Welcome to our dedicated page for Host Hotels news (Ticker: HST), a resource for investors and traders seeking the latest updates and insights on Host Hotels stock.
Host Hotels & Resorts, Inc. (NASDAQ: HST) is an S&P 500 lodging real estate investment trust that describes itself as the nation’s largest lodging REIT and one of the largest owners of luxury and upper-upscale hotels. This news page aggregates the company’s press releases and market updates, giving investors and observers a single place to follow its hotel portfolio performance, capital decisions and corporate developments.
Readers can find detailed announcements on quarterly and annual financial results, where Host Hotels & Resorts reports metrics such as comparable hotel RevPAR, Total RevPAR, comparable hotel EBITDA and funds from operations. Earnings releases often include commentary on portfolio performance, demand trends across transient, group and contract business, and updates to full-year guidance.
The company also issues news about dividends, including regular quarterly cash dividends and any special dividends declared by its board of directors. Capital markets activity is another recurring topic, with releases describing offerings of senior notes by Host Hotels & Resorts, L.P., the use of proceeds and the redemption of existing debt. Portfolio activity, such as the sale of specific hotel properties, transformational capital programs with major hotel brands and reinvestment plans, is covered in detail.
In addition, Host Hotels & Resorts publishes Corporate Responsibility Report updates that outline its environmental and social targets, sustainability projects, green financing, community investments and employee-focused initiatives. The company also uses news releases to address topics such as unsolicited mini-tender offers for its operating partnership units and to provide investor presentation updates. For anyone tracking HST, this page offers an organized view of the company’s official communications over time.
Host Hotels & Resorts, Inc. (NASDAQ: HST) announced a quarterly cash dividend of $0.12 per share and a special dividend of $0.20 per share, increasing total dividends for 2022 to $0.53 per share. The dividends are payable on January 17, 2023, to stockholders on record by December 30, 2022. As the largest lodging real estate investment trust in the U.S., Host Hotels owns 73 properties domestically and five internationally, totaling approximately 42,200 rooms.
Host Hotels & Resorts, Inc. (NASDAQ: HST) is set to announce its fourth quarter 2022 financial results on February 15, 2023, after market close. A conference call to discuss these results and the business outlook is scheduled for February 16, 2023, at 10:00 a.m. ET. The company operates 73 properties in the U.S. and five internationally, with a total of approximately 42,200 rooms. Host Hotels is a leading lodging real estate investment trust and part of the S&P 500 index.
Host Hotels & Resorts (HST) appointed Mari Sifo as Executive Vice President and Chief Human Resources Officer, effective November 28, 2022. She succeeds Joanne Hamilton, who retired after 12 years. Sifo brings over 20 years of experience in human resources and business leadership from companies like SWM International and Mondelez International. In her new role, she will oversee human resources strategies and serve on the Corporate Responsibility Executive Steering Committee. The company owns 73 properties in the U.S. and five internationally, totaling around 42,200 rooms.
Host Hotels & Resorts, Inc. (HST) has released an updated investor presentation for Q3 2022 results. As the largest lodging real estate investment trust in the U.S., the company owns 73 properties and approximately 42,200 rooms domestically, along with five international properties. Host Hotels is part of the S&P 500 and holds interests in several joint ventures. The presentation is accessible on the company's Investor Relations webpage for stakeholders seeking detailed insights into financial performance and strategic developments.
Host Hotels & Resorts (HST) reported strong Q3 2022 results, marked by a 40.9% revenue increase to $1.189 billion year-over-year. Key metrics include a 48.7% rise in hotel revenues and a net income of $116 million, compared to a loss last year. The company announced a $315 million acquisition of the Four Seasons Resort and Residences Jackson Hole, enhancing its luxury portfolio. Despite challenges from Hurricane Ian, which is estimated to impact revenues by $42 million, Host remains optimistic, projecting 2022 revenues of $4.855 to $4.903 billion.
Host Hotels & Resorts (NASDAQ: HST) has acquired the Four Seasons Resort and Residences Jackson Hole for approximately $315 million in cash. This luxury resort, located in a prime ski destination, is projected to significantly enhance Host's portfolio, expected to be among its top three assets. The acquisition reflects a 13.6x EBITDA multiple and a 6.6% cap rate based on 2022 estimates. The Resort boasts high performance metrics, including an anticipated RevPAR of $855 and EBITDA per key of $185,000. This strategic move capitalizes on strong year-round demand in a market with limited new supply.
Host Hotels & Resorts (NASDAQ: HST) appointed Diana M. Laing to its Board of Directors on October 11, 2022. Laing brings over 35 years of experience in corporate finance and real estate investment. She will also join the Audit Committee on November 7, 2022, increasing the board's independence to seven out of nine directors, with three women directors, surpassing 30 percent. Her previous roles include CFO positions at various real estate firms, enhancing the board’s financial acumen as the company seeks to drive profitability and enhance portfolio value.
Host Hotels & Resorts, Inc. (NASDAQ: HST) announced that MacKenzie Capital Management made an unsolicited mini-tender offer for up to 100,000 OP Units at $13.00 each, significantly below the market value. The company recommends OP Unit holders reject the offer, citing the closing stock price of $17.88 on September 13, 2022. Host Hotels emphasizes potential investor risks associated with mini-tender offers, urging holders to check current stock quotes and consult financial advisors before responding. The company owns 73 properties in the U.S. and five internationally, totaling approximately 42,300 rooms.
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.