Portfolio Re-Investment and Growth Opportunities Presentation
COMPANY
OVERVIEW
RECENT
HIGHLIGHTS
PORTFOLIO
UPDATE
GROWTH
OPPORTUNITIES
CORPORATE
RESPONSIBILITY
RECONCILIATIONS &
SUPPLEMENTAL INFO
Uneven Quarterly Topline Growth
Tough comparisons and unseasonable weather muted topline growth in Q1 2024. Quarterly
comparisons are expected to ease sequentially and result in full year TRevPAR and RevPAR growth in
the low-to-mid single digits.
Total RevPAR & RevPAR Growth vs. Prior Year(¹)
TRevPAR
RevPAR
34.0%
Q1 2023
31.1%
2023 & 2024E Revenue
IMPACTS FROM MAUI WILDFIRES
Q1 RevPAR
(170) bps actual drag
FULL YEAR ESTIMATED IMPACT
TRevPAR (90) bps
► (310) bps estimated impact
RevPAR (130) bps
0.5%
3.7%
3.0%
-1.2%
Q1 2024
FY 2024E Midpoint
Room ~60%
-
F&B & Other - ~40%
Approximately 40% of Host's revenue in 2023 and 2024E
comes from out-of-room revenue. Since 2017, this
proportion has steadily grown as the portfolio has shifted
toward more complex, higher-end properties, which
benefit from substantial out-of-room revenue from both
guests and non-guests.
Results are for Comparable Hotel portfolios for each period. See Reconciliations & Supplemental Information for explanation of Comparable Hotel adjustments.
1)
2024 Host Hotels & Resorts, Inc.
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