HST · 8-K · 20260805PR000122

Weather Impact on Demand

HOST HOTELS & RESORTS, INC. · 2026-08-05 · Importance 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 approximately $27–$32 million, including roughly $2 million of remediation costs, and expects insurance to substantially cover property damage above the deductible. Remediation is substantially complete and the hotels remained operational, with isolated water damage. The 2026 forecast assumes continued recovery at Maui properties from the 2023 wildfires, although the timing of full recovery remains uncertain.

Key facts

• The company estimates total property costs from Kona Low rainstorm in March 2026 at approximately $27 million to $32 million, including remediation costs of approximately $2 million source
• Remediation efforts for Kona Low rainstorm are substantially complete and hotels remained operational with isolated instances of water damage source
• The Don CeSar was closed beginning at the end of September 2024 due to business disruption from Hurricane Helene and reopened in March 2025 source