HST · 10-Q · 2026Q2 · Full report

Capital Expenditure Outlook

HOST HOTELS & RESORTS, INC. · 2026-08-07 · Importance 52 · Surprise 42 · In source text

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 replacement expenditures. The company expects to spend approximately $175 million to $200 million on Marriott and Hyatt transformational programs during 2026. It also expects to spend $25 million to $30 million restoring Hawaii properties after the March 2026 Kona Low rainstorm, with total property costs currently estimated at $27 million to $32 million and insurance expected to cover damage above the deductible. Year-to-date through June 30, 2026, Host had spent $103 million on ROI projects and $140 million on renewal and replacement projects.

Key facts

• 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. source
• Host expects estimated spend of $25 million to $30 million for restoration work at Hawaii properties following the March 2026 Kona Low rainstorm; total property costs are currently estimated at approximately $27 million to $32 million, which includes remediation costs of approximately $2 million. source

Impact estimates