Is It Wise to Retain Host Hotels (HST) Stock in Your Portfolio?

Host Hotels has a strong Sunbelt exposure and presence in the top 20 U.S. markets. Its properties are advantageously located in central business districts of major cities with close proximity to airports and resort/conference destinations, thus driving demand. In the second half of 2024, the company is expected to witness a stable operating environment due to the continuous improvement in the group business and a gradual recovery in business transient. We expect comparable revenue per available room (RevPAR ...