HST · 10-Q · 2026Q3 · Full report

Condominium Development Strategy

HOST HOTELS & RESORTS, INC. · 2026-11-06 · Importance 52 · Surprise 42

Host completed construction of 40 Four Seasons-branded and managed condominiums on a five-acre parcel adjacent to Four Seasons Resort Orlando at Walt Disney World Resort. It spent $17 million on development costs year-to-date in 2026 and recognized $7 million of third-quarter revenue from one villa sale. Year-to-date condominium revenue totaled $86 million from eight villa sales, including the third-quarter sale.

Key facts

• Host completed construction of 40 Four Seasons-branded and managed condominiums on a five-acre parcel adjacent to Four Seasons Resort Orlando at Walt Disney World Resort. source
• Host spent $17 million on development costs for the Orlando condominium project year-to-date in 2026, completing the villas and final project stages, and recognized $7 million in third-quarter 2026 revenue from one villa sale. source
• The development and sale of condominium units adjacent to the Four Seasons Resort Orlando at Walt Disney World® Resort generated approximately $1 million of revenues and costs, including marketing and administrative expenses, in the quarter ended September 30, 2026, and approximately $3 million year-to-date. source
• Host recognized $7 million of revenue in the third quarter of 2026 from the sale of one villa at the development adjacent to Four Seasons Resort Orlando at Walt Disney World Resort. source
• Host recognized $7 million and $86 million of condominium sales revenue in the third quarter and year-to-date 2026, respectively, from units at the development adjacent to Four Seasons Resort Orlando at Walt Disney World Resort. source