Host Hotels & Resorts beats Q1 revenue estimates on strong leisure demand

Host Hotels & Resorts

06/05/2026 21:45

Overview

US lodging REIT's Q1 revenue rose 3.2%, beating analyst expectations

Adjusted EPS for Q1 was $0.72; net income nearly doubled on asset sales

Company declares $0.72 special dividend and $0.20 regular dividend for Q2

Outlook

Host Hotels raises 2026 comparable hotel RevPAR guidance to 3.0% to 4.5% growth

Company expects 2026 comparable hotel Total RevPAR growth of 3.5% to 5.0%

Host Hotels sees 2026 GAAP revenue between $6,097 mln and $6,184 mln

Result Drivers

LEISURE AND GROUP DEMAND - Co said strong leisure demand and steady group bookings drove higher room rates and RevPAR growth

OUT-OF-ROOM SPENDING - Increased out-of-room spending contributed to comparable hotel Total RevPAR growth

ASSET SALES - Net income nearly doubled, primarily due to the gain on sale of assets in Q1 2026

Company press release: ID:nGNX69HmKZ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.65 bln
$1.60 bln (14 Analysts)
Q1 EPS
$0.72
Q1 Net Income
$501 mln
Q1 Operating profit margin
19.40%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "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 and Resorts, Inc is $22.00, about 3.2% above its May 5 closing price of $21.31

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)