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Host Hotels & Resorts Inc (HST.N)

HST.N on New York Stock Exchange

21.47USD
19 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Hyatt Announces $1 Bln Sale Of Three-Property Portfolio
Thursday, 22 Feb 2018 04:15pm EST 

Feb 22 (Reuters) - Hyatt Hotels Corp ::HYATT ANNOUNCES $1.0 BILLION SALE OF THREE-PROPERTY PORTFOLIO; INCREASES GUIDANCE FOR RETURN OF SHAREHOLDER CAPITAL.HYATT HOTELS CORP - IS INCREASING ITS 2018 GUIDANCE FOR RETURN OF CAPITAL TO SHAREHOLDERS TO A MINIMUM OF $500 MILLION.  Full Article

Host Hotels & Resorts Posts Q4 Adjusted FFO Per Share $0.42
Wednesday, 21 Feb 2018 05:00pm EST 

Feb 21 (Reuters) - Host Hotels & Resorts Inc ::HOST HOTELS & RESORTS, INC. REPORTS RESULTS FOR 2017 AND ANNOUNCES AGREEMENT TO ACQUIRE THREE ICONIC HYATT MANAGED HOTELS.Q4 SAME STORE SALES ROSE 2.3 PERCENT.QTRLY NAREIT FFO PER SHARE $0.41.QTRLY ADJUSTED FFO PER SHARE $0.42.QTRLY TOTAL REVENUES $$1,344 MILLION VERSUS $1,337 MILLION LAST YEAR.SEES 2018 NAREIT FFO PER DILUTED SHARE $1.60 TO $1.70.SEES ‍2018 TOTAL COMPARABLE HOTEL REVPAR IN CONSTANT US$ TERMS UP 0.5% TO UP 2.5%​.QTRLY COMPARABLE HOTEL REVENUES $1,219 MILLION VERSUS $1,192 MILLION LAST YEAR.SEES 2018 ADJUSTED FFO PER DILUTED SHARE $1.60 TO $1.70.COMPARABLE REVPAR ON A CONSTANT DOLLAR BASIS INCREASED 2.2% FOR QUARTER.SEES 2018 ‍TOTAL REVENUES UNDER GAAP, UP 0.6% TO UP 2.5%​.Q4 FFO PER SHARE VIEW $0.39 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $1.66 -- THOMSON REUTERS I/B/E/S.SEES ‍2018 OPERATING PROFIT MARGIN UNDER GAAP, DOWN 50 BPS TO UP 50 BPS​.HOST HOTELS & RESORTS - PLACED ANDAZ MAUI, GRAND HYATT SAN FRANCISCO, & HYATT REGENCY COCONUT POINT UNDER CONTRACT FOR $1 BILLION WITH A $25 MILLION DEPOSIT AT-RISK.HOST HOTELS & RESORTS - THE THREE HYATT HOTELS CO PLACED UNDER CONTRACT WILL CONTINUE TO BE MANAGED BY HYATT AS PER LONG-TERM MANAGEMENT AGREEMENTS.  Full Article

Host Hotels & Resorts Says Board Authorized Regular Quarterly Cash Dividend Of $0.20 Per Share
Thursday, 14 Dec 2017 04:15pm EST 

Dec 14 (Reuters) - Host Hotels & Resorts Inc ::HOST HOTELS & RESORTS, INC. ANNOUNCES FOURTH QUARTER DIVIDEND AND SPECIAL DIVIDEND ON COMMON STOCK.HOST HOTELS & RESORTS INC SAYS BOARD AUTHORIZED A REGULAR QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE AND A SPECIAL DIVIDEND OF $0.05 PER SHARE.  Full Article

Host Hotels & Resorts posts Q3 adjusted FFO $0.33​/shr
Wednesday, 1 Nov 2017 04:30pm EDT 

Nov 1 (Reuters) - Host Hotels & Resorts Inc :Host Hotels & Resorts Inc reports third quarter results.Host Hotels & Resorts Inc - ‍REVPAR for Q3 matched its expectations despite unexpected impact of hurricanes Harvey and Irma​.Host Hotels & Resorts Inc says "‍anticipates a rebound in Q4 operations​".Host Hotels & Resorts Inc qtrly ‍NAREIT FFO and adjusted FFO per diluted share $0.33​.Host Hotels & Resorts ‍change In qtrly total comparable hotel REVPAR​, on a constant $ basis, down 1.8 percent.Host Hotels & Resorts - sees FY total comparable hotel REVPAR in constant US$ to be up 1.15 pct to up 1.35 pct ‍​.Host Hotels & Resorts Inc sees ‍2017 NAREIT FFO per diluted share $1.65 to $1.66​.Host Hotels & Resorts Inc - sees FY adjusted FFO per share to be $1.65 to $1.67‍​.FY2017 FFO per share view $1.67 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.33 -- Thomson Reuters I/B/E/S.Host Hotels & Resorts -‍ for 2017, co expects to invest $270 million to $300 million in renewal & replacement capex, including spends related to hurricane damage.  Full Article

Host hotels & resorts - Mackenzie Capital affiliates made offer for up to 240k OP units of co​
Thursday, 17 Aug 2017 04:15pm EDT 

Aug 17 (Reuters) - Host Hotels & Resorts Inc :Host Hotels & Resorts Inc - affiliates of Mackenzie Capital Management made unsolicited offer for up to 240,000 OP units of Host Hotels & Resorts, L.P.​.Host Hotels & Resorts Inc - co and host L.P. recommend holders of OP units reject the unsolicited offer from some affiliates of Mackenzie Capital ​.Host Hotels & Resorts-‍in making recommendation to reject offer, considered Mackenzie offer price is below $17.95/share closing price of co's stock on Aug 15.  Full Article

Host Hotels & Resorts Q2 revenue $143 million
Wednesday, 26 Jul 2017 04:30pm EDT 

July 26 (Reuters) - Host Hotels & Resorts Inc :Host Hotels & Resorts, Inc. Reports second quarter results, raises full-year outlook.Q2 revenue $143 million.Q2 revenue view $1.43 billion -- Thomson Reuters I/B/E/S.Host Hotels & Resorts Inc - qtrly nareit ffo per share $0.49.Host hotels & resorts inc - qtrly adjusted ffo per share $ 0.49.Host hotels & resorts inc - comparable revpar on a constant dollar basis improved 1.7% for quarter.Host hotels & resorts inc says q2 comparable hotel revenue $1,310 million versus $ 1,323 million last year.Host hotels & resorts inc - sees 2017 total comparable hotel revpar (constant us$) up 1.00% to 1.75%.Host hotels & resorts inc - sees 2017 earnings per share $0.80 to $0.84.Host hotels & resorts inc qtrly diluted earnings per share $0.28.Host hotels & resorts inc - for 2017, company expects to invest a total of $275 million to $290 million in renewal and replacement capital expenditures..Host hotels & resorts inc - qtrly revenue $1,441 million versus $1,459 million a year ago.Host hotels & resorts inc sees full year 2017 nareit ffo per diluted share $1.64 to $1.68.Host hotels & resorts inc sees full year 2017 adjusted ffo per diluted share $1.64 to $1.68.Host hotels & resorts inc - sees 2017 total revenues under gaap negative 1.1% to negative 0.1%.Fy2017 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Host hotels & resorts inc - sees 2017 operating profit margin under gaap 10 bps to 60 bps.  Full Article

Host Hotels & Resorts Inc qtrly diluted earnings per share $0.28
Wednesday, 26 Jul 2017 04:30pm EDT 

July 26 (Reuters) - Host Hotels & Resorts Inc ::Q2 revenue $1.44 billion.Host Hotels & Resorts, Inc. reports second quarter results, raises full-year outlook.Q2 revenue view $1.43 billion -- Thomson Reuters I/B/E/S.Qtrly NAREIT FFO per share $0.49.Qtrly adjusted FFO per share $ 0.49.comparable RevPAR on a constant dollar basis improved 1.7% for quarter.Host Hotels & Resorts Inc says Q2 comparable hotel revenue $1,310 million versus $ 1,323 million last year.Sees 2017 total comparable hotel RevPAR (constant US$) up 1.00% to 1.75%.Sees 2017 earnings per share $0.80 to $0.84.qtrly diluted earnings per share $0.28.for 2017, company expects to invest a total of $275 million to $290 million in renewal and replacement capital expenditures..qtrly revenue $1,441 million versus $1,459 million a year ago.sees full year 2017 NAREIT FFO per diluted share $1.64 to $1.68.sees full year 2017 adjusted FFO per diluted share $1.64 to $1.68.Sees 2017 total revenues under gaap negative 1.1% to negative 0.1%.FY2017 revenue view $5.42 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Sees 2017 operating profit margin under gaap 10 bps to 60 bps.Q2 FFO per share view $0.47 -- Thomson Reuters I/B/E/S.Q2 revenue view $1.43 billion -- Thomson Reuters I/B/E/S.  Full Article

Host Hotels & Resorts says entered amendment, restatement of existing senior unsecured bank credit facility
Monday, 5 Jun 2017 04:42pm EDT 

June 5 (Reuters) - Host Hotels & Resorts Inc ::Host Hotels & Resorts - on May 31, 2017 Host Lp entered amendment, restatement of existing senior unsecured bank credit facility dated sept 10, 2015.Host Hotels & Resorts - amendment replacing, refinancing existing $1 billion revolving credit facility tranche to mature in June 2018.Host Hotels & Resorts - amendment replacing, refinancing existing revolving credit facility with new revolving credit facility tranche in same amount.Host Hotels & Resorts - restatement does not refinance existing separate $500 million term loan facility tranche scheduled to mature in september 2020.  Full Article

Host Hotels & Resorts reports extension of $1.5 bln credit facility to 2022
Thursday, 1 Jun 2017 04:15pm EDT 

June 1 (Reuters) - Host Hotels & Resorts Inc ::Host Hotels & Resorts, Inc. announces extension of $1.5 billion credit facility to 2022.Host Hotels & Resorts-‍amended & extended existing $1 billion senior unsecured revolver scheduled to mature in 2018 & $500 million term loan scheduled to mature in 2017​.Host Hotels & Resorts - ‍amended facility will extend maturity for both revolver and term loan to 2022​.  Full Article

Host Hotels & Resorts Q1 same store sales rises 3.1 pct
Friday, 28 Apr 2017 06:00am EDT 

April 28 (Reuters) - Host Hotels & Resorts Inc :Host Hotels & Resorts Inc reports strong results for the first quarter 2017.Q1 same store sales rose 3.1 percent.Host Hotels & Resorts Inc - sees FY NAREIT FFO per diluted share $1.59 - $1.68.Host Hotels & Resorts Inc - sees FY adjusted FFO per diluted share $1.60 - $1.68.Host Hotels & Resorts Inc - Q1 comparable hotel revenue $ 1,209 million versus $1,173 million last year.Host Hotels & Resorts Inc sees full year total comparable hotel REVPAR in constant currency 0.0% to 2.0%.Host Hotels & Resorts Inc - experienced "strong" operations in Q1 due to presidential inauguration and related activities in January.Host Hotels & Resorts Inc qtrly NAREIT FFO and adjusted FFO per diluted share $0.44.Q1 FFO per share view $0.39 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $1.66 -- Thomson Reuters I/B/E/S.Host Hotels & Resorts Inc - comparable REVPAR on a constant dollar basis improved 3.4% for quarter.Host Hotels & Resorts Inc - sold Sheraton Memphis Downtown for $67 million and expects to record a gain of approximately $28 million in Q2.Host Hotels & Resorts Inc - for 2017, expects to invest a total of approximately $90 million to $115 million in redevelopment projects and ROI capital expenditures.Host Hotels & Resorts Inc - for 2017, company expects to invest a total of $275 million to $300 million in renewal and replacement capital expenditures.  Full Article

BRIEF-Host Hotels & Resorts Q1 Comparable Hotel Revenue $1,271 Mln

* HOST HOTELS & RESORTS, INC. RAISES FULL YEAR FORECAST AFTER REPORTING STRONG RESULTS FOR THE FIRST QUARTER 2018