HST · 10-Q · 2026Q2 · Full report

Customer Dynamics

HOST HOTELS & RESORTS, INC. · 2026-08-07 · Importance 37 · Surprise 32

Host’s customer mix consists primarily of transient, group and contract customers, representing approximately 61%, 34% and 5% of 2025 room sales, respectively. Second-quarter transient room nights declined 0.7%, but transient revenue rose 6.9% as average rates increased 7.7%, reflecting leisure demand, resort performance and FIFA World Cup-related travel. Group room nights increased 3.5% and group revenue increased 7.4%, driven by strong event-related demand, rate growth and recently completed renovations. Contract room nights increased 3.4% and contract revenue increased 6.6% in the quarter; year-to-date contract revenue increased 8.5%.

Key facts

• For the second quarter of 2026, transient revenue increased 6.9%, with average rates up 7.7% for the quarter versus 2025. source
• For the second quarter of 2026, group revenue increased 7.4% versus 2025. source
• Transient business accounted for approximately 61% of full year 2025 room sales; group approx. 34% and contract approx. 5%. source