Host Hotels & Resorts raised its full-year 2026 RevPAR growth guidance by 125 basis points at the midpoint to a range of 4.75% to 5.25% after second-quarter comparable hotel RevPAR climbed 7% to $251.53. CEO James Risoleo attributed the strength to luxury resort demand and high-profile events, with transient revenue up 6.9% to $559 million and group room revenue up 7.4% to $332 million on 1.1 million room nights sold. The World Cup added roughly 160 basis points to quarterly RevPAR growth, and Maui RevPAR rose 14% as occupancy gained more than 8 percentage points. CFO Sourav Ghosh cautioned that margin comparisons will moderate in the second half as rate growth slows and tailwinds fade, while a Kona low rainstorm is expected to cause $27 million to $32 million in property damage and the Four Seasons condo development at Walt Disney World saw its 2026 EBITDA guidance trimmed to $16 million to $20 million from $20 million to $25 million. The company also paid a $0.72 per share special dividend in July on top of its regular $0.20 payout, funded in part by a $500 million gain from selling its Four Seasons resorts, with leverage at 2.2 times.
Host Hotels & Resorts IncRaises 2026 RevPAR guidance after strong Q2 demand from luxury resorts and events.
