Host Hotels & Resorts, Inc. (HST) Earnings Call Transcripts
Host Hotels & Resorts, Inc.'s Latest Earnings Call - Q2 FY2026
Host Hotels & Resorts, Inc. reported a strong second quarter for 2026, with adjusted EBITDAre of $525 million, up 5.8% year-over-year, and adjusted FFO per share of $0.63, an increase of 8.6% over the previous year. The company raised its full-year guidance for comparable hotel total RevPAR and RevPAR growth to a range of 4.75% to 5.25% over 2025, reflecting better-than-expected performance driven by strong leisure demand and the World Cup. The results and guidance changes are likely to positively influence stock performance in the near term.
Reported metrics
| Metric | Value |
|---|---|
| Adjusted EBITDAre | $525 million |
| Comparable hotel RevPAR growth | 7% (null) |
| Comparable hotel EBITDA margin | 31.9% (null) |
| Capital expenditure guidance | $550 million to $630 million (null) |
Guidance from management
Management raised their 2026 comparable hotel total RevPAR and RevPAR growth guidance ranges to 4.75% to 5.25% over 2025, reflecting a more optimistic outlook for the second half of the year.
What management said
Chris, we're happy with how group is performing this year. Sourav and I both mentioned that our total group revenue pace is up 5% for the year. And -- while it's too early to give color on how group is going to perform in 2027, what I can tell you is that our total group revenue pace is positive. So we like the way we're set up for the year. And I think group is starting to normalize in terms of lead times and bookin...
It's a little difficult to give you a precise number just because obviously, you have expense growth as well every single year, but we feel that we should be able to get another $20 million to $25 million additional as to what point it will be, will remain to be seen. Once we have budgets for next year, we'll provide a little bit more clarity in terms of what 2027 looks like.
What analysts pressed on
Analysts expressed concerns regarding the flow-through to EBITDA from RevPAR growth, noting that it was less than expected due to higher incentive management fees and travel agent commissions. Additionally, there were inquiries about the impact of Marriott's cost-saving measures on Host's portfolio.
Main topics on the call
- Revenue Growth Acceleration — Comparable hotel RevPAR improved by 7% compared to Q2 2025, driven by sustained luxury resort demand and elevated rates associated with the World Cup. Management noted, "RevPAR growth in the second quarter came in signif...
- World Cup Impact — The World Cup contributed approximately 160 basis points to RevPAR growth in the second quarter, with management stating, "For June alone, RevPAR in our World Cup markets grew 15% compared to 12% in non-World Cup markets...
- Guidance Update — Management raised their 2026 comparable hotel total RevPAR and RevPAR growth guidance ranges to 4.75% to 5.25% over 2025, indicating improved expectations for the second half of the year. They noted, "As a result of our ...
- Capital Allocation Strategy — The company emphasized its disciplined capital allocation strategy, focusing on maximizing long-term shareholder returns. Management stated, "We're seeing more activity today... there have been a lot of deals in the mark...
Read the full Host Hotels & Resorts, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Host Hotels & Resorts, Inc.
Host Hotels & Resorts, Inc. (HST) is a publicly listed company in the Hotel and Resort REITs industry, within the Real Estate sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 35 calls on record spanning February 20, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 35 Host Hotels & Resorts, Inc. earnings call transcripts on record, spanning February 20, 2020 to August 6, 2026. Based on this history, Host Hotels & Resorts, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- HST
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Real Estate
- Industry
- Hotel and Resort REITs
- Calls on record
- 35
- First call
- February 20, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly