HST · 10-Q · 2026Q2 · Full report
Guidance / Outlook
HOST HOTELS & RESORTS, INC. · 2026-08-07 · Importance 63 · Surprise 60 · In source text
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 are expected to moderate in the second half due primarily to lower room-rate growth. The July 2026 Blue Chip Economic Indicators survey projects approximately 2.1% real GDP growth in 2026, with moderating consumer spending and growth increasingly led by business investment. Ongoing Middle East conflict, potentially higher energy prices, renewed inflationary pressure, trade-policy developments and broader economic uncertainty are identified as downside risks to travel demand.
Key facts
- Host expects comparable hotel RevPAR growth for full year 2026 to be between 4.75% and 5.25%. source
- Host expects year-over-year margin comparisons to moderate as the year progresses driven by lower room rate growth expectations in the second half of 2026. source
- Host expects its insurance coverage to substantially cover the property damage in excess of its insurance deductible related to the Kona Low rainstorm. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Host expects comparable hotel RevPAR growth for full year 2026 to be between 4.75% and 5.25%. |
| margin | negative | probable | — | Host expects year-over-year margin comparisons to moderate as the year progresses driven by lower room rate growth expectations in the… |
| net_income | positive | probable | — | Host expects its insurance coverage to substantially cover the property damage in excess of its insurance deductible related to the Kona… |