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This name would be well suited to a retail or e-commerce company.
The name "LootHost" has eight letters and only two syllables. Two syllable names make popular global brands. Successful brands using two syllable names include Walgreens, Visa and Dropbox.
Loothost.com is a dot com domain. Dot com is the most valuable domain extension. Once secured, a dot com all but guarantees no-one else can outrank you for your own name in the long run.
One suggestion for how this name could sound when used.