Host Hotels raises annual FFO forecast on luxury segment strength

Host Hotels & Resorts, Inc.

Host Hotels & Resorts, Inc.

HST

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- Real estate investment trust Host Hotels & Resorts HST.O raised its forecast for 2026 adjusted funds from operations on Wednesday, helped by strong bookings for luxury hotels.

The Bethesda, Maryland-based REIT has benefited from its luxury portfolio as affluent travelers, who remain largely insulated from broader economic uncertainty, continue to spend on premium experiences.

  • Shares of the company rose 2% in extended trading.

  • It now expects a full-year adjusted FFO per share in the range of $2.10 to $2.16, compared with $2.03 to $2.11 previously.

  • The REIT reported a first-quarter quarterly adjusted FFO of 67 cents per share, compared with estimates of 59 cents per share, according to data compiled by LSEG.

  • Total revenue for the quarter ended March 31 was $1.65 billion, up 3.2% from a year earlier.