Host Hotels Q2 revenue beats estimates on strength in leisure, group travel business

Host Hotels & Resorts

05/08/2026 21:45

Overview
U.S. lodging REIT's Q2 revenue grew 3.4% yr/yr, beating analyst expectations
Comparable hotel RevPAR rose 7.0%, driven by leisure and group demand, including FIFA World Cup
Company raised full-year 2026 guidance for comparable hotel RevPAR and Total RevPAR growth

Outlook
Company raises 2026 comparable hotel Total RevPAR and RevPAR growth guidance to 4.75%-5.25%
Host Hotels sees 2026 GAAP revenues of $6.124 bln to $6.153 bln
Company expects full-year operating profit and comparable hotel EBITDA margins to increase slightly vs 2025

Result Drivers
ROOM RATE INCREASES - Co said higher average room rates across portfolio drove comparable hotel RevPAR growth
LEISURE AND GROUP DEMAND - Co said broad-based strength in leisure transient and group business, including FIFA World Cup, supported revenue growth
FOOD AND BEVERAGE REVENUES - Co said increases in food and beverage revenues contributed to comparable hotel Total RevPAR growth

Company press release: ID:nGNX8M9KNH

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.64 bln
$1.61 bln (12 Analysts)
Q2 EPS
 
$0.35
 
Q2 Net Income
 
$241 mln
 
Q2 Adjusted FFO Per Share
 
$0.63
 
Q2 Comparable hotel Total RevPAR
 
$417.58
 
Q2 Operating profit margin
 
17.9%
 

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 & Resorts, Inc. is $24.00, about 3.9% below its August 4 closing price of $24.98
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 19 three months ago

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(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.)