Host Hotels & Resorts, Inc. (NasdaqGS:HST) is looking for investments. James F. Risoleo, President, Chief Executive Officer & Director said, "We are constantly evaluating investment opportunities, David. And I think what has happened, at least through our lens, as we view the world today.

As other hotel owners have seen the cadence of the recovery, we're seeing 1 or 2 things happening. Pricing expectations for a number of the properties that have been in the market early in this year have been beyond our reach. We just have not been able to pencil the underwriting to make sense.

Other assets that we would like to buy, and that's because everyone is expecting a strong recovery, which, obviously, our first quarter results and our April numbers are validating as we move into 2022 and beyond. Other assets that are -- that we might want to acquire just aren't available for sale right now as owners sit and wait until cash flow recovers”.