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Host Hotels lifts 2026 RevPAR outlook on luxury and event demand
Second-quarter comparable hotel RevPAR rose 7% to $251.53, and the company expects $27 million to $32 million of Hawaii property damage from a Kona low rainstorm to factor into results.
Host Hotels & Resorts raised its full-year 2026 guidance after its second-quarter earnings call on August 6, citing strength in luxury resort demand and a run of high-profile events. Yahoo Finance reports that comparable hotel RevPAR increased 7% to $251.53, leading management to lift the company’s 2026 RevPAR growth range by 125 basis points at the midpoint to 4.75% to 5.25%.
The company said demand momentum strengthened across segments, 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 out. Host Hotels also pointed to the World Cup, which it said added roughly 160 basis points to second-quarter RevPAR growth, with RevPAR in World Cup host markets rising 15% in June versus 12% elsewhere.
Host Hotels highlighted specific markets as well, noting Maui’s recovery with RevPAR up 14% and occupancy up more than 8 percentage points, and that golf revenue there is now 9% above pre-wildfire levels. The outlet also reported that the company has invested about $2.1 billion into 34 hotels across Marriott and Hyatt portfolios, expecting the program to generate 60% of hotel EBITDA in 2026, with stabilized properties gaining about 9 RevPAR index share points on average.
On outlook and near-term headwinds, Host Hotels’ CFO Sourav Ghosh said margin comparisons are expected to moderate in the second half as rate growth cools. Yahoo Finance added that the company expects a Kona low rainstorm in Hawaii to cause $27 million to $32 million in property damage, with remediation around $2 million, and that its Four Seasons condo development at Walt Disney World had 28 of 40 units closed, with 2026 EBITDA guidance trimmed to $16 million to $20 million from $20 million.