Host Hotels & Resorts Inc

Latest Results (12.11.2025):

Host Hotels & Resorts Inc reported its financial results for the third quarter of 2025, demonstrating steady revenue growth alongside focused portfolio optimization. The company achieved modest improvements in comparable hotel revenue per available room (RevPAR) while reporting a significant increase in net income and maintaining a robust balance sheet. Additionally, key strategic moves, including property sales and transformational investment agreements, underpin its outlook for continued growth.

Revenue and RevPAR Growth

For Q3 2025, Host Hotels & Resorts Inc reported total revenues of $1,331 million, up 0.9% compared to Q3 2024, with comparable hotel Total RevPAR increasing 0.8% year-over-year to $335.42. The comparable hotel RevPAR, which focuses on room revenue performance, showed a 0.2% increase over the same period, while year-to-date RevPAR figures reflected stronger growth of 3.7% and 3.5% respectively.

Net Income and EBITDA Performance

The company’s GAAP net income surged to $163 million in the third quarter of 2025, marking a 94.0% increase from the previous year. Despite this robust income performance, EBITDA measures experienced modest declines for the quarter—comparable hotel EBITDA fell by 1.3% and Adjusted EBITDA by 3.3% compared to Q3 2024—though year-to-date figures registered slight improvements.

Strategic Sales and Portfolio Enhancements

In Q3 2025, Host Hotels & Resorts Inc completed the sale of the Washington Marriott at Metro Center for $177 million, realizing a gain on sale of approximately $122 million. The company also entered a new transformational capital program with Marriott to renovate four portfolio properties over the next four years, investing between $300 million and $350 million, which is expected to bolster long-term performance.

Balance Sheet Strength and Dividend Policy

The company maintained a solid balance sheet with total assets of $13.0 billion and a debt balance of $5.1 billion, supported by approximately $2.2 billion of available liquidity. In addition, Host Hotels & Resorts Inc distributed a common stock dividend of $0.20 per share in Q3 2025, reflecting its commitment to returning value to shareholders.

Additional Highlights and Market Outlook

Other notable developments include the receipt of insurance proceeds related to hurricane damage recovery and an upgrade of the company’s credit rating by Moody’s to Baa2 with a stable outlook. These factors, combined with the company’s active portfolio management and investment in renovations, position Host Hotels & Resorts Inc favorably for 2024 and beyond.