HST · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

HOST HOTELS & RESORTS, INC. · 2026-08-07 · Importance 49 · Surprise 6 · In source text

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 billion, with a 4.8% weighted-average interest rate, 4.7-year weighted-average maturity and 80% fixed-rate exposure. The next significant maturity is a $500 million term loan due in January 2027, with a one-year extension option subject to conditions. Host remained compliant with its credit-facility and senior-note covenants, including a 1.9x leverage ratio versus a 7.25x maximum and 7.4x unsecured interest coverage versus a 1.75x minimum.

Key facts

• As of June 30, 2026, we had $1.5 billion available under the revolver portion of our credit facility. source
• As of June 30, 2026, we had $1,953 million of cash and cash equivalents. source
• The unaudited condensed consolidated statements of cash flows reflect $1,018 million of the estimated net proceeds received through the second quarter of 2026 from the Four Seasons sales. source
• The current conversion ratio is 1.021494 shares of Host Inc. common stock for each Host L.P. common OP unit. source
• As of June 30, 2026, Host Inc. is the owner of approximately 99% of the Host L.P. common OP units. source
• Host Inc. holds approximately 99% of Host L.P.'s partnership interests. source

Impact estimates