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Owns luxury and upper-upscale hotels operated under brands like Marriott and Hyatt, without running them directly.
Owns luxury and upper-upscale hotels operated under brands like Marriott and Hyatt, without running them directly.
Keeps the room, food and meeting income of its hotels and pays the brand operators a fee to run them, so profit moves with occupancy, room rates and staffing costs rather than a fixed rent. It is the largest lodging REIT in the US.
Moat: narrow (scale, installed base). A portfolio of large, well-located luxury hotels in prime markets that is costly and slow for smaller REITs to replicate.
Headquarters: Bethesda, Maryland, United States · Founded: 1927 · Employees: 162
Size Host Hotels & Resorts (HST) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $16.9B, the 556th largest of 3,117 United States companies the cockpit tracks. Shares closed at $24.62 on 6 Nov 2026.
Performance Over six months the shares gained 14.8%, against -1.2% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 4.9% over the last twelve months (peer median +4.4%); the operating margin is 14.4% (peer median 34.6%).
Valuation It trades at 23.2× forward earnings against a peer median of 29.3× (6th cheapest of 21).
Credit Host Hotels & Resorts has 7 bonds outstanding ($4.05B), rated BBB- by the agencies and trading like BBB at a weighted spread of 102 bp.
Short interest Short interest is 6.1% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.22B | $6.11B | $5.68B | $5.31B | $4.91B |
| Revenue growth | — | +8% | +7% | +8% | — |
| Gross profit | $1.02B | $955M | $888M | $873M | $865M |
| EBITDA | $1.68B | $1.63B | $1.53B | $1.46B | $1.42B |
| Net income | $1.03B | $765M | $697M | $740M | $633M |
| Free cash flow | $1.01B | $858M | $938M | $785M | $911M |
| Capital expenditure | $589M | $644M | $548M | $646M | $504M |
| Total debt | $5.64B | $5.64B | $5.64B | $4.77B | $4.78B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Host Hotels & Resorts HST | $16.9B | +15% | +5% | 14% | 23.2× | n/a |
| Park Hotels & Resorts PK | $3.17B | +39% | -1% | 12% | 29.1× | n/a |
| Ryman Hospitality Properties RHP | $9.11B | +19% | +13% | 20% | 26.4× | n/a |
| Pebblebrook Hotel Trust PEB | $2.36B | +43% | +3% | 9% | n/a | n/a |
| DiamondRock Hospitality DRH | $2.88B | +30% | +2% | 17% | 21.5× | n/a |
| Sunstone Hotel Investors SHO | $2.33B | +19% | +7% | 10% | 59.0× | n/a |
| Xenia Hotels & Resorts XHR | $1.97B | +26% | +4% | 8% | 36.9× | n/a |
| RLJ Lodging Trust RLJ | $1.92B | +40% | +1% | 10% | 700.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.2% | +6.0% | 7th highest of 21 |
| 6-month return | +14.8% | -1.2% | 2nd highest of 21 |
| Distance from 52-week high | -6.0% | -11.1% | 4th highest of 21 |
| Revenue growth (TTM) | +4.9% | +4.4% | 9th highest of 21 |
| Operating margin | 14.4% | 34.6% | 4th lowest of 21 |
| Forward P/E | 23.2× | 29.3× | 6th cheapest of 21 |
| Bond spread | 102 bp | 93 bp | 5th widest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Host Hotels & Resorts HST | United States | $16.9B | +15% | +5% | 14% | 23.2× | n/a | n/a |
| Kimco Realty KIM | United States | $17.0B | +10% | +3% | 35% | 29.3× | n/a | n/a |
| SEGRO SGRO.L | United Kingdom | $16.6B | +33% | +7% | 69% | 23.8× | n/a | n/a |
| Essex Property Trust ESS | United States | $17.5B | +4% | +5% | 30% | 43.9× | n/a | n/a |
| Lamar Advertising LAMR | United States | $15.8B | -1% | +4% | 32% | 25.0× | n/a | n/a |
| Invitation Homes INVH | United States | $15.6B | -5% | +5% | 25% | 35.2× | n/a | n/a |
| Weyerhaeuser WY | United States | $15.1B | -10% | -1% | 6% | 86.1× | n/a | n/a |
| W. P. Carey WPC | United States | $15.0B | -12% | +9% | 52% | 21.6× | n/a | n/a |
| Annaly Capital Management NLY | United States | $14.8B | -17% | +23% | 77% | 6.0× | n/a | n/a |
| CapitaLand Integrated Commercial Trust C38U.SI | Singapore | $14.6B | +2% | +5% | 65% | 19.1× | n/a | n/a |
| Omega Healthcare Investors OHI | United States | $14.6B | +2% | +14% | 61% | 24.3× | n/a | n/a |
| SBA Communications SBAC | United States | $19.8B | -13% | +2% | 53% | 23.8× | n/a | n/a |
| Sun Communities SUI | United States | $14.4B | -4% | -19% | 2% | 40.8× | n/a | n/a |
| Healthpeak Properties DOC | United States | $14.3B | +4% | +9% | 17% | 123.6× | n/a | n/a |
| Link REIT 0823.HK | Hong Kong | $13.8B | +3% | -3% | 68% | 16.5× | n/a | n/a |
| Mid-America Apartment Communities MAA | United States | $13.8B | -8% | +1% | 27% | 38.7× | n/a | n/a |
| Regency Centers REG | United States | $13.7B | -3% | +8% | 37% | 29.7× | n/a | n/a |
| Camden Property Trust CPT | United States | $13.4B | -3% | +1% | 18% | 119.0× | n/a | n/a |
| Scentre SCG.AX | Australia | $13.1B | -1% | -4% | 67% | 14.6× | n/a | n/a |
| American Healthcare REIT AHR | United States | $12.7B | +12% | +16% | 7% | 81.7× | n/a | n/a |
| Equity LifeStyle Properties ELS | United States | $12.3B | 0% | +3% | 34% | 29.2× | n/a | n/a |
Host Hotels & Resorts has 7 bonds outstanding with $4.05B face value. The agencies rate it BBB-; its bonds trade like BBB. Weighted yield 5.66%, a spread of 102 bp over government bonds.