Host Hotels Raises 2026 EBITDAre Guidance, Reports Q3 Growth and Acquisitions
Third-quarter adjusted EBITDAre rose 8.8% year over year to $347 million, while adjusted FFO per share increased 11.4% to $0.39. Host raised full-year 2026 adjusted EBITDAre guidance by $35 million to $1.865 billion and expects high-single-digit fourth-quarter RevPAR growth. It also agreed to acquire two hotels for $202 million and approximately $172 million, respectively.
Host Hotels & Resorts reported third-quarter 2026 adjusted EBITDAre of $347 million, an 8.8% increase year-over-year, with adjusted FFO per share rising 11.4% to $0.39. Comparable hotel RevPAR grew 8.8%, and the company raised its full-year 2026 adjusted EBITDAre guidance by $35 million to $1.865 billion. Additionally, the company announced the acquisition of the 195-room 1 Hotel Brooklyn Bridge for $202 million and the 308-room Renaissance Dallas at Plano Legacy West Hotel for approximately $172 million. Management attributed the performance to strong demand across leisure, group, and business travel segments.
The company also expects high-single-digit RevPAR growth for the fourth quarter.