Host Hotels Stock Price, News & Analysis

Host Hotels & Resorts, Inc. (NASDAQ: HST) has released its 2022 Corporate Responsibility Report, detailing its sustainability efforts and ESG metrics. The report highlights significant strides in diversity and environmental initiatives, aiming for a net positive status by 2050. Key achievements include a third green bond issuance totaling $1.85 billion for sustainability projects, installation of 90+ EV chargers across properties, and support for over 166 charities. The report emphasizes Host's commitment to responsible investment and social responsibility.

Host Hotels & Resorts (NASDAQ: HST) will report its third quarter 2022 financial results on November 2, 2022, after market close. A conference call will follow on November 3, 2022, at 10:00 a.m. ET to discuss the results and future outlook. Investors can access the call via a toll-free number or listen to a webcast on the company's website. Host Hotels & Resorts is a leading real estate investment trust, owning 73 properties in the U.S. and five internationally, totaling about 42,300 rooms.

Host Hotels & Resorts, Inc. (HST), the largest lodging real estate investment trust in the U.S., has released an updated investor presentation for Q2 2022. The company owns 73 properties in the U.S. and five internationally, amassing around 42,300 rooms. Additionally, Host Hotels holds non-controlling interests in several joint ventures. Investors can access the presentation via the company's Investor Relations website for insights on financial performance and strategic initiatives.

Host Hotels & Resorts reported a substantial revenue increase in Q2 2022, reaching $1.38 billion, up 112.8% year-over-year. Net income soared to $260 million, a significant turnaround from a $61 million loss in Q2 2021. The company's All Owned Hotel RevPAR was $219.30, surpassing pre-pandemic levels for the first time, indicating recovery driven by leisure and business travel. A quarterly cash dividend of $0.12 per share was authorized, with a payout scheduled for October 17, 2022. The share repurchase program was increased to $1 billion, bolstering investor confidence.

Host Hotels & Resorts, Inc. (NASDAQ: HST) announced it will report its second quarter 2022 financial results on August 3, 2022, after market close. A conference call to discuss these results and future business outlook is scheduled for August 4, 2022, at 10:00 a.m. ET. Investors can access the call via a toll-free number or through the company’s website, with a replay available until September 3, 2022. Host Hotels is the largest lodging REIT, owning 73 properties in the U.S. and five internationally, totaling about 42,300 rooms.

Host Hotels & Resorts, Inc. (NASDAQ: HST) has updated its investor presentation for the first quarter of 2022. The company, recognized as the largest lodging real estate investment trust in the U.S., currently owns 73 properties nationwide and five internationally, totaling approximately 42,300 rooms. Additionally, it holds interests in eight joint ventures. For further details, the updated presentation is available on the company's investor relations webpage.

Host Hotels & Resorts (NASDAQ: HST) reported a strong first quarter for 2022 with revenues of $1.074 billion, up 169.2% from 2021. The company generated a GAAP net income of $118 million, compared to a loss of $153 million last year. RevPAR improved to $166.93, an 11% increase from the previous quarter. A quarterly cash dividend of $0.06 was announced, doubling the prior quarter's dividend. The company maintains a healthy balance sheet with $11.8 billion in assets and $1.9 billion in liquidity. Recent hotel sales totaled $1.4 billion since 2021, enhancing EBITDA growth.

Host Hotels & Resorts (HST) announced the sale of the Sheraton New York Times Square Hotel for approximately $373 million, reflecting a 28.0x EBITDA multiple based on 2019 figures. The deal includes a $250 million bridge loan to the purchaser. CEO James F. Risoleo highlighted the sale as part of the company's strategy to enhance its portfolio and increase EBITDA growth, noting $1.6 billion in acquisitions since 2021. This sale aligns with their ongoing efforts to optimize investments by disposing of eight hotels valued at $1.4 billion, achieving a blended EBITDA multiple of 17.7x.

Host Hotels & Resorts, Inc. (NASDAQ: HST) will report its first quarter 2022 financial results on May 4, 2022, after market close. The company will hold a conference call on May 5, 2022, at 11:00 a.m. ET to discuss these results along with its business outlook. Host Hotels currently owns 75 properties in the U.S. and five internationally, totaling about 44,400 rooms. The company is noted for its partnerships with leading hotel brands, including Marriott and Hilton.