Host Hotels & Resorts Q3 Net Income Drops 56% to $71 Million

Bitget2026/11/04 22:47

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Host Hotels & Resorts’ third-quarter net income fell 56% year over year to $71 million due to lower gains on asset sales.
Third-quarter revenues rose to $1.35 billion.
Following quarter-end, it acquired 1 Hotel Brooklyn Bridge for $202 million and Renaissance Dallas at Plano Legacy West Hotel for $172 million.
Full-year 2026 net income guidance increased to $978 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Host Hotels & Resorts Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611041630PRIMZONEFULLFEED9870545) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Host Hotels & Resorts Q3 Net Income Drops 56% to $71 Million

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