Host Hotels Q3 revenue beats expectations on transient demand

Host Hotels & Resorts

05/11/2025 21:39

Overview

Host Hotels Q3 revenue grows 0.9%, beating analyst expectations

Net income for Q3 rises 94%, benefitting from asset sale gains

Company completes sale of Washington Marriott at Metro Center

Outlook

Host Hotels raises full-year comparable hotel RevPAR growth guidance to ~3.0%

Company increases 2025 net income guidance to $780 mln

Host Hotels anticipates 2025 Adjusted EBITDAre of $1,730 mln

Result Drivers

TRANSIENT DEMAND - Strong transient demand drove improvements in room revenues and ancillary spend, contributing to RevPAR growth

ROOM RATE INCREASES - Higher room rates across the portfolio and improving leisure transient trends in Maui supported RevPAR growth

ASSET SALE - Sale of Washington Marriott at Metro Center contributed to a significant increase in net income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.33 bln
$1.31 bln (11 Analysts)
Q3 EPS
$0.23
Q3 Net Income
$163 mln
Q3 Operating profit margin
7.60%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 7 "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 $18.50, about 13.2% above its November 4 closing price of $16.05

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX9P4zsP

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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.)