Host Hotels (HST) reported $1.47 billion in revenue for the quarter ended June 2024, representing a year-overyear increase of 5.2%. EPS of $0.57 for the same period compares to $0.29 a year ago. The reported revenue represents no surprise over the Zacks Consensus Estimate of $1.47 billion. With the consensus EPS estimate being $0.56, the EPS surprise was +1.79%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectation ...

Host Hotels (HST) came out with quarterly funds from operations (FFO) of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to FFO of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 1.79%. A quarter ago, it was expected that this lodging real estate investment trust would post FFO of $0.54 per share when it actually produced FFO of $0.60, delivering a surprise of 11.11%. Over the last fou ...

财务业绩 - 公司第二季度收入为14.66亿美元，同比增长5.2%[7] - 第二季度净利润为2.42亿美元，同比增长13.1%[8] - 调整后EBITDA为4.76亿美元，同比增长6.7%[11] - 公司上半年总收入为29.37亿美元，同比增长5.9%[47] - 公司上半年净利润为5.07亿美元，同比增长2.0%[50] - 公司2024年上半年总收入为28.3亿美元，同比增长2.0%[76] - 2024年上半年可比酒店EBITDA为4.61亿美元，同比增长16.8%[76] - 2024年上半年NAREIT FFO为8.25亿美元，同比增长7.8%[80] - 2024年上半年净收入为5.14亿美元，同比增长1.8%[78] - 2024年上半年EBITDA为9.93亿美元，同比增长4.8%[78] - 2024年上半年调整后EBITDA为9.59亿美元，同比增长7.8%[78] 酒店经营指标 - 可比酒店总收益率为368.25美元，同比增长0.5%[11] - 可比酒店收益率为224.29美元，同比增长0.1%[11] - 公司总体业绩表现良好，平均客房收益率(RevPAR)同比增长0.1%[57] - 国内市场平均客房收益率(RevPAR)基本持平，国际市场平均客房收益率(RevPAR)同比增长10.4%[57] - 客房入住率维持在74.3%的高位水平[57] - 公司在2024年上半年的平均客房入住率为74.3%，较2023年同期的73.4%有所上升[62] - 公司在2024年上半年的平均每可出租客房收益(RevPAR)为227.95美元，较2023年同期的222.26美元有所增长[62] - 公司在2024年上半年的总收益(TotalRevPAR)为377.61美元，较2023年同期的364.22美元有3.7%的增长[62] 业务拓展与并购 - 公司完成了1 Hotel Central Park和The Ritz-Carlton O'ahu, Turtle Bay的收购[13][14] - 公司最近收购了1 Hotel Central Park和The Ritz-Carlton O'ahu, Turtle Bay两家酒店,预计将为公司贡献1.2-2.2亿美元的净收入和调整后EBITDA[26] - 公司还开发了佛罗里达沃尔特迪士尼世界四季度假村附近的公寓单元,预计2024年将投入5-6亿美元[22][23] 可再生能源与绿色建筑 - 公司在可再生能源使用和绿色建筑认证方面取得新的里程碑[12] 股东回报 - 公司回购了2.8百万股普通股，总金额为5000万美元[18] - 公司支付了第二季度每股0.20美元的普通股现金股利[18] 保险赔付 - 公司获得了308百万美元的保险赔付,其中99百万美元确认为业务中断收益[12][15] - 公司预计将获得与2022年飓风Ian和毛伊岛山火相关的最终保险赔付[87] 客户结构 - 公司客户主要分为三大类:临时客户、团体客户和合同客户,分别占2023年全年客房销售的61%、35%和4%[19] 资本支出与财务指标 - 公司2024年二季度资本支出为2.24亿美元,全年预计资本支出在5-6亿美元之间[20][21] - 公司预计2024年总收入同比增长5.8%-7.8%,经营利润率为15.3%-16.0%,可比酒店EBITDA利润率为29.1%-29.6%[26] - 公司预计2024年净收入为6.83-7.41亿美元,调整后EBITDA为16.15-16.75亿美元[27] - 公司2024年全年NAREIT和调整后每股基金来源(FFO)预计为1.90-1.98美元[84,86] - 公司2024年全年可比酒店EBITDA利润率预计为29.1%-29.6%[88] - 公司2024年全年可比酒店营业利润率预计为15.3%-16.0%[88] - 公司2024年全年可比酒店收入下降1.0%-增长1.0%[87] - 公司2024年全年可比酒店EBITDA利润率下降110-60个基点[87] 酒店资产与运营 - 公司持有76家美国酒店和5家国际酒店,共约43,400间客房,并持有7家国内和1家国际合资企业的非控股权益[29] - 公司采取严格的资本配置和积极的资产管理策略,与万豪、丽思卡尔顿、威斯汀等知名品牌合作[29] - 公司拥有79家酒店,其中77家被归类为可比酒店[95] 非GAAP财务指标 - 公司使用NAREIT FFO和调整后FFO等非GAAP财务指标来评估公司的经营业绩[97][98][99][100] - 公司使用EBITDA、EBITDAre和调整后EBITDAre等非GAAP财务指标来评估公司的经营业绩[101][102] - 公司使用的非GAAP财务指标存在一定局限性,不应被视为替代GAAP指标[103][104] - 可比酒店EBITDA指标有助于投资者评估酒店的持续经营业绩,剔除了公司资本结构和资产基础的影响[105] - 可比酒店业绩数据按地区和整体两个层面呈现[105] - 可比酒店业绩数据不包括公司层面的收入、费用和利润,仅反映酒店层面的经营情况[105]

BETHESDA, Md., July 31, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ:HST) ("Host" or the "Company"), the nation's largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in the 234-room 1 Hotel Central Park (the "Property") for approximately $265 million in cash. The acquisition price represents an 11.1x EBITDA multiple or a cap rate of approximately 8.1% on the Property's 2024 estimated results1. The Property is expected to be among Host's ...

BETHESDA, Md., July 31, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) ("Host" or the "Company"), the nation's largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in the 234-room 1 Hotel Central Park (the "Property") for approximately $265 million in cash. The acquisition price represents an 11.1x EBITDA multiple or a cap rate of approximately 8.1% on the Property's 2024 estimated results1. The Property is expected to be among Host's ...

BETHESDA, Md., July 31, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the "Company"), the nation's largest lodging real estate investment trust ("REIT"), today announced results for second quarter of 2024. OPERATING RESULTS (unaudited, in millions, except per share and hotel statistics) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|---------------------------------------------|--------------------|-----------------------|-------|------- ...

BETHESDA, Md., July 30, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ:HST) (the "Company"), the nation's largest lodging real estate investment trust ("REIT"), released its 2024 Corporate Responsibility (CR) Report, which details the Company's CR program and strategy along with its environmental, social and governance initiatives and industry-leading accomplishments. Additionally, the 2024 CR Report provides an update on the Company's performance and progress toward its 2030 environmental and ...

BETHESDA, Md., July 30, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the "Company"), the nation's largest lodging real estate investment trust ("REIT"), released its 2024 Corporate Responsibility (CR) Report, which details the Company's CR program and strategy along with its environmental, social and governance initiatives and industry-leading accomplishments. Additionally, the 2024 CR Report provides an update on the Company's performance and progress toward its 2030 environmental an ...

Ynvisible Expands Market Reach in Asia Through Strategic Distribution Agreement with Taiwan's HSTJuly 30, 2024 3:00 AM EDT | Source: Ynvisible Interactive Inc.Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) (the "Company" or "Ynvisible"), a leading provider of printed e-paper display products, is pleased to announce that it signed a new distribution agreement with Hardware & Software Technology Co., Ltd. ("HST"), ...

Host Hotels & Resorts Inc. (HST) , which has a portfolio of luxury and upper-upscale hotels in top U.S. Markets and the Sunbelt region, is poised to benefit from the strong demand drivers in these markets. However, macroeconomic uncertainty and the elevated interest rate environment remain concerns.What’s Aiding Host Hotels?Host Hotels has a strong Sunbelt exposure and presence in the top 20 U.S. markets. Its properties are advantageously located in central business districts of major cities with close prox ...