Host Hotels & Resorts, Inc. (HST) Stock

Host Hotels & Resorts, Inc. (HST) is a Real Estate stock trading at $23.19 (as of 2026-08-21), with a market capitalization of $15.89B and a trailing P/E of 15.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Host Hotels & Resorts, Inc. is a lodging real estate investment trust and owns hotels in the United States and abroad, along with non-controlling interests in joint ventures. It holds interests in properties totaling about 46,100 rooms and operates through partnerships with major hotel brands and independent hotels.

Understand Host Hotels & Resorts, Inc.: how it makes money

Host Hotels & Resorts owns a portfolio of luxury and upper-upscale hotels, and makes money mainly from hotel operations, with revenue coming primarily from rooms, food and beverage, and other on-site services.

Hotel profitability is structurally driven by comparable operating hotel revenue from owned properties, with rooms and food and beverage making up most of total revenue.

Revenue by segment (latest quarter)
Rooms	$0.9B
Food&Beverage	$0.5B
Other	$0.1B

Business quality (Solid): The provided facts give clear visibility into the revenue mix and operating margin, but they do not provide usable demand metrics like RevPAR or similar occupancy-driven indicators, which limits how precisely investors can track operating momentum.

Valuation: At 17× earnings, HST trades 49% below the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

Large, premium hotel portfolio: Host Hotels & Resorts owns 74 properties in the United States and five properties internationally, totaling approximately 46,100 rooms, and focuses on luxury and upper-upscale hotels.
Brand partnerships: The company partners with premium brands such as Marriott, Ritz-Carlton, Westin, Sheraton, and W.
Operating performance can be tracked through owned hotel revenue components: Quarterly revenue is meaningfully represented by rooms revenue and food and beverage revenue, and comparable hotel revenues are provided.

Bear case

Revenue concentration in hotel operating streams: Most of the provided revenue mix comes from rooms and food and beverage, which can be exposed to shifts in lodging demand.
Limited control over some properties: The company holds non-controlling interests in joint ventures, which can limit its control versus fully owned operations.
Operating momentum may be harder to diagnose with the provided data: Key demand indicators like RevPAR are listed among candidates, but the provided dataset does not include usable values, making it harder to assess underlying changes in pricing or occupancy.

Valuation — source: SEC EDGAR (first-party)
Price	$23.19
Market Cap	$15.89B
P/E Ratio	15.5
EV / EBITDA	8.1
Price / Book	2.49
Price / Sales	2.55
DCF Value (model)	$80.61
DCF Upside vs Price	247.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$6.11B
Net Margin	12.5%
Revenue Growth (YoY)	3.4%
EPS Growth (YoY)	9.4%

Valuation vs Sector & Industry
Stock P/E	15.5
Sector P/E (Real Estate)	27.2
Industry P/E (Trading)	35.3
vs Sector	-43.1%
vs Industry	-56.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($1.92B)
Institutional Holders Tracked	10
Congressional Trades (recent)	8

Company
Sector	Real Estate
Industry	Trading
CEO	James F. Risoleo
Employees	165
Country	US
IPO Date	1980-03-17

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.