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Sentiment · FY2026 Q2
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $1.43B | +7.9% | $0.15 | -21.1% | 11.0% | 7.6% | $158M |
| FY2025 Q1 | $1.59B | +8.4% | $0.35 | -7.9% | 17.9% | 15.6% | $159M |
| FY2025 Q2 | $1.59B | +8.2% | $0.32 | -5.9% | 17.5% | 13.9% | $292M |
| FY2025 Q3 | $1.33B | +0.9% | $0.23 | +91.7% | 7.6% | 12.1% | $62M |
| FY2025 Q4 | $1.60B | +12.3% | $0.19 | +26.7% | 12.0% | 8.4% | $349M |
| FY2026 Q1 | $1.65B | +3.2% | $0.72 | +105.7% | 19.0% | 30.0% | $220M |
| FY2026 Q2 | $1.64B | +3.4% | $0.35 | +9.4% | 15.8% | 14.5% | — |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Smedes Rose | Citigroup | 8 (13%) |
| Robin Farley | UBS | 8 (0%) |
| Chris Darling | Green Street | 7 (14%) |
| Duane Pfennigwerth | Evercore ISI | 7 (14%) |
| Aryeh Klein | BMO Capital Markets | 6 (0%) |
| Dave Katz | Jefferies | 6 (0%) |
| Michael Bellisario | Robert W. Baird | 6 (0%) |
| Chris Woronka | Deutsche Bank | 6 (0%) |
| Jack Armstrong | Wells Fargo | 4 (25%) |
| Dan Politzer | JPMorgan | 4 (25%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Citigroup | 1 | 8 (13%) |
| UBS | 1 | 8 (0%) |
| Evercore ISI | 1 | 7 (14%) |
| Green Street | 1 |
| 7 (14%) |
| Robert W. Baird | 2 | 7 (0%) |
| Wells Fargo | 2 | 6 (17%) |
| BMO Capital Markets | 1 | 6 (0%) |
| Deutsche Bank | 1 | 6 (0%) |
Host Hotels & Resorts opened 2026 ahead of expectations, with adjusted FFO per share of $0.67 (up 4.7%) and adjusted EBITDAre of $543 million (up 5.6%). Comparable hotel RevPAR rose 4.4% and total RevPAR 4.6%, driven by rate growth, resilient high-end leisure demand, and out-of-room spending, while comparable hotel EBITDA margin expanded 70 basis points to 32.7% on productivity gains. Standout results came from San Francisco, which posted 26% RevPAR growth and over 70% EBITDA growth on the Super Bowl and an AI-led office recovery, partially offset by roughly 120 basis points of weather drag across the portfolio. Management raised full-year guidance, lifting the 2026 adjusted EBITDAre midpoint to $1,810 million and comparable hotel RevPAR growth to a 3%-4.5% range, and returned capital through a $75 million buyback plus a $0.20 regular and $0.72 special dividend funded by the Four Seasons sale gain.
Demand | Capital Allocation | Revenue Growth | M&A | Guidance Reliability | Capex Investment | Cost Pressure | Macroeconomic | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 5 | 3 | 2 | 1 | 4 | 1 | 1 | 1 |
| 2025Q1 | 4 | 1 | 1 | 3 | 2 | 1 | 1 | 3 |
| 2025Q2 | 8 | 2 | 3 | 2 | 2 | 1 | 1 | 1 |
| 2025Q3 | 6 | 3 | 5 | 2 | 2 | 1 | 1 | |
| 2025Q4 | 2 | 6 | 2 | 3 | 2 | 1 | ||
| 2026Q1 | 5 | 3 | 2 | 2 | 1 | 1 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 5 | 4 | 8 | 6 | 2 | 5 |
| Capital Allocation | 3 | 1 | 2 | 3 | 6 | 3 |
| Revenue Growth | 2 | 1 | 3 | 5 | 2 | 2 |
| M&A | 1 | 3 | 2 | 2 | 3 | 2 |
| Guidance Reliability | 4 | 2 | 2 | 2 | 1 | |
| Capex Investment | 1 | 1 | 1 | 1 | 2 | 1 |
| Cost Pressure | 1 | 1 | 1 | 1 | 1 | 1 |
| Macroeconomic | 1 | 3 | 1 | 1 |
What HST and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“we have the six properties from the Hyatt Transformational Capital Program coming back online and we complete the work at the four Marriott properties.”
Host is bringing six Hyatt-operated properties back online after transformational renovations, driving expected RevPAR index gains.
“I think you're still the largest hotel owner for Marriott. I wonder if you could quantify if their recent change in the split of economics with the Bonvoy program, did that help or hurt you for Q1 or for the full year, you know, in either direction?”
As Marriott's largest hotel owner, Host said Marriott's recent change to Bonvoy loyalty-program economics has been a net benefit, a read-through on how the program change affects large owners.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
HST Host Hotels & Resorts | 7 | +3.2% | |
| AMT American Tower | 6 | +6.8% | |
| ARE Alexandria Real Estate Equities | 2 | -9.7% | |
| AVB AvalonBay Communities | 6 | +3.3% | |
| BXP BXP, Inc. | 6 | +0.8% | |
| CBRE CBRE Group | 10 | +18.1% | |
| CCI Crown Castle | 3 | -4.8% | |
| CPT Camden Property Trust | 5 | +0.1% | |
| CSGP CoStar Group | 10 | +22.5% | |
| DLR Digital Realty | 8 | +12.0% | |
| DOC Healthpeak Properties | 6 | +7.1% | |
| EQIX Equinix | 8 | +9.8% | |
| ESS Essex Property Trust | 5 | +1.5% | |
| EXR Extra Space Storage | 5 | +1.9% | |
| FRT Federal Realty Investment Trust | 8 | +10.3% | |
| INVH Invitation Homes | 6 | +8.8% | |
| IRM Iron Mountain | 9 | +21.6% | |
| KIM Kimco Realty | 7 | +4.0% | |
| MAA Mid-America Apartment Communities | 5 | +0.8% | |
| O Realty Income | 7 | +12.2% | |
| PLD Prologis | 7 | +7.4% | |
| PSA Public Storage | 5 | +2.9% | |
| REG Regency Centers | 6 | +4.5% | |
| SBAC SBA Communications | 7 | +5.9% | |
| SPG Simon Property Group | 8 | +19.3% | |
| UDR UDR, Inc. | 5 | +0.9% | |
| VICI Vici Properties | 7 | +3.5% | |
| VMRK Vivmark Residential | 5 | +2.5% | |
| VTR Ventas | 8 | +22.0% | |
| WELL Welltower | 8 | +38.4% | |
| WY Weyerhaeuser | 5 | -2.0% |