Host Hotels & Resorts(HST)

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Host Hotels & Resorts(HST) - 2025 Q1 - Quarterly Report
2025-05-02 15:47
o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number: 001-14625 (Host Hotels & Resorts, Inc.) 0-25087 (Host Hotels & Resorts, L.P.) ____________________________________________________________________________________________________________________________________________________________________________________________ HOST HOTELS & RESORTS, INC. HOST HOTELS & RESORTS, L.P. (Exact name of registrant as specified in its charter) __________________ ...
Host Hotels & Resorts Provides Updated First Quarter 2025 Investor Presentation
GlobeNewswire News Room· 2025-05-01 20:30
BETHESDA, Md., May 01, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an updated investor presentation for first quarter 2025 results. The investor presentation can be found on the Investor Relations section on the Company’s website at https://www.hosthotels.com/#key-investors-materials. ABOUT HOST HOTELS & RESORTS Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real es ...
Host Hotels Q1 FFO & Revenues Top Estimates, Hotel RevPAR Rises
ZACKS· 2025-05-01 18:55
Core Viewpoint - Host Hotels & Resorts, Inc. (HST) reported strong first-quarter results, with adjusted funds from operations (AFFO) per share of 64 cents, exceeding expectations and reflecting a year-over-year increase of 4.9% [1][2] Financial Performance - Total revenues for Host Hotels reached $1.59 billion, surpassing the Zacks Consensus Estimate of $1.54 billion, and showing an 8.4% increase year-over-year [2] - Comparable hotel RevPAR was $240.18, up 7% from the previous year, primarily due to increased room rates [3] - Comparable hotel EBITDA was $504 million, reflecting a 5.9% increase from the prior year, driven by improved rates [3] Operational Metrics - The average room rate increased to $345.86 from $327.11 year-over-year [3] - Comparable average occupancy percentage rose to 69.4%, an increase of 80 basis points from the prior year [4] - Transient and group room nights declined by 0.8% and 0.6%, respectively, while contract business increased by 11.4% [4] Balance Sheet and Liquidity - As of March 31, 2025, Host Hotels had cash and cash equivalents of $428 million, down from $554 million at the end of 2024 [5] - Total liquidity stood at $2.2 billion, including $264 million in FF&E escrow reserves and $1.5 billion available under the credit facility [5] Share Repurchase and Capital Expenditure - In the first quarter, the company repurchased 6.3 million shares at an average price of $15.79, totaling $100 million, with approximately $585 million remaining under the repurchase program [6] - Capital expenditures totaled $146 million, with allocations for return on investment projects, renewal and replacement expenditures, and property damage reconstruction [7] 2025 Outlook - Host Hotels revised its full-year AFFO per share guidance to a range of $1.88-$1.97, higher than the previous guidance and the Zacks Consensus Estimate of $1.84 [8] - Expected comparable hotel RevPAR is projected between $221-$225 million, with adjusted EBITDAre estimated between $1.61 billion and $1.68 billion [8] - Total capital expenditure for 2025 is anticipated to be in the range of $580-$670 million [9]
Host Hotels & Resorts(HST) - 2025 Q1 - Earnings Call Transcript
2025-05-01 15:00
Host Hotels & Resorts (HST) Q1 2025 Earnings Call May 01, 2025 11:00 AM ET Speaker0 Good morning, and welcome to the Host Hotels and Resorts First Quarter twenty twenty five Earnings Conference Call. Today's call is being recorded. At this time, I would like to turn the call over to Jamie Marcus, Senior Vice President of Investor Relations. Please go ahead. Thank you, and good morning, everyone. Speaker1 Before we begin, please note that many of the comments made today are considered to be forward looking s ...
Host Hotels (HST) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-30 23:35
Host Hotels (HST) reported $1.59 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 8.4%. EPS of $0.64 for the same period compares to $0.38 a year ago.The reported revenue represents a surprise of +3.00% over the Zacks Consensus Estimate of $1.55 billion. With the consensus EPS estimate being $0.56, the EPS surprise was +14.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Host Hotels (HST) Q1 FFO and Revenues Surpass Estimates
ZACKS· 2025-04-30 22:45
Host Hotels (HST) came out with quarterly funds from operations (FFO) of $0.64 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to FFO of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 14.29%. A quarter ago, it was expected that this lodging real estate investment trust would post FFO of $0.40 per share when it actually produced FFO of $0.44, delivering a surprise of 10%.Over the last four qu ...
Host Hotels & Resorts(HST) - 2025 Q1 - Quarterly Results
2025-04-30 20:37
Exhibit 99.2 Supplemental Financial Information MARCH 31, 2025 FOUR SEASONS RESORT AND RESIDENCES JACKSON H TABLE OF CONTENTS | 3 | OVERVIEW | | | --- | --- | --- | | | About Host Hotels & Resorts | 4 | | | Analyst Coverage | 5 | | | Forward-Looking Statements | 6 | | | Non-GAAP Financial Measures | 6 | | 7 | PROPERTY LEVEL DATNAD CORPORATE MEASURES | | | | Comparable Hotel Results by Location | 8 | | | Historical Comparable Hotel Results | 12 | | | Comparable Hotel Results 2025 Forecast and Full Year 2024 ...
Host Hotels & Resorts, Inc. Reports Results for the First Quarter 2025
GlobeNewswire· 2025-04-30 20:30
Comparable Hotel RevPAR Growth of 7.0% and Comparable Hotel Total RevPAR Growth of 5.8%BETHESDA, Md., April 30, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for first quarter of 2025. OPERATING RESULTS(unaudited, in millions, except per share and hotel statistics) Quarter ended March 31, 2025 2024 Percent Change Revenues$1,594 $1,471<td style="max-width:1%; width:1%; min-wi ...
Is it Prudent to Retain Host Hotels Stock in Your Portfolio Now?
ZACKS· 2025-04-01 14:51
Host Hotels & Resorts Inc. (HST) is expected to witness a stable operating environment due to a continuous improvement in the group business, a gradual recovery in business transient and steady leisure demand. This is likely to support its revenue growth. Also, a strategic capital-recycling program and a healthy balance sheet augur well. However, macroeconomic uncertainty and high interest rates are its concerns. What's Supporting Host Hotels? Solid dividend payouts are the biggest attraction for REIT inves ...
Host Hotels & Resorts: Deeply Undervalued Despite Recession Risks
Seeking Alpha· 2025-03-21 14:56
Group 1 - The core idea revolves around the strategy of purchasing assets at a price lower than their intrinsic value, which is considered a reliable method for generating profit [1] - The article emphasizes that the movement of an asset's price towards its intrinsic value does not rely on luck or chance [1] Group 2 - The content is intended solely for informational purposes and does not serve as a solicitation for buying or selling securities [2] - It is advised that individuals conduct their own research or consult a financial advisor before making investment decisions [2]