Currently, the Status column displays the Host CR status based on its conditions.
However, a host has an intrinsic status on the VMware side and it should be displayed when no Host CR exist.

There is a Host.overallStatus property that can have the "grey", "green", "yellow" and "red" values. It would be great to add it to the inventory properties, as well as set a condition on the Host CR if the value is not "green".