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HOST HOTELS & RESORTS® Revenues All owned hotel revenues ( pro forma ) ( 1 ) All owned hotel ( pro forma ) Total RevPAR - Host Hotels & Resorts , Inc. Reports Results for Third Quarter 2021 Continued Quarterly Revenue Growth and Sequentially Improved Operations ; Exited Credit Facility Covenant Waiver - Three Quarters Ahead of its Expiration ; Successful Execution of Capital Allocation Strategy - Acquisition of Alila Ventana Big Sur and Disposition of Five Assets BETHESDA , MD ; November 3 , 2021 – Host Hotels & Resorts , Inc. ( NASDAQ : HST ) ( the “ Company ” ) , the nation's largest lodging real estate investment trust ( " REIT " ) , today announced results for third quarter 2021 . Constant US $ All owned hotel ( pro forma ) RevPAR - Constant US $ Net loss EBITDAre ( 1 ) Adjusted EBITDAre ( 1 ) Diluted loss per common share NAREIT FFO per diluted share ( 1 ) Adjusted FFO per diluted share ( 1 ) * OPERATING RESULTS ( unaudited , in millions , except per share and hotel statistics ) Quarter ended September 30 , 2021 844 $ 853 194.82 129.14 2021 ( 120 ) 179 177 Quarter ended September 30 , ( 0.17 ) 2020 0.20 0.20 198 220 50.15 31.71 2020 ( 316 ) ( 154 ) ( 111 ) Percent Change vs. Q3 2020 326.3 % 287.7 % 288.5 % 307.3 % Percent Change 62.0 % N / M N / M 61.4 % Percent Change N / M vs. Q3 2019 ( 2 ) SOURAV GHOSH Chief Financial Officer ( 240 ) 744-5267 ( 33.1 ) % $ ( 32.0 ) % ( 32.3 ) % ( 31.3 ) % $ Year - to - date ended September 30 , 2021 1,892 $ 1,978 152.19 99.68 2021 ( 334 ) $ 295 290 2020 1,353 Year - to - date ended September 30 , ( 0.47 ) 0.33 1,429 0.33 109.72 65.82 JAIME MARCUS Investor Relations ( 240 ) 744-5117 ir@hosthotels.com 2020 ( 675 ) ( 180 ) ( 136 ) Percent Change vs. YTD 2020 39.8 % ( 0.44 ) ( 0.95 ) ( 0.21 ) ( 0.25 ) ( 0.11 ) N / M ( 0.14 ) N / M Additional detail on the Company's results , including data for 21 domestic markets , is available in the Third Quarter 2021 Supplemental Financial Information available on the Company's website at www.hosthotels.com . 38.4 % 38.7 % 51.5 % Percent Change 50.5 % N / M N / M 50.5 % Percent Change vs. YTD 2019 ( 2 ) N / M ( 54.2 ) % ( 51.5 ) % ( 51.7 ) % ( 49.6 ) % James F. Risoleo , President and Chief Executive Officer , said , “ During the third quarter , we continued to see strong positive operating trends and significant sequential improvements across our port RevPAR was $ 129 for the quarter , representing a 26 % increase over the prior quarter . While much of the recovery has been concentrated in Sunbelt markets , our urban markets also saw significant RevPAR improvements during the third quarter . " ( 1 ) NAREIT Funds From Operations ( " FFO " ) per diluted share , Adjusted FFO per diluted share , EBITDAre , Adjusted EBITDAre and all owned hotel results ( pro forma ) are non - GAAP ( U.S. generally accepted accounting principles ) financial measures within the meaning of the rules of the Securities and Exchange Commission ( " SEC " ) . See the Notes to Financial Information on why the Company believes these supplemental measures are useful , reconciliations to the most directly comparable GAAP measure , and the limitations on the use of these supplemental measures . ( 2 ) Presentation includes comparisons to 2019 operating results in order to allow investors to better understand the trajectory and timing of any recovery from the COVID - 19 impacts on hotel operations . N / M = Not Meaningful