• Host Hotels & Resorts average operating margin for 2023 was 16.11%, a 55.2% decline from 2022.
• Host Hotels & Resorts average operating margin for 2022 was 10.38%, a 120.21% increase from 2021.
• Host Hotels & Resorts average operating margin for 2021 was -51.36%, a 199.82% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.