HST · 10-Q · 2026Q3 · Full report

Macroeconomic Factors Impact

HOST HOTELS & RESORTS, INC. · 2026-11-06 · Importance 10 · Surprise 6

The October 2026 Blue Chip Economic Indicators survey projected 2026 real GDP growth of approximately 2.3%, supported by business investment and consumer spending. Management said persistent inflation, higher long-term interest rates, trade policy developments and geopolitical uncertainty remain downside risks to economic growth and travel demand. Management also noted that lodging supply growth is expected to remain below historical averages overall, but above average in certain markets, with the pipeline constrained until financing and construction costs ease.

Key facts

• Host disclosed downside risks to economic growth and travel demand from persistent inflation, higher long-term interest rates, trade policy developments and geopolitical uncertainty. source
• Host reported that the October 2026 Blue Chip Economic Indicators survey projected 2026 U.S. real GDP growth of approximately 2.3%, supported by business investment and consumer spending. source