HST · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

HOST HOTELS & RESORTS, INC. · 2026-11-06 · Importance 24 · Surprise 14 · In source text

Third-quarter 2026 total revenue increased 1.2% to $1.347 billion, while year-to-date revenue rose 2.7% to $4.632 billion; comparable hotel revenue grew 7.4% for the quarter and 5.9% year-to-date. Comparable RevPAR increased 8.8% for the quarter and 6.6% year-to-date, driven by room-rate growth of 5.7% and 5.0%, respectively, and stronger occupancy; comparable food-and-beverage revenue rose 6.2% and 5.5%. Revenue growth was partly offset by $80 million of third-quarter revenue lost from hotel dispositions and by the one-month closure of Alila Ventana Big Sur; condominium sales contributed $7 million in the quarter and $86 million year-to-date. Third-quarter comparable Total RevPAR rose 19.0% in Washington, D.C., 13.4% in Boston, 15.8% on the Florida Gulf Coast, and 62.4% in Austin, while Phoenix declined 31.9%; year-to-date international comparable Total RevPAR rose 12.9% versus 5.7% domestically.

Key facts

• Alila Ventana Big Sur was closed for one month in the third quarter of 2026 due to wildfire evacuations, reducing Host’s revenues. source
• Host’s 2025 and 2026 dispositions reduced third-quarter 2026 revenues by $80 million; the properties included Washington Marriott at Metro Center, St. Regis Houston, Four Seasons Resort Orlando at Walt Disney World Resort, Four Seasons Resort and Residences Jackson Hole, and Sheraton Parsippany Hotel. source
• In the third quarter of 2026, Host’s comparable hotel RevPAR increased 8.8%, driven by higher room rates and occupancy, very strong transient demand, World Cup demand, increased business transient demand and group bookings, despite an active hurricane season in Hawaii. source
• Host’s comparable hotel rooms revenue increased $67 million, or 8.8%, in the third quarter and $166 million, or 6.7%, year-to-date in 2026, reflecting average room rate increases of 5.7% and 5.0%, respectively, and improved occupancy. source
• Host’s comparable hotel Total RevPAR increased 7.3% in the third quarter of 2026, reflecting increased rooms revenue and food and beverage spend. source
• Year-to-date in 2026, Host’s comparable hotel RevPAR and Total RevPAR increased 6.6% and 5.8%, respectively. source
• Host’s comparable hotel food and beverage revenue increased $21 million, or 6.2%, in the third quarter and $69 million, or 5.5%, year-to-date in 2026, driven by banquet and audiovisual revenue growth from higher group room-night volume and strong group contribution. source
• For Q3 2026, transient revenue increased 11.5%, driven by a 6.4% rate increase and occupancy improvements from stronger business travel and special-event demand. source

Impact estimates