Host Hotels & Resorts, Inc. earnings overview

HST FY2026 Q1 · Calendar Q2 2026

Host Hotels & Resorts, Inc.

Host Hotels & Resorts delivered a strong Q1 2026, with adjusted EBITDA of $543 million (up 5.6% year-over-year) and adjusted FFO per share of $0.67, beating consensus estimates by 87%. Revenue of $1.65 billion exceeded consensus by approximately 3%. RevPAR grew 4.6%, driven by rate growth and out-of-room spend at Florida, Phoenix, and San Francisco resorts. The company raised its 2026 comparable hotel RevPAR guidance to 3%-4.5% growth (from 2%-4% previously) and declared a $0.72 per share special dividend funded by proceeds from the sale of two Four Seasons properties. The transformational renovation program is more than 80% complete, delivering a 9-point RevPAR index gain on 21 stabilized assets, and is expected to generate approximately 60% of total hotel EBITDA in 2026. Capital is being returned through share repurchases and dividends while a $545-$655 million capex plan supports…