Host Hotels Q2 net income up 13% to $242M; cuts full-year guidance on Maui drag and leisure weakness

HOST HOTELS & RESORTS, INC.

2024-Q2 EPS reported $0.72 revenue$2,937,000,000

Q2 comparable hotel RevPAR flat at $224.29 (+0.1% YoY); Total RevPAR +0.5% to $368.25; net income $242M (+13.1%).
Acquired 1 Hotel Central Park for $265M; closing Ritz-Carlton O’ahu, Turtle Bay for $680M net.
Repaid $400M Series G notes; issued $600M Series K green bonds at 5.7%; Q2 dividend $0.20/share.
FY 2024 guidance reduced: RevPAR now -1% to +1% (prev +2% to +4%); net income $683-741M; Adj. EBITDAre $1,615-1,675M.
Maui wildfires impacted RevPAR by 250 bps in Q2; received $21M business interruption proceeds.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.