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Host Hotels & Resorts Inc raises FY 2014 guidance and RevPAR guidance


Thursday, 31 Jul 2014 06:00am EDT 

Host Hotels & Resorts Inc:Expects FY 2014 total comparable hotel RevPAR of 5.75-6.25 pct (prior range $5.0-6.0 pct).Expects FY 2014 total revenues under GAAP of 3.8-4.3 pct (prior range 3.3-4.3 pct).Expects FY 2014 total comparable hotel revenues of 5.3-5.8 pct (prior range 4.7-5.7 pct).Expects FY 2014 diluted earnings per share of $0.67-$0.70 (prior range $0.64-$0.69).Expects FY 2014 net income of $515-$538 mln (prior range $497-$534 mln).Expects FY 2014 NAREIT FFO per diluted share of $1.41-$1.45.Expects FY 2014 adjusted FFO per diluted share of $1.44-$1.47 (prior range $1.41-$1.46).Expects FY 2014 adjusted EBITDA of $1.380-1.405 bln (prior range $1.36-$1.40 bln).Reported revenues of $5.116 bln in FY 2013.FY 2014 net income of $516 mln, FFO of $1.46 and EBITDA of $1.399 bln -Thomson Reuters I/B/E/S. 

Company Quote

23.13
0.15 +0.65%
3:16pm EDT