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0 -0.00073367571533385 0 0.00220102714600155 0.00220102714600155 0.00171191000244559 0.00611396429444852 0.0102714600146736
Stock impact report

Host Hotels' (HST) Q4 FFO Meets Estimates, Occupancy Up Y/Y [Yahoo! Finance]

Host Hotels & Resorts, Inc. (HST) 
Last host hotels & resorts, inc. earnings: 2/19 04:31 pm Check Earnings Report
US:NYSE Investor Relations: hosthotels.com
Company Research Source: Yahoo! Finance
Moreover, the figure remained unchanged from the prior-year quarter. Results reflect higher revenues, driven by year-over-year occupancy growth. The lodging real estate investment trust also issued a better-than-anticipated 2024 outlook for AFFO per share. Per James F. Risoleo, president and CEO of the company, “Our results during the quarter were driven by rate increases of 0.4% and continued occupancy improvements at our convention and downtown hotels.” Host Hotels generated total revenues of $1.32 billion, beating the Zacks Consensus Estimate of $1.30 billion. The top line rose 4.8% on a year-over-year basis. In 2023, HST reported AFFO per share of $1.92, up from the prior year's $1.79. The reported figure was in line with the Zacks Consensus Estimate. Total revenues of $5.31 billion increased 8.2% year over year and beat the consensus mark of $5.29 billion. Behind the Headlines Host Hotels' comparable hotel RevPAR was $202.92 in the reported quarter, climbing 1.5% from Show less Read more
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