earnings
confidence high
sentiment neutral
materiality 0.55
Host Hotels Q4 net income falls 18.7% to $109M; full year RevPAR up 2.1%; 2025 guidance 1-3% growth
HOST HOTELS & RESORTS, INC.
2024-FY EPS reported
$0.99
revenue$5,684,000,000
- Q4 net income $109M vs $134M YoY (down 18.7%); diluted EPS $0.15 vs $0.19.
- Full year comparable hotel Total RevPAR $355.88, up 2.1%; RevPAR $216.06, up 0.9%.
- 2024 acquisitions total $1.5B across four properties including Ritz-Carlton O'ahu Turtle Bay, 1 Hotel Central Park.
- Hurricane damage at The Don CeSar estimated $100-110M; insurance expected to cover excess of $20M deductibles.
- 2025 guidance: Comparable hotel Total RevPAR growth 1-3%, net income $486-546M, Adjusted EBITDAre $1,590-1,650M.