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A comment on The WeWork IPO. Parent comment

Re:The WeWork IPO by somethoughts on Tuesday August 20, 2019 @07:40PM (#20753355)
The Marriott REIT is Host Hotels which is the owner of the physical properties. It does own all its hotels and Marriott leases them. Its a symbiotic relationship.

The analogy would be: Marriott is to Host Hotels as WeWork is to multiple office property owners

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Re:The WeWork IPO by heymijo on Tuesday August 20, 2019 @08:22PM (#20753584)
So that's a stark contrast. Host Hotels (Marriott) is sitting on an appreciable asset while WeWork has off-balance sheet operating leases.

https://www.investopedia.com/terms/o/operatinglease.asp

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