Fri, May 2, 3:48 PM (21 days ago)
**Host Hotels & Resorts, Inc. (HST) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $1,594 million, up 8.4% YoY, driven by room rate increases and strong group business. - **Net Income:** $251 million, down 7.7% YoY due to lower insurance gains and higher interest expenses. - **Operating Profit Margin:** 17.9%, down 190 bps YoY due to decreased insurance gains. - **EBITDA:** $508 million, up 0.8% YoY. - **Adjusted EBITDA:** $514 million, up 5.1% YoY. - **EPS:** $0.35, down 7.9% YoY. - **NAREIT FFO per diluted share:** $0.63, up 5.0% YoY. - **Adjusted FFO per diluted share:** $0.64, up 4.9% YoY. - **Comparable Hotel RevPAR:** Up 7.0% YoY, driven by rate increases and improved occupancy. **Cash Flow:** - **Operating Cash Flow:** $305 million, down from $365 million YoY due to increased interest payments and condominium construction costs. - **Investing Cash Flow:** -$83 million, improved from -$100 million YoY. - **Financing Cash Flow:** -$327 million, increased from -$44 million YoY due to stock repurchases and dividends. **Trends & Uncertainties:** - Strong group business and improving leisure demand on Maui. - Macroeconomic uncertainties, including trade policy, financial market volatility, and geopolitical instability. - Forecasting comparable hotel RevPAR growth of 0.5% to 2.5% for 2025. - Capital expenditures of $580 million to $670 million expected for 2025, including ROI projects and hurricane restoration work. **Future Operations Impact:** - Continued focus on capital projects, including transformational programs and condominium development. - Potential impacts from economic policy changes and macroeconomic uncertainties. - Maintaining a balanced capital structure and liquidity profile to manage volatility in the lodging industry. **Ticker:** HST