HST · 10-Q · 2026Q3 · Full report
Acquisition / Partnership / Divestiture
HOST HOTELS & RESORTS, INC. · 2026-11-06 · Importance 65 · Surprise 60 · In source text
In February 2026, Host sold the Four Seasons Resort Orlando at Walt Disney World Resort and Four Seasons Resort and Residences Jackson Hole for $1.1 billion, with estimated net proceeds of $1.029 billion. Through November 4, 2026, total dispositions generated $1.088 billion in net proceeds on $1.163 billion of sales. In October, Host acquired 1 Hotel Brooklyn Bridge for a net investment of $202 million and Renaissance Dallas at Plano Legacy West Hotel for $172 million, totaling $374 million. The October acquisitions and payment of the third-quarter dividend reduced cash by approximately $500 million after quarter end.
Key facts
- Subsequent to September 30, 2026, Host acquired the fee simple interest in the 308-room Renaissance Dallas at Plano Legacy West Hotel for $172 million. source
- Subsequent to September 30, 2026, Host acquired the leasehold interest in the 195-room 1 Hotel Brooklyn Bridge for $202 million, net of $4 million of seller-funded FF&E replacement funds; the ground lease expires in 2109. source
- Host invested approximately $375 million to complete acquisitions of the Renaissance Dallas at Plano Legacy West Hotel and 1 Hotel Brooklyn Bridge after Q3 2026. source
- Host completed the acquisition of 1 Hotel Brooklyn Bridge in October 2026 for an investment of $202 million, net of a $4 million seller-funded FF&E reserve. source
- Host completed the acquisition of Renaissance Dallas at Plano Legacy West Hotel in October 2026 for $172 million. source
- Host's two October 2026 acquisitions totaled $374 million. source
- The February 2026 sale of the Four Seasons Resort and Residences Jackson Hole and Four Seasons Resort Orlando at Walt Disney World Resort had a $1.1 billion sales price and estimated net proceeds of $1.029 billion. source
- Host recorded $235 million of other gains year-to-date in 2026 from sales of The St. Regis Houston, Four Seasons Resort Orlando at Walt Disney World Resort, Four Seasons Resort and Residences Jackson Hole, and Sheraton Parsippany Hotel in the first half of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +17.4% | Host recorded $235 million of other gains year-to-date in 2026 from sales of The St. Regis Houston, Four Seasons Resort Orlando at Walt… |
| cash | negative | committed | -1.3% | Subsequent to September 30, 2026, Host acquired the leasehold interest in the 195-room 1 Hotel Brooklyn Bridge for $202 million, net of $4… |
| assets | positive | committed | +1.3% | Subsequent to September 30, 2026, Host acquired the leasehold interest in the 195-room 1 Hotel Brooklyn Bridge for $202 million, net of $4… |
| cash | negative | committed | -1.1% | Subsequent to September 30, 2026, Host acquired the fee simple interest in the 308-room Renaissance Dallas at Plano Legacy West Hotel for… |
| assets | positive | committed | +1.1% | Subsequent to September 30, 2026, Host acquired the fee simple interest in the 308-room Renaissance Dallas at Plano Legacy West Hotel for… |