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Host Marriott

Host Marriott is one of the publicly traded companies having a good stock performance result. Host Marriott is a fortune 500 stock listed company trading under HMT.

The largest hotel real estate investment trust in the US, Host Marriott owns more than 100 luxury and upper-upscale hotels in North America. Most of its hotels operate under the Marriott and Ritz-Carlton brands and are managed by sister firm Marriott International. Other brands of the company include Four Seasons, Swissotel, and Hyatt.

Total revenue increased 9.7 percent to 1,272 million dollars for the fourth quarter and 8.6 percent to 3,881 million dollars for full Year 2005.Net income increased 13 million dollars to 74 million dollars for the fourth quarter and increased from a loss of 0.01 million dollars for full year 2004 to net income of 166 million dollars for full year 2005.
For the fourth quarter and full year 2005, net income includes net gains of 7 million dollars, or 0 .02 dollars per diluted share and 21 million dollars or .06 dollars per diluted share, respectively. These gains are from the transactions like the sale of a significant interest in a joint venture, gains on hotel dispositions and costs associated with the refinancing of senior notes and the redemption of preferred stock. By comparison, for the fourth quarter and full year 2004, net income includes a net gain of 30 million dollars or 0.08 per dollar diluted share and a net loss of 12 million dollars respectively associated with similar transactions in 2004.
For full year 2006, the Company expects its operating profit margins under GAAP to increase approximately 210 basis points to 270 basis points and its comparable hotel adjusted operating profit margins to increase approximately 140 basis points to 175 basis points. Based upon this guidance and the assumption that the Starwood acquisition of 38 hotels will be substantially completed in early April, the Company estimates that for 2006 earnings per diluted share should be approximately 0.099 dollars to 1.01 dollars for the first quarter and 1.44 dollars to 1.54 dollars for the full year; net income should be appproximately 379 million dollars to 387 million dollars for the first quarter and 724 million dollars to 774 million dollars for the full year.
The Host Marriott strives for excellence in everything that they do including excellent customer service for customers, a great place to work for employees and outstanding
performance for shareholders. It will be customers' choice for high-quality.

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