HST · Full Picture

HOST HOTELS & RESORTS, INC. — the full picture

Earnings window · 2026-07-17 to 2026-08-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Capital Return Program · Buybacks & dividendsPriority 81
    -19.6% cash (realized); 2 sources (news, sec_filing); 1 forward row(s); structured_verified
    Following the February 2026 sale of the Four Seasons Resort Orlando at Walt Disney World Resort and the Four Seasons Resort and Residences Jackson Hole for a sale price of $1.1 billion, Host Inc.'s Board of Directors approved a $0.72 special dividend in the second quarter that was paid on July 15, 2026.
  2. Acquisition / Partnership / Divestiture · M&A and divestituresPriority 75
    +14.7% net_income (realized); structured_verified
    The table of significant dispositions shows total net proceeds of $1,094 million and total sales price of $1,163 million for dispositions completed through August 5, 2026.
  3. Capital Expenditure Outlook · UnclassifiedPriority 72
    -4.0% cash; 3 forward row(s); structured_verified
    For full year 2026, Host expects total capital expenditures of $550 million to $630 million: ROI projects approximately $250 million to $285 million (including approximately $175 million to $200 million for Marriott and Hyatt programs) and renewal and replacement expenditures of $275 million to $315 million.
  4. Guidance and Outlook · Guidance & outlookPriority 71
    3 sources (news, press_release, sec_filing); 12 forward row(s); quote_verified
    Host Hotels & Resorts expects full-year 2026 revenue in the range of $6.12 billion to $6.15 billion.
  5. Revenue Performance and Mix · Revenue growth & mixPriority 70
    +8.6% revenue (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Total revenues for the quarter ended June 30, 2026: $1,640 million, up 3.4% versus $1,586 million in 2025.
  6. Capital Expenditure Program · Capital expenditurePriority 69
    +3.0% operating_income; 2 sources (press_release, sec_filing); 6 forward row(s); structured_verified
    Marriott transformational capital program: Host expects to spend between $300 million and $350 million through 2029; Marriott provided operating profit guarantees of approximately $18 million (net of reductions for incentive management fees).
  7. Senior Note Repurchase Authority · UnclassifiedPriority 67
    quote_verified
    In February 2026, Host Inc.’s Board of Directors authorized repurchases of up to $1.0 billion of senior notes other than in accordance with their respective terms, and the entire $1.0 billion remains available under this authority.
  8. Liquidity and Debt Position · Debt, leverage & refinancingPriority 66
    2 sources (press_release, sec_filing); 1 forward row(s); quote_verified
    As of June 30, 2026, we had $1.5 billion available under the revolver portion of our credit facility.
  9. Equity Capital Raise · Equity issuance & dilutionPriority 65
    quote_verified
    In May 2026, we amended and extended a distribution agreement pursuant to which Host Inc. may offer and sell, from time to time, shares of Host Inc. common stock having an aggregate offering price of up to $600 million.
  10. Outstanding Indebtedness · Debt, leverage & refinancingPriority 62
    -2.9% liability; 2 forward row(s); structured_verified
    Our next significant debt maturity is in January 2027, which is for one of the two $500 million term loans under our credit facility.
  11. Quarterly Dividend Declaration · Buybacks & dividendsPriority 60
    1 forward row(s); quote_verified
    Special dividend portion: $0.72 per share representing distribution of approximately $500 million taxable gain from Four Seasons sales completed in Q1 2026
  12. Operating Margin Drivers · Operating income & profitabilityPriority 56
    +5.7% operating_income (realized); 2 sources (press_release, sec_filing); quote_verified
    EBITDAre for Q2 2026: $519 million, up 5.7% vs Q2 2025

Threads by pillar

Revenue & Demand Priority 84 · 7 threads

Costs & Margins Priority 63 · 2 threads

Capital & Balance Sheet Priority 95 · 8 threads

Strategy & Portfolio Priority 77 · 2 threads

Guidance & Outlook Priority 71 · 1 thread

Macro & Market Conditions Priority 41 · 1 thread

Management & Governance Priority 45 · 1 thread

Unclassified Priority 82 · 4 threads

Expected impact by metric

metricforward netforward grossrealized
cash-6.5%+6.5%-5.8%
assets+6.3%+6.3%+1.9%
operating_income+4.6%+4.6%+7.6%
liability-2.9%+3.5%—
net_income+0.9%+0.9%+17.6%
revenue——+6.0%