Because you're not returning anything from getAllHosts.
Try like this
const getAllHosts = (db) => {
   return new Promise((resolve, reject) => {
     db.find({}, (err, hosts) => {
       if (err) return reject(err);
       resolve(hosts)
     })
  })
}
getAllHosts().then(hosts => console.log(hosts)).catch(err => console.err(err))
If your db.find already returns a promise, you can try something like this
const getAllHosts = async (db) => {
   try {
     const hosts = await db.find({})
     return hosts
   } catch(err) {
     throw err
   }
}
getAllHosts().then(hosts => console.log(hosts)).catch(err => console.err(err))