| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 1.3K | 16.1% | 0.9% |
| Total Income | 1.3K | 16.1% | 0.9% |
| Expenditure | 1.2K | 6.0% | 3.9% |
| PBT | 172.00 | 31.8% | 91.1% |
| Net Profit | 161.00 | 27.1% | 96.3% |
| OPM | 7.59% | 9.88pp | 2.65pp |
| NPM | 12.10% | 1.84pp | 5.88pp |
| EPS | 0.23 | 28.1% | 91.7% |
Host Hotels & Resorts Reports Q3 2025 Results: RevPAR Growth of 0.2%
04 May 2026 · 4 May, 7:55 am
Summary
Host Hotels & Resorts, Inc. announced results for the third quarter of 2025, with comparable hotel Total RevPAR increasing by 0.8% and comparable hotel RevPAR increasing by 0.2%. GAAP net income for the quarter was $163 million, a 94.0% increase compared to the prior year, benefitting from a gain on sale. The company sold the Washington Marriott at Metro Center for $177 million. Full year comparable hotel RevPAR growth guidance was raised to approximately 3.0% over 2024. The company also reached an agreement with Marriott International for a second transformational capital program.
Key Highlights
- 1
Comparable hotel Total RevPAR increased by 0.8% to $335.42 for the third quarter of 2025 compared to the same period in 2024, driven by improvements in room revenues and ancillary spend.
- 2
Comparable hotel RevPAR rose by 0.2% to $208.07 for the third quarter of 2025, compared to the same period in 2024, primarily due to increases in room rates and strong transient leisure demand.
- 3
GAAP net income was $163 million for the third quarter of 2025, a 94.0% increase compared to the third quarter of 2024, benefitting from the gain on sale in the quarter.
- 4
Adjusted EBITDAre was $319 million for the third quarter of 2025, a decrease of 3.3% compared to the third quarter of 2024.
- 5
The company sold Washington Marriott at Metro Center for $177 million, recording a gain on sale of approximately $122 million in the third quarter.
- 6
Full year comparable hotel RevPAR growth guidance was raised to approximately 3.0% over 2024.
- 7
The company reached an agreement with Marriott International to complete a second transformational capital program at four properties, expecting to spend between $300 million and $350 million through 2029.
Management Comments
James F. Risoleo
Our strong third quarter results reflect our company's continued positive momentum and industry leadership. We delivered better than expected comparable hotel Total RevPAR growth of 0.8% over the third quarter of 2024, driven by strong transient demand leading to improvements in room revenues and ancillary spend. Comparable hotel RevPAR also outperformed our expectations, increasing 0.2% over the third quarter of last year, driven by higher rates across the portfolio and improving leisure transient trends in Maui. As a result of our outperformance, we now expect comparable hotel RevPAR growth of approximately 3.0% and comparable hotel Total RevPAR growth of approximately 3.4% over 2024, exceeding the high end of our previously announced guidance ranges. We continued to actively manage our portfolio with the sale of the Washington Marriott at Metro Center in the third quarter and made additional progress on our portfolio reinvestments. We are very pleased to have entered into a new agreement with Marriott to complete transformational renovations at four properties in our portfolio. We believe Host is well positioned to benefit from favorable demand trends as a result of our investment-grade balance sheet, our size and scale, our diversified business and geographic mix, and our continued reinvestment in our portfolio.”
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