Host Hotels & Resorts, Inc.

Company facts

Industry

Real Estate Investment Trusts

Headquarters

Bethesda, Maryland

Most recent report

10-Q, filed Aug 7, 2026

Incorporated

Maryland

Filings on record

1,000+ filings

On EDGAR

CIK 1070750

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 9 of 30 sections worth reading, with 2 positive, 14 notable, and 2 negative flags.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Orlando revenue dropped 42% YoY, a material concern in flat results.
  Negative

  • Orlando revenue dropped 42% YoY to $77M in Q2 2026, from $132M.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Financial statement details with unusual dividend payout and condo revenue.
  Notable

  • Condominium revenue was $53 million in Q2 and $79 million YTD 2026, up from $26 million in Q1.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Equity and capital tables show material net income, distributions, and unit repurchases.
  Notable

  • Host Inc. owns 99% of Host L.P.'s common OP units as of June 30, 2026, concentrated control.
  • Conversion ratio of 1.021494 shares per OP unit, used for redemptions or stock issuances.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Routine disclosures with specific numbers on repurchases, dividends, and a disposition.
  Notable

  • No share repurchases in Q2 2026 after $75M in Q1, leaving $405M authorization.
  • Q2 2026 dividend includes $0.72 special dividend on top of $0.20 regular, paid July 15.
  • Sold Sheraton Parsippany Hotel for $12 million in Q2 2026, retaining ~$3.5 million of FF&E funds.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Geographic revenue and PP&E table has real numbers; standard disclosure otherwise.
  Notable

  • Q2 2026 total revenue $1,640M, up 3.4% from $1,586M in Q2 2025; YTD up 3.3%.
  • PP&E net fell $997M (9.4%) from Dec 2025 to June 2026, possibly from depreciation or asset sales.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Financial results with numbers: revenue, net income, segment EBITDA, and new condo sales.
  Notable

  • Prior year had $9M gain from business interruption; no gain in Q2 2026.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Contains H1 2026 financial results and a specific note on non-controlling interests.
  Notable

  • Non-controlling interests classified in mezzanine; each OP unit converts at 1.021494 shares.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Contains specific hurricane contingency ($65M) and non-controlling interests detail.
  Notable

  • Hurricane damage at The Don CeSar: $65M book value write-off with $65M insurance receivable; $82M proceeds received, $31M gain.

• Item 2

  Rich financial and operational data, RevPAR growth, special dividend, dispositions, capital plans, liquidity.
  Positive

  • Cash and equivalents $1,953M at June 30, plus $1.5B revolver availability, strong liquidity.
  • Leverage ratio was 1.9x at June 30, 2026, well below the 7.25x covenant maximum.
  Notable

  • FY2026 comparable hotel RevPAR guidance raised to 4.75%-5.25% from prior 3.0%-4.5%.
  • Next debt maturity is $500M term loan in January 2027, with one-year extension option.
  • $600M ATM program amended and extended in May 2026; no shares issued in Q2.
  Negative

  • New Orleans comparable hotel Total RevPAR fell 5.6% in Q2 and 14.3% YTD actual basis.

What changed: Jun 2026 vs. Mar 2026

About 7% of HST's Jun 2026 10-Q is new information. 24 paragraphs were added, 121 changed, and 43 removed. Below are the most important lines SECSift identified.

• Item 2 73
• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 15
• Item 6 4
• CONDENSED CONSOLIDATED BALANCE SHEETS 2
• Item 3 2
• Item 4 1