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EX-99.1 12 hst-20241231xexx991.htm EX-99.1 HOST HOTELS & RESORTS, INC - Ground Lease Summary

EXHIBIT 99.1
HOST HOTELS & RESORTS, INC. AND SUBSIDIARIES
GROUND LEASE SUMMARY

As at December 31, 2024
HotelNo. of roomsMinimum rentCurrent expiration
Expiration after all potential options (1)
1Boston Marriott Copley Place1,145N/A (2)12/31/212312/31/2123
2Coronado Island Marriott Resort & Spa300$1,565,770 10/31/206210/31/2078
3Denver Marriott West305160,000 12/28/202812/28/2058
4Houston Airport Marriott at George Bush Intercontinental5731,560,000 10/31/205310/31/2053
5Houston Marriott Medical Center/Museum District398160,000 12/28/202912/28/2059
6Manchester Grand Hyatt San Diego1,6286,600,000 5/31/20675/31/2083
7Marina del Rey Marriott3701,991,076 3/31/20433/31/2043
8Marriott Downtown at CF Toronto Eaton Centre461347,600 9/20/20829/20/2082
9Marriott Marquis San Diego Marina1,3667,650,541 11/30/206111/30/2083
10Newark Liberty International Airport Marriott5912,676,119 12/31/205512/31/2055
11Philadelphia Airport Marriott4191,504,633 6/29/20456/29/2045
12San Antonio Marriott Rivercenter1,000700,000 12/31/203312/31/2063
13San Francisco Marriott Marquis1,5001,500,000 8/25/20468/25/2076
14Santa Clara Marriott766100,025 11/30/202811/30/2058
15Tampa Airport Marriott2981,545,291 12/31/204312/31/2043
16The Ritz-Carlton, Marina del Rey3042,078,916 7/29/20677/29/2067
17The Ritz-Carlton, Tysons Corner3981,043,459 6/30/21126/30/2112
18The Westin Cincinnati456— (3)12/31/209412/31/2124
19The Westin South Coast Plaza, Costa Mesa (4)393178,160 9/30/20259/30/2025
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(1)Exercise of Host’s option to extend is subject to certain conditions, including the existence of no defaults and subject to any applicable rent escalation or rent re-negotiation provisions.
(2)The lease was amended in 2024 resulting in extension of the term and an upfront payment for the extension. No further rental payments are required for the remainder of the lease term.
(3)Effective April 1, 2024, the ground lease for The Westin Cincinnati was amended and restated. As a result, the revised minimum rent is $0 from the effective date through December 31, 2025, subsequently increasing to $100,000 by 2030.
(4)We have reached a preliminary agreement with the Lessor for an extension on the lease term, however there can be no assurance that the agreement will be executed and under the terms negotiated.