Host Hotels & Resorts : Second Quarter 2021 Supplemental Financial Information

THE PHOENICIAN,

A LUXURY COLLECTION RESORT

Supplemental Financial Information

JUNE 30, 2021

TABLE OF CONTENTS

OVERVIEW	03
About Host Hotels & Resorts	04
Analyst Coverage	05
Forward-Looking Statements	06
All Owned Hotel Pro Forma Operating Statistics and Results and Non-GAAP Financial Measures	07

PROPERTY LEVEL DATA	08
Hotel Results by Location in Nominal US$	09
CAPITALIZATION	15
Comparative Capitalization	16
Consolidated Debt Summary as of June 30, 2021 and December 31, 2020	17
Consolidated Debt Maturity as of June 30, 2021	18
Ground Lease Summary as of December 31, 2020	19
Property Transactions	20
Historical Pro Forma Results	21
COVID-19 DATA	23
Credit Facility Amendment	24
Credit Facility and Senior Notes Financial Performance Tests	25
Reconciliation of GAAP Leverage Ratio to Credit Facility Leverage Ratio	26
Reconciliation of GAAP Interest Coverage Ratio to Credit Facility Unsecured Interest Coverage Ratio	27
Reconciliation of GAAP Interest Coverage Ratio to Credit Facility Fixed Charge Coverage Ratio	28
Reconciliation of GAAP Indebtedness Test to Senior Notes Indenture Indebtedness Test	29
Reconciliation of GAAP Secured Indebtedness Test to Senior Notes Indenture Secured Indebtedness Test	30
Reconciliation of GAAP Interest Coverage Ratio to Senior Notes Indenture EBITDA-to-Interest Coverage Ratio	31
Reconciliation of GAAP Assets to Indebtedness Test to Senior Notes Unencumbered Assets to Unsecured Indebtedness Test	32
NOTES TO SUPPLEMENTAL FINANCIAL INFORMATION	33
All Owned Hotel Pro Forma Operating Statistics and Results	34
Non-GAAP Financial Measures	34

2

OVERVIEW

PROPERTY

LEVEL DATA

CAPITALIZATION

COVID-19 DATA

NOTES TO

SUPPLEMENTAL

FINANCIAL

INFORMATION

HOST HOTELS & RESORTS,

CORPORATE HEADQUARTERS

3

ANDAZ MAUI AT

WAILEA RESORT

ABOUT HOST HOTELS & RESORTS

PREMIER US LODGING REIT

S&P	$12.3	$16.6
500	BILLION	BILLION
COMPANY	MARKET CAP(1)	ENTERPRISE VALUE(1)

LUXURY & UPPER UPSCALE CONSOLIDATED HOTELS PORTFOLIO(2)

84	47,600	20
HOTELS	ROOMS	TOP US MARKETS

1. Based on market cap as of June 30, 2021. See Comparative Capitalization for calculation.

(2)

At August 3, 2021.

4

ANALYST COVERAGE

BAIRD	COMPASS POINT RESEARCH & TRADING,	MORGAN STANLEY & CO.
Mike Bellisario	LLC	Thomas Allen
414-298-6130	Floris van Dijkum	212-761-3356
[e-mail]	646-757-2621	[e-mail]
	[e-mail]
BANK OF AMERICA MERRILL LYNCH	DEUTSCHE BANK SECURITIES	RAYMOND JAMES & ASSOCIATES
Shaun Kelley	Chris Woronka	Bill Crow
646-855-1005	212-250-9376	727-567-2594
[e-mail]	[e-mail]	[e-mail]
BARCLAYS CAPITAL	EVERCORE ISI	STIFEL, NICOLAUS & CO.
Anthony Powell	Richard Hightower	Simon Yarmak
212-526-8768	212-752-0886	443-224-1345
[e-mail]	[e-mail]	[e-mail]
BMO CAPITAL MARKETS	GOLDMAN SACHS & CO.	TRUIST
Ari Klein	Stephen Grambling	C. Patrick Scholes
212-885-4103	212-902-7832	212-319-3915
[e-mail]	[e-mail]	[e-mail]
BTIG	GREEN STREET ADVISORS	UBS SECURITIES LLC
James Sullivan	Lukas Hartwich	Robin Farley
212-738-6139	949-640-8780	212-713-2060
[e-mail]	[e-mail]	[e-mail]
CAPITAL ONE SECURITIES	JEFFERIES	WELLS FARGO SECURITIES LLC
Neil Malkin	David Katz	Dori Kesten
571-633-8191	212-323-3355	617-603-4233
[e-mail]	[e-mail]	[e-mail]
CITI INVESTMENT RESEARCH	J.P. MORGAN SECURITIES
Smedes Rose	Joe Greff
212-816-6243	212-622-0548
[e-mail]	[e-mail]

The Company is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding the Company's performance made by these analysts are theirs alone and do not represent
opinions, forecasts or predictions of the Company or its management. The Company does not by its reference above imply its endorsement of or concurrence with any of such analysts' information, conclusions or
recommendations.	5