Host Hotels Projects 8.1% Revenue Growth and 6.8% AFFO Rise in Q4
Host Hotels & Resorts will report Q4 results Feb. 18 with consensus revenues of $1.54B (up 8.1% YOY) and AFFO per share of $0.47 (up 6.8% YOY). Analysts forecast RevPAR of $218.96 (vs. $212.86) and occupancy of 65.7% (vs. 67.1%), while interest expenses likely climbed 5.1%.
1. Q4 Earnings Estimates
Host Hotels & Resorts is set to release fourth-quarter results on February 18, with revenues expected at $1.54 billion—an 8.1% year-over-year gain—and AFFO per share forecast at $0.47, up 6.8%. Analysts anticipate interest expenses rose about 5.1% year over year, while RevPAR and occupancy are pegged at $218.96 and 65.7%, respectively.
2. Portfolio and Demand Trends
The REIT’s portfolio of luxury and upper-scale hotels in key U.S. markets and Sunbelt regions benefits from strong group, transient, leisure, and resort demand. Strategic capital allocations have enhanced asset quality and driven margin expansion, even as occupancy ticked down from last year’s levels.
3. Historical AFFO Surprises and Quant Model Outlook
Host Hotels has beaten AFFO estimates in each of the past four quarters with an average surprise of 11.0%. Its quantitative model shows an Earnings ESP of +1.90% and a rank of 3, suggesting a high probability of another AFFO per share beat this quarter.