Company Overview: Host Hotels & Resorts, Inc. (NASDAQ: HST) operates as a self-managed and self-administered real estate investment trust (REIT), with its operations conducted through Host Hotels & Resorts, L.P. The Company is an owner of luxury and upper upscale hotels.

As per our previous US Earning Hunter Report published on ‘HST’ on 09^th August 2024, Kalkine provided an ‘Attractive’ stance on the stock at USD 16.12, based on “Earning Hunter score and other mentioned fundamentals”.

Current Macro and company specific rationales:

• Impact of U.S. and China Tariffs on Global Trade: S. tariffs, mirrored by China’s 34% tariff on all imports from the United States as announced by the official Xinhua News Agency, have escalated trade tensions, disrupted global supply chains and increasing operational costs for Host Hotels & Resorts (HST), a real estate investment trust reliant on international tourism and business travel. This tariff war reduces travel demand and occupancy rates at HST’s hotel properties, contributing to potential declines in profitability.
• Fears of a U.S. Recession: Concerns over a potential U.S. recession have lowered expectations for consumer spending and business travel, which directly impacts demand for hotel services provided by HST. A slowing U.S. economy reduces room bookings and revenue per available room (RevPAR), posing risks to financial stability.
• Declining Travel and Tourism Demand: Slowing growth in the travel and tourism sector, driven by economic uncertainty and reduced discretionary spending, is affecting HST’s hotel occupancy and revenue, as leisure and corporate travelers cut back. This trend challenges HST’s ability to maintain its income streams, creating financial pressures.
• Rising Operational Costs and Margin Compression: HST faces increasing costs for labor, maintenance, and utilities, exacerbated by inflationary pressures and economic volatility, which squeezes its profit margins. With limited ability to fully pass these costs onto guests through higher rates in a competitive hospitality market, the company encounters heightened financial strain.

Noted below are the details of support and resistance levels provided in our previous report:

HST’s Daily Chart

Considering the current trading levels, volatile macro environment, tariffs increased both by US and China, breaking of key important support of USD 13.50- USD 14.00, and risks associated, an ‘unattractive’ rating is assigned to the “HST” at the closing market price of USD 13.14, as of April 04, 2025. 

Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is April 04, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level that the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’