Key Highlights

  • Host Hotels' $0.20 quarterly Dividend trades ex-date September 30, 2026, payable October 15, unchanged from recent quarters.
  • Second-quarter comparable hotel RevPAR grew 7.0% and comparable hotel Total RevPAR grew 5.9%, with GAAP Net Income of $241 million, up 7.1% year over year.
  • NAREIT FFO per diluted share was $0.62, up 8.8%, aided by rate growth, the FIFA World Cup and broad-based strength in leisure and group demand.
  • Host raised full-year 2026 comparable hotel Total RevPAR and RevPAR growth guidance to a range of 4.75% to 5.25%.

Overview

Host Hotels & Resorts, Inc.'s (Nasdaq:HST) $0.20 quarterly dividend yields approximately 3.57% and was declared alongside second-quarter comparable hotel RevPAR growth of 7.0%, driven by solid rate growth, World Cup-related Demand and broad-based strength across leisure and group business. GAAP net income of $241 million rose 7.1% year over year, and the company raised its full-year RevPAR growth guidance in response.

Dividend Program and Shareholder Returns

Host's board authorized a regular quarterly Cash Dividend of $0.20 per share on September 15, 2026, payable October 15 to stockholders of record September 30. The rate has remained $0.20 per share in recent quarterly declarations.

About the Company

Host Hotels & Resorts is an S&P 500 company and the largest lodging REIT, and one of the largest owners of luxury and upper-upscale hotels, currently owning 70 properties in the United States and five internationally, totaling approximately 41,300 rooms, with non-controlling interests in seven domestic joint ventures.

Financial Performance Behind the Payout

Host reported second-quarter total revenues of $1.640 billion, up 3.4% from $1.586 billion a year earlier. GAAP net income was $241 million, up 7.1%, reflecting a GAAP operating profit Margin of 17.9%, an improvement of 40 basis points, as higher room rates offset Wage Expense increases and a $9 million decrease in net gains on insurance settlements. NAREIT FFO per diluted share was $0.62, up 8.8% from $0.57. Comparable hotel RevPAR was $251.53, up 7.0%, and comparable hotel Total RevPAR was $417.58, up 5.9%. Comparable hotel RevPAR year-to-date was $247.84, up 5.7%.

World Cup Demand and Broad-Based Strength Drive a Raised Outlook

Management attributed the quarter's RevPAR growth to solid rate growth across the portfolio, bolstered by the FIFA World Cup and broad-based strength in leisure transient demand and group business, a combination distinct from a single-market or single-event effect. As a result of the quarter's performance, Host raised its full-year 2026 comparable hotel Total RevPAR and RevPAR growth guidance ranges to 4.75% to 5.25% over 2025, up from the prior guidance range. Condominium sales tied to development adjacent to the Four Seasons Orlando contributed $53 million to the quarter's results, a Revenue source distinct from the company's core hotel operations.

Outlook

Host raised full-year 2026 comparable hotel RevPAR and Total RevPAR growth guidance to 4.75%-5.25%. Continued RevPAR momentum relative to the raised guidance range, group and leisure demand trends following the World Cup tailwind, and Adjusted FFO per diluted share relative to the $2.15-$2.18 full-year guidance range are the relevant considerations.