What Are The Assets And Liabilities Of HST And Host L. P.

HST consolidates Host L.P. for financial reporting purposes, and HST does not have significant assets other than its investment in Host L.P. Therefore, the assets and liabilities of HST and Host L.P. are the same on their respective financial statements.
In 2013, net income improved $260 million in 2013 to $321 million. Net income benefited from the improvement in operating profit and decrease in interest expense of $69 million due to the repayment or refinancing of debt at lower interest rates. HST’s proceeds from these debt issuances, along with available cash, repaid approximately $1.9 billion of debt. This reflects net income the year on year change of 426 %. From 2009-2012, HST operated with losses in net income.
Net income improved

A new source of supply for the lodging has been the rapid growth of on-line short-term rentals such as Airbnb, VRBO, Homeway and Tripping.com. However, the impact on the hotel industry and the availability of these outlets is more variable than typical changes in supply from hotel construction and tends to be very market specific (Sec.gov, 2018).

Five-forces Analysis
Power of Buyers - Low. Buying hotels and real estate require a significant amount of funds. Three factors limit buyers in their acquisition (a) the switching cost is high, (b) the seller’s brand reputation is important to buyers, and (c) the collaboration with sellers to find a win-win position.
Buyers in the lodging industry carry a high switching cost due to location, tenant leases, rent increases or profit sharing agreements (Morningstar, 2010).
Threat of Suppliers – Low. The industry identifies two types of suppliers, construction companies and suppliers of food, furniture, and laundry. Construction companies are highly affected by market conditions either causing them to stop expanding or renovating during the economic downturn and tended to save cash or building more to forecasted demands. The plentiful amount suppliers of food, furniture, and laundry in each location provides low threat to the industry (IBISWorld,

Chemicals used in mining deposits dangerous contaminants inside the soil and water table. Water assessments have shown the water contains dangerous toxins like uranium, arsenic and cyanide. Land near these areas have been made sterile for farming and overgrazing of livestock continues to make it worst.
In South Africa’s Great Escarpment, many of its rivers have a very high runoff rate and thus contribute to serious soil erosion. In addition, the demand for water has called for several dams to be built. With a high rate of future economic development and population growth projected, SA may have challenging times ahead in meeting water demands. Inadequate freshwater is connected to other issues like loss of forests, normal habitats and climate change.
South Africa's New Growth Path called for an economy that is more inclusive and environmentally sustainable. One of the plan's priorities is to spur environmentally friendly economic growth by expanding the creation of technologies for solar, wind and biofuels. The plan also called for the clean technology sector to generate 300,000 jobs by 2020 (Smith,