Host Hotels Earnings Reports

Host Hotels & Resorts reported a 3.3% increase in comparable hotel Total RevPAR and a 3.0% increase in comparable hotel RevPAR for Q4 2024. Net income decreased by 18.7% compared to Q4 2023, primarily due to a decrease in net gains on insurance settlements.

Host Hotels & Resorts, Inc. reported results for the third quarter of 2024, with a comparable hotel Total RevPAR growth of 3.1%. The company maintained its previous full-year comparable hotel guidance at the midpoint despite the impact of hurricanes in Florida. During the quarter, the company repurchased $57 million of common stock and completed the issuance of $700 million of Series L senior notes.

Host Hotels & Resorts, Inc. announced its second-quarter results for 2024, featuring a 0.5% increase in comparable hotel Total RevPAR and a 13.1% rise in net income compared to Q2 2023. The company completed acquisitions of 1 Hotel Central Park and anticipated closing on The Ritz-Carlton O’ahu, Turtle Bay, while also managing the ongoing impacts of the Maui wildfires.

Host Hotels & Resorts reported a mixed first quarter, with comparable hotel Total RevPAR growth of 0.5% driven by banquet revenues and improvements in group business. Net income declined by 6.5% to $272 million, while Adjusted EBITDAre improved by 8.8% to $483 million. The company also acquired the 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown.

Host Hotels & Resorts reported a slight increase in RevPAR and Total RevPAR for Q4 2023, driven by rate increases and occupancy improvements. The company's net income decreased due to declines in comparable hotel EBITDA and taxes. Host Hotels repurchased $31 million of common stock and increased the quarterly cash dividend by 11% to $0.20 per share. The company provided 2024 RevPAR guidance of 2.5% to 5.5% growth over 2023.

Host Hotels & Resorts, Inc. announced its Q3 2023 results, showcasing a comparable hotel RevPAR growth of 1.8%. The company maintained the midpoint of its full-year RevPAR growth guidance at 8% despite the impact of Maui wildfires. Strategic capital allocation continues with transformational reinvestment projects and share repurchases.

Host Hotels & Resorts reported comparable hotel RevPAR growth of 2.7% and comparable hotel Total RevPAR growth of 3.8% for the second quarter of 2023. Net income was $214 million. The company tightened its full year RevPAR growth guidance range to 7.0% to 9.0%.

Host Hotels & Resorts reported a strong first quarter of 2023, with comparable hotel RevPAR increasing by 31% over the first quarter of 2022, exceeding the high end of their guidance. The company raised its full-year RevPAR growth guidance to 7.5% to 10.5%.

Host Hotels & Resorts reported strong operating improvements in Q4 2022, driven by continued rate strength across its portfolio. RevPAR increased by 0.6% compared to Q4 2019, and the company successfully allocated capital through acquisitions, dispositions, and reinvestment in its portfolio.

Host Hotels & Resorts reported strong third quarter 2022 operating results, with RevPAR increasing 1.4% over the third quarter of 2019. The company also completed the acquisition of Four Seasons Resort and Residences Jackson Hole for $315 million.

Host Hotels & Resorts, Inc. reported strong second quarter 2022 operating results with RevPAR exceeding 2019 levels for the first time since the pandemic onset. The company saw significant improvements across markets and business mix, driven by an increase in business travel and improvement in group revenues.

Host Hotels & Resorts reported strong first-quarter 2022 operating results, with RevPAR at $167, representing an 11% increase over the prior quarter. The company sold two hotels, bringing total dispositions to $1.4 billion since the beginning of 2021.

Host Hotels & Resorts reported a strong finish to 2021, with RevPAR increasing by 13% over the prior quarter to $148.46. The company executed its capital allocation strategy by acquiring $1.6 billion in assets and disposing of $1 billion since the start of 2021. A quarterly dividend of $0.03 per share was reinstated, reflecting optimism about the future of travel.

Host Hotels & Resorts, Inc. reported strong positive operating trends and significant sequential improvements across its portfolio in Q3 2021. RevPAR was $129 for the quarter, representing a 26% increase over the prior quarter. The company acquired the Alila Ventana Big Sur in California and disposed of five hotels.

Host Hotels & Resorts, Inc. reported positive trends across the lodging industry and their portfolio, with RevPAR reaching nearly $100 for the quarter, outperforming consensus estimates. The company completed two additional opportunistic acquisitions - Baker’s Cay Resort in Key Largo and a luxury hotel in downtown Houston.

Host Hotels & Resorts, Inc. reported a GAAP net loss of $153 million for Q1 2021, but achieved positive Adjusted EBITDAre of $3 million. The company acquired the Hyatt Regency Austin and Four Seasons Resort Orlando, and saw RevPAR improve due to strong leisure demand.

Host Hotels & Resorts reported a net loss of $66 million for Q4 2020, an improvement from the $316 million loss in the previous quarter. The company saw a decrease in RevPAR and total revenue compared to the previous year, but also reduced hotel-level operating losses and maintained a strong liquidity position. They are optimistic for recovery in the second half of 2021.

Host Hotels & Resorts reported a significant decrease in revenues and a net loss for the second quarter of 2020 due to the impact of the COVID-19 pandemic. The company focused on reducing operating costs, preserving liquidity, and working with operators to improve cash flow and achieve breakeven EBITDA at its hotels.

Host Hotels & Resorts reported a decrease in revenues to $1.052 billion for Q1 2020, compared to $1.390 billion in Q1 2019. The company experienced a net loss of $3 million, a sharp contrast to the net income of $189 million in the same quarter last year, driven by the impact of the COVID-19 pandemic. To mitigate the impact, Host Hotels has suspended operations at 35 hotels, reduced portfolio-wide operating costs, and increased liquidity by accessing $1.5 billion under its credit facility.

Host Hotels & Resorts reported a decrease in net income for Q4 2019, but experienced an increase in comparable hotel Total RevPAR. The company executed strategic asset sales and repurchased shares, while also acquiring the 1 Hotel South Beach in Miami.