Host Hotels Q4 revenue beats estimates

Overview

• Lodging REIT's Q4 revenue beat analyst expectations, growing 12.3% yr/yr

• Company achieved full year comparable hotel Total RevPAR growth of 4.2%

• Company completed asset sales totaling $1.4 bln in 2025

Outlook

• Host Hotels & Resorts projects full-year 2026 RevPAR growth of 2.5% to 4.0%

• Company expects 2026 total revenues between $6.03 bln and $6.12 bln

• Host Hotels & Resorts anticipates 2026 net income of $836 mln to $891 mln

Result Drivers

• TRANSIENT DEMAND - Increased transient demand drove improvements in room revenues, food and beverage revenues, and ancillary spending in Q4 2025

• ASSET SALES - Company completed $1.4 bln in asset sales in 2025, contributing to financial results

• CAPITAL ALLOCATION - Reinvested $644 mln in capital expenditures and returned $859 mln to shareholders through dividends and share repurchases in 2025

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the specialized reits peer group is "buy"

• Wall Street's median 12-month price target for Host Hotels & Resorts Inc is $20.00, about 0% below its February 17 closing price of $20.01

• The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX6s6sQg

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