Host Hotels & Resorts : Third Quarter 2020 Supplemental Financial Information

THE PHOENICIAN,

A LUXURY COLLECTION RESORT

Supplemental Financial Information

SEPTEMBER 30, 2020

TABLE OF CONTENTS

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

PROPERTY LEVEL DATA	08
Hotel Results by Location in Nominal US$	09
Top 40	Domestic Hotels by Total RevPAR for the Year Ended December 31, 2019	17
Top 40	Domestic Hotels by Total RevPAR Reconciliation of Hotel Net Income (Loss) to Hotel EBITDA and EBITDAre	18

CAPITALIZATION	19
Comparative Capitalization	20
Consolidated Debt Summary as of September 30, 2020	21
Consolidated Debt Maturity as of September 30, 2020	22
Ground Lease Summary as of December 31, 2019	23
2019 Property Dispositions	24

COVID-19 DATA	25
Credit Facility Amendment	26
Credit Facility and Senior Notes Financial Performance Tests	27
Reconciliation of GAAP Leverage Ratio to Credit Facility Leverage Ratio	28
Reconciliation of GAAP Interest Coverage Ratio to Credit Facility Unsecured Interest Coverage Ratio	29
Reconciliation of GAAP Interest Coverage Ratio to Credit Facility Fixed Charge Coverage Ratio	30
Reconciliation of GAAP Indebtedness Test to Senior Notes Indenture Indebtedness Test	31
Reconciliation of GAAP Secured Indebtedness Test to Senior Notes Indenture Secured Indebtedness Test	32
Reconciliation of GAAP Interest Coverage Ratio to Senior Notes Indenture EBITDA-to-Interest Coverage Ratio	33
Reconciliation of GAAP Assets to Indebtedness Test to Senior Notes Unencumbered Assets to Unsecured Indebtedness Test	34
Hotels with Suspended Operations	35

NOTES TO SUPPLEMENTAL FINANCIAL INFORMATION	36
All Owned Hotel Operating Statistics and Results	37
Non-GAAP Financial Measures	37

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OVERVIEW

PROPERTY

LEVEL DATA

CAPITALIZATION

COVID-19 DATA

NOTES TO

SUPPLEMENTAL

FINANCIAL

INFORMATION

HOST HOTELS & RESORTS,

CORPORATE HEADQUARTERS

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ANDAZ MAUI AT

WAILEA RESORT

ABOUT HOST HOTELS & RESORTS

PREMIER US LODGING REIT

S&P	$7.7	$11.0
500	BILLION	BILLION
COMPANY	MARKET CAP(1)	ENTERPRISE VALUE(1)

LUXURY & UPPER UPSCALE CONSOLIDATED HOTELS PORTFOLIO

79	46,100	22
HOTELS	ROOMS	TOP US MARKETS

1. Based on market cap as of September 30, 2020. See Comparative Capitalization for calculation.

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