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Host Hotels & Resorts, Inc. (HST) Q2 2023 Earnings Call Transcript

Aug. 03, 2023 6:07 PM ETHost Hotels & Resorts, Inc. (HST)
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Host Hotels & Resorts, Inc. (NASDAQ:HST) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET

Company Participants

Jaime Marcus - SVP, IR

Jim Risoleo - President and CEO

Sourav Ghosh - EVP and CFO

Conference Call Participants

Duane Pfennigwerth - Evercore ISI

Aryeh Klein - BMO Capital Markets

Anthony Powell - Barclays

Smedes Rose - Citi

David Katz - Jefferies

Michael Bellisario - Baird

Bill Crow - Raymond James

Tyler Batory - Oppenheimer

Chris Woronka - Deutsche Bank

Robin Farley - UBS

Dori Kesten - Wells Fargo


Good afternoon, and welcome to the Host Hotels & Resorts Second Quarter 2023 Earnings Conference Call. Today's conference is being recorded. And at this time, I would like to turn the call over to Jaime Marcus, Senior Vice President of Investor Relations. You may go ahead.

Jaime Marcus

Thank you, and good afternoon, 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 and comparable hotel level results. You can find this information, together with 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.

With me on today's call are Jim Risoleo, President and Chief Executive Officer; and Sourav Ghosh, Executive Vice President and Chief Financial Officer.

With that, I would like to turn the call over to Jim.

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