our books for the quarter. Final results for the months ended July 31, 2020 and August 31, 2020 could differ materially from these estimates. Additionally, there can be no assurance that the results for the quarter ended September 30, 2020 will be consistent with our results for the months of July and August, and any such differences could be material. You should exercise caution in relying on this information and should not place undue reliance on this information or draw any inferences from this information regarding financial or operating data not yet provided or available. These preliminary results are subject to review by our audit committee and our independent registered public accounting firm. Accordingly, our independent auditors do not express an opinion or any other form of assurance with respect thereto. Important factors that could cause our actual results to differ from our preliminary estimates are set forth under the headings "Risk Factors" in our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q and in our other filings with the Securities and Exchange Commission.

The information contained in this Item 7.01 and in Exhibit 99.1 hereto is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference in any filing made by Host Inc. or Host L.P. under the Securities Act of 1933, as amended, or the Exchange Act, except as set forth by specific reference in such filing.




Forward-Looking Statements



In this Current Report on Form 8-K, we make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "could," "expect," "may," "intend," "predict," "project," "plan," "will," "estimate" and other similar terms and phrases. Forward-looking statements are based on management's current expectations and assumptions and are not guarantees of future performance. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks and uncertainties include the potential impact of COVID-19 and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K for the year ended December 31, 2019, our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020 and in other filings with the Securities and Exchange Commission. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that we will attain these expectations or that any deviations will not be material. Except as otherwise required by the federal securities laws, we disclaim any obligations or undertaking to publicly release updates to any forward-looking statement contained in this report to conform the statement to actual results or changes in our expectations.

Item 9.01. Financial Statements and Exhibits.







Exhibit
  No.     Description

99.1        Press release dated September 15, 2020, Providing an Update on Third
          Quarter 2020 Business Trends  .


104       Cover Page Interactive Data File (embedded within the Inline XBRL
          document).





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