HST · Real Estate

HOST HOTELS & RESORTS, INC.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

10-Q · 2026-08-07

• Capital Return ProgramImportance 64 · Surprise 42
  Following the February 2026 hotel sale, Host paid a $0.72-per-share special dividend on July 15, 2026, distributing approximately $500 million of taxable gain. The second-quarter regular and special dividends reduced…
• Equity Capital RaiseImportance 64 · Surprise 42
  In May 2026, Host amended and extended an at-the-market distribution agreement with eight sales agents, including J.P. Morgan, BofA Securities, Goldman Sachs, Morgan Stanley and Wells Fargo. The program permits the…
• Senior Note Repurchase AuthorityImportance 64 · Surprise 42
  In February 2026, Host’s Board authorized repurchases of up to $1.0 billion of senior notes outside their contractual terms. The entire authorization remained available as of the filing. Repurchases may occur through…
• Guidance / OutlookImportance 63 · Surprise 60
  Host expects comparable hotel RevPAR growth of 4.75% to 5.25% for full-year 2026. Management expects strong leisure demand and modest improvements in short-term booking trends, while year-over-year margin comparisons…
• Operating Cash Flow TrendsImportance 54 · Surprise 40
  Year-to-date net cash provided by operating activities increased to $845 million in 2026 from $749 million in 2025, a $96 million improvement. Host attributed the increase to improved operating performance at its…
• Acquisition / Partnership / DivestitureImportance 52 · Surprise 42
  Host is executing a Hyatt transformational capital program across six portfolio properties, with expected investment of approximately $125 million to $200 million annually through 2027 and total investment of…
• Capital Expenditure ProgramImportance 52 · Surprise 42
  Host spent $103 million on return-on-investment capital projects and $140 million on renewal and replacement projects through the second quarter of 2026. The Hyatt transformational program covers six properties, has an…
• Capital Expenditure OutlookImportance 52 · Surprise 42
  Host expects total 2026 capital expenditures of $550 million to $630 million, including approximately $250 million to $285 million of return-on-investment projects and $275 million to $315 million of renewal and…
• Revenue Performance and MixImportance 49 · Surprise 32
  Total revenue increased 3.4% to $1.640 billion in the second quarter of 2026 and 3.3% to $3.285 billion year-to-date versus 2025. Comparable hotel RevPAR increased 7.0% in the quarter and 5.7% year-to-date, driven by…
• Operating Expense TrendsImportance 49 · Surprise 32
  Total property-level operating expenses declined 1.5% to $1.274 billion in the second quarter and 0.9% to $2.558 billion year-to-date, primarily because of hotel dispositions. Comparable hotel rooms expenses increased…
• Outstanding IndebtednessImportance 49 · Surprise 6
  As of June 30, 2026, Host had $5.1 billion of total debt with a 4.8% weighted-average interest rate and a 4.7-year weighted-average maturity. Fixed-rate borrowings represented 80% of total debt, reducing exposure to…
• Liquidity and Debt PositionImportance 49 · Surprise 6
  As of June 30, 2026, Host Hotels & Resorts had $1,953 million of cash and cash equivalents, $156 million in FF&E escrow reserves and $1.5 billion available under its revolving credit facility. Total debt was $5.1…
• Geographic Revenue PerformanceImportance 45 · Surprise 64
  Second-quarter Total RevPAR growth was led by Austin, Washington, D.C. and Northern Virginia, which increased 53.4%, 20.4% and 13.5%, respectively, primarily because of completed renovations and reduced renovation…
• Operating Margin DriversImportance 37 · Surprise 32
  GAAP operating profit margin increased 40 basis points to 17.9% in the second quarter and 90 basis points to 18.6% year-to-date in 2026. Comparable hotel EBITDA margin increased 60 basis points to 31.9% in the quarter…
• Market Demand TrendsImportance 37 · Surprise 32
  Comparable hotel RevPAR increased 7.0% in the second quarter and 5.7% year-to-date, driven by higher room rates, slight occupancy growth, strong transient leisure demand at resorts, FIFA World Cup matches and robust…
• Customer DynamicsImportance 37 · Surprise 32
  Host’s customer mix consists primarily of transient, group and contract customers, representing approximately 61%, 34% and 5% of 2025 room sales, respectively. Second-quarter transient room nights declined 0.7%, but…
• Occupancy and Leasing ActivityImportance 37 · Surprise 32
  Comparable hotel occupancy increased to 74.9% in the second quarter from 74.1% in the prior-year quarter, while average room rate increased 5.8% and RevPAR increased 7.0%. Year-to-date occupancy was 72.6%, up from…
• Same-Property NOI GrowthImportance 37 · Surprise 32
  Comparable hotel Total RevPAR increased 5.9% in the quarter and 5.3% year-to-date, while comparable hotel RevPAR increased 7.0% and 5.7%, respectively, compared with the prior-year periods. The portfolio included 74…
• Income Tax Rate ChangesImportance 35 · Surprise 38
  Host recorded a net income tax provision of $18 million in the second quarter of 2026 and $35 million year-to-date. The provision primarily reflected profitability from hotel operations retained by taxable REIT…

News · 2026-08-06

• Guidance and OutlookImportance 62 · Surprise 68
  Host Hotels raised its 2026 comparable hotel RevPAR and Total RevPAR growth guidance to 4.75%–5.25%. Full-year 2026 revenue guidance was set at $6.12 billion–$6.15 billion, broadly in line with the $6.14 billion…
• Market Demand TrendsImportance 31 · Surprise 32
  Host Hotels reported comparable hotel RevPAR growth of 7.0% in the second quarter, while comparable Total RevPAR increased 5.9%. Demand was driven by solid rate growth, robust leisure transient demand, and healthy…
• Operating Margin DriversImportance 25 · Surprise 32
  Second-quarter adjusted EBITDAre increased 5.8% year over year to $525 million. Adjusted EBITDAre margin expanded 60 basis points to 31.9%, reflecting stronger RevPAR, event and resort demand, group business, and…

8-K · 2026-08-05

• Guidance and OutlookImportance 74 · Surprise 68
  Host raised its full-year 2026 comparable hotel Total RevPAR and RevPAR growth guidance to 4.75%–5.25% over 2025, from previous ranges of 3.5%–5.0% and 3.0%–4.5%, respectively. Management expects strong leisure demand…
• Quarterly Dividend DeclarationImportance 64 · Surprise 42
  Host paid a second-quarter 2026 common-stock cash dividend of $0.92 per share on July 15, 2026, to stockholders of record on June 30, 2026. The payment included a $0.72-per-share special dividend that distributed…
• Capital Expenditure ProgramImportance 50 · Surprise 24
  Host spent $243 million on total capital expenditures and $259 million of total capital allocation through June 30, 2026. Year-to-date spending included $73 million for Marriott and Hyatt transformational capital…
• Weather Impact on DemandImportance 46 · Surprise 42
  Host is still evaluating the complete property and business interruption effects of the Kona Low rainstorm that damaged its Hawaii properties in March 2026. The company currently estimates total property costs of…
• Geographic Market CommentaryImportance 45 · Surprise 64
  Second-quarter comparable RevPAR growth was strongest in Austin at 54.7%, Washington, D.C. (CBD) at 16.5%, Northern Virginia at 15.8%, Maui at 13.6%, and Miami at 13.1%. Comparable Total RevPAR increased more than 10%…
• Market Demand TrendsImportance 43 · Surprise 32
  Comparable hotel RevPAR increased 7.0% year over year to $251.53 in the second quarter of 2026, while comparable hotel Total RevPAR rose 5.9% to $417.58. Growth was driven by higher room rates, strong transient leisure…
• Customer Demand MixImportance 43 · Surprise 32
  Host’s 2025 room sales were approximately 61% transient, 34% group, and 5% contract business. In the second quarter of 2026, transient room nights decreased 0.7% year over year, while group and contract room nights…
• Operating Margin DriversImportance 42 · Surprise 14
  Second-quarter GAAP operating profit increased to $293 million from $277 million, and the GAAP operating profit margin improved 40 basis points to 17.9%. Higher room rates offset wage expense increases and a $9 million…
• Income Tax Rate ChangesImportance 39 · Surprise 38
  Second-quarter 2026 income tax provision declined to $18 million from $27 million despite income before taxes increasing to $259 million from $252 million. Year-to-date income tax expense increased to $35 million from…
• Liquidity and Debt PositionImportance 37 · Surprise 6
  At June 30, 2026, Host reported total assets of $13.3 billion and total debt of $5.1 billion. Debt had a weighted average maturity of 4.7 years, a weighted average interest rate of 4.8%, and no maturities in 2026.…
• Condominium Development StrategyImportance 34 · Surprise 42
  Host stated that the sale of seven villas at the recently completed development adjacent to the Four Seasons Resort Orlando at Walt Disney World® Resort contributed $8 million to second-quarter 2026 net income and…
• Revenue Performance and MixImportance 33 · Surprise 6
  The comparable-hotel table reports total revenues of $5,847 million after $139 million of property transaction adjustments, versus unadjusted total revenues of $6,124 million. Rooms generated $3,503 million of adjusted…
• Occupancy and Leasing ActivityImportance 3 · Surprise 6
  Host Hotels owned 75 hotels as of June 30, 2026, of which 74 were classified as comparable hotels. The Don CeSar was excluded because Hurricane Helene caused a business-disruption closure beginning at the end of…

News · 2026-08-05

• Guidance and OutlookImportance 62 · Surprise 68
  Host Hotels raised its 2026 comparable hotel RevPAR and Total RevPAR growth guidance to 4.75%–5.25%. Full-year 2026 revenue guidance was set at $6.12 billion–$6.15 billion, broadly in line with the $6.14 billion…
• Capital Return ProgramImportance 46 · Surprise 42
  Host Hotels declared a $0.92-per-share second-quarter dividend. The dividend included a $0.72-per-share special distribution funded by asset-sale proceeds, alongside the regular quarterly dividend. The company reported…
• Revenue Performance and MixImportance 31 · Surprise 32
  Second-quarter 2026 revenue was $1.64 billion, exceeding the FactSet estimate of $1.62 billion. Comparable hotel RevPAR increased 7.0% year over year, while comparable hotel Total RevPAR rose 5.9%. Growth was driven by…

News · 2026-08-04

• ESG and sustainabilityImportance 34 · Surprise 42
  Host Hotels released its 2026 Corporate Responsibility Report, highlighting climate-risk assessment, renewable-energy sourcing, resilience investment, and community programs. The company reported approximately $300…