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Host Hotels & Resorts, Inc. (HST) CEO James Risoleo on Q1 2021 Results - Earnings Call Transcript

May 05, 2021 3:21 PM ETHost Hotels & Resorts, Inc. (HST)
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Host Hotels & Resorts, Inc. (NASDAQ:HST) Q1 2021 Earnings Conference Call May 5, 2021 11:00 AM ET

Company Participants

Tejal Engman - SVP, Investor Relation

James Risoleo - President, CEO & Director

Sourav Ghosh - EVP, CFO & Treasurer

Conference Call Participants

William Crow - Raymond James & Associates

Robin Farley - UBS

Neil Malkin - Capital One Securities

Thomas Allen - Morgan Stanley

Smedes Rose - Citigroup

Lukas Hartwich - Green Street Advisors

Chris Woronka - Deutsche Bank

Aryeh Klein - BMO Capital Markets

Anthony Powell - Barclays Bank


Good day, everyone, and welcome to the Host Hotels & Resorts First Quarter 2021 Earnings Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the call over to Tejal Engman, Senior Vice President of Investor Relations. Please go ahead.

Tejal Engman

Thank you, and good morning, everyone. Before we begin, please note that many of the comments made today are considered to be forward-looking statements under federal securities laws.

As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expressed, and we are not obligated to publicly update or revise these forward-looking statements. In addition, on today's call, we will discuss certain non-GAAP financial information such as FFO, adjusted EBITDAre, cash burn and hotel-level results.

You can find this information, together with the reconciliations to the most directly comparable GAAP information in yesterday's earnings press release and our 8-K filed with the SEC and in the supplemental financial information on our website at hosthotels.com.

Participating in today's call with me will be Jim Risoleo, President and Chief Executive Officer; and Sourav Ghosh, Executive Vice President, Chief Financial Officer and Treasurer.

And now I'd like to turn the call

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