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Host Hotels raises 2025 adjusted FFO forecast on leisure travel demand
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Host Hotels raises 2025 adjusted FFO forecast on leisure travel demand
Jul 30, 2025 3:13 PM

July 30 (Reuters) - Real estate investment trust Host

Hotels & Resorts ( HST ) forecast 2025 adjusted funds from

operations (FFO) above analysts' estimates on Wednesday, buoyed

by continued strength in leisure travel and higher room rates.

The raised forecast comes despite the company's caution over

macroeconomic uncertainty in the second half of the year.

U.S. domestic travel demand weakened in April as consumers

cut back on discretionary spending amid concerns over the

economic impact of President Donald Trump's trade policy.

However, demand for luxury and upscale accommodations,

which comprise Host's entire portfolio, remained resilient,

supported by higher-income travelers who were less affected.

"Strong transient demand led to improvements in room

revenues, food & beverage revenues and ancillary spend," CEO

James Risoleo said in a statement.

The REIT reported a quarterly adjusted FFO of 58 cents per

share, compared with analysts' estimate of 52 cents per share.

It now expects full-year adjusted FFO of between $1.98 and

$2.02 per share, compared with $1.88 to $1.97 per share expected

previously.

Total revenue for the quarter ended June 30 was $1.59

billion, up 8.2% from a year earlier. Analysts, on average, were

expecting revenue of $1.51 billion, according to LSEG data.

(Reporting by Anandita Mehrotra and Aishwarya Jain in

Bengaluru; Editing by Anil D'Silva)

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