“Adjusted FFO per diluted share increased $0.03 to $0.67 for the first quarter, reflecting the improvement in Adjusted EBITDA re and the impact of share repurchases in 2025 and 2026, partially offset by an increase in interest expense and income taxes, which a…”10-Q · May 8, 2026 ↗
Host Hotels & Resorts, Inc.
HST
Market read
Host Hotels & Resorts, Inc.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Revenue increased 3.4% versus the comparable filing period.
- Monitor reported comparable hotels average room rate change and transient revenue growth (Q1 2026: avg rate +3.9%, transient rev +5.5%).
Invalidation: The isolated read changes if HST's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Revenue increased 3.4% versus the comparable filing period.
No thresholded adverse filing evidence is available yet.
- Monitor reported comparable hotels average room rate change and transient revenue growth (Q1 2026: avg rate +3.9%, transient rev +5.5%).
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +7.6% year over year.
- Credit and interest rates has repeated favorable evidence across 5 filings.
- Demand and volume has repeated favorable evidence across 5 filings.
- Operating margin changed -1.4 percentage points in the latest annual period.
- P/E is 26% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
22.24Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“In addition, group revenue 35 increased by 7.4% and 4.8% for the second quarter and year-to-date, respectively, due to a combination of rate growth and an increase in room nights, driven by strong event-related demand and recently completed renovations.”10-Q · Aug 7, 2026 ↗
“Because of the elimination of corporate-level costs and expenses, gains or losses on disposition, certain severance expenses and depreciation and amortization expense, the comparable hotel operating results we present do not represent our total revenues, expe…”10-Q · Aug 7, 2026 ↗
“Corporate and other expenses increased for the year ended December 31, 2025, due primarily to an increase in compensation expense, partially offset by a decrease in litigation accruals.”10-K · Feb 25, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.5× · EV/sales 2.6×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for HST. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
The latest filing has limited comparable evidence
10-Q filed 2026-08-07 against the comparable filing from 2025-08-01.
Capital and cash conversion
Reported investment and cash context
- Stock compensation / revenue
- +0.7%
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 3.4% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Other property-level expenses decreased $13 million, or 12.1%, and $21 million, or 9.6%, for the quarter and year-to-date, respectively, primarily due to a reduction in expenses resulting from our 2025 and 2026 dispositions and a $5 million, or 4.8%, and $7 million, or 3.6%, decrease at our comparable hotels for the quarter and year-to-date, respectively, driven by decreases in property insurance premiums.”
“1%, and $21 million, or 9.6%, for the quarter and year-to-date, respectively, primarily due to a reduction in expenses resulting from our 2025 and 2026 dispositions and a $5 million, or 4.8%, and $7 million, or 3.6%, decrease at our comparable hotels for the quarter and year-to-date, respectively, driven by decreases in property insurance premiums.”
“In the quarter, growth in revenues reflects a comparable hotel RevPAR increase of 7.0%, primarily due to an increase in room rates and a slight increase in occupancy, reflecting strong transient leisure business, particularly at resorts and in connection with the FIFA World Cup matches, and robust group business.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind HST
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
HHyatt Hotels CorporationpartnerMay 8, 2026 ▾
“In collaboration with Hyatt, we initiated a transformational capital program in 2023 on six properties in our portfolio.”
TFCTruist Financial CorporationlenderNov 7, 2025 ▾
“LLC, Scotia Capital (USA) Inc., Truist Securities, Inc.”
JPMJPMorgan Chase & Co.lenderFeb 25, 2026 ▾
“On January 4, 2023, we entered into the sixth amended and restated senior revolving credit and term loan facility, with Bank of America, N.A., as administrative agent, Wells Fargo Bank, N.A.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
HST is currently a Participant in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for HST; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.