NASDAQ$HST
Host Hotels & Resorts Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Returned to profitability at the hotel level and acquired the Four Seasons Resort Orlando at Walt Disney World® Resort.
Host Hotels & Resorts, Inc. reported a GAAP net loss of $153 million for Q1 2021, but achieved positive Adjusted EBITDAre of $3 million. The company acquired the Hyatt Regency Austin and Four Seasons Resort Orlando, and saw RevPAR improve due to strong leisure demand.
- GAAP net loss of $153 million in the first quarter of 2021.
- Achieved positive All Owned Hotel Pro Forma EBITDA of $21 million in the first quarter of 2021.
- Acquired the fee-simple interest in the 448-room Hyatt Regency Austin for $161 million.
- Ended the quarter with total available liquidity of approximately $2.1 billion, including FF&E escrow reserves of $131 million.
Headline financials
Revenue & EPS history
Host Hotels · Revenue · Quarterly
$399M
Revenue by segment
Host Hotels · $399M total across 3 segments · Q1 2021
- Rooms$257M-58.9%64.4%
- Food and beverage$77M-76.7%19.3%
- Other$65M-32.3%16.3%
Forward guidance
Due to global economic uncertainty, the Company cannot provide guidance for its operations or fully estimate the effect of COVID-19 and the current U.S. vaccination deployment on its operations.
Tailwinds
- Recovery within the lodging industry will be driven by increased confidence.
- Confidence that the risks associated with travelling and contracting COVID-19 have been significantly reduced through vaccine deployment
- Lifting of government restrictions.
Headwinds
- Global economic uncertainty.
- COVID-19 has created uncertainty for the travel industry
- COVID-19 has created uncertainty for the airline industry
- COVID-19 has created uncertainty for the lodging industry
- COVID-19 has created uncertainty for the tourism and event industries
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.4%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+1.7%
Avg return
30 days after
51%
36 / 71 earnings
Positive
+8.3%
Q1 2023
Best reaction
-9.9%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.2% | -0.7% | +13.7% | |
| Q4 2025 | -0.5% | -1.8% | -8.2% | |
| Q3 2025 | +6.7% | +10.7% | +6.5% | |
| Q1 2025 | +2.9% | +2.5% | +9.7% | |
| Q4 2024 | -1.9% | -6.2% | -14.0% | |
| Q3 2024 | +2.0% | +2.3% | +6.5% | |
| Q2 2024 | -5.9% | -10.6% | -0.6% | |
| Q1 2024 | -2.2% | -0.5% | -4.9% | |
| Q4 2023 | +5.1% | +2.0% | +6.1% | |
| Q3 2023 | +5.3% | +7.7% | +14.5% | |
| Q2 2023 | -8.6% | -8.7% | -14.0% | |
| Q1 2023 | +8.3% | +9.0% | +10.1% | |
| Q4 2022 | -6.4% | -8.6% | -17.2% | |
| Q3 2022 | -9.9% | -9.0% | -1.5% | |
| Q2 2022 | +2.2% | +4.7% | -0.2% | |
| Q1 2022 | -0.7% | -3.9% | +3.4% | |
| Q4 2021 | +3.1% | +2.1% | +1.7% | |
| Q3 2021 | +3.2% | +5.8% | -11.1% | |
| Q2 2021 | -4.1% | +2.2% | +4.5% | |
| Q1 2021 | -3.0% | -2.7% | -3.5% | |
| Q4 2020 | +6.9% | +5.9% | +13.8% | |
| Q3 2020 | -4.0% | +19.9% | +37.5% | |
| Q2 2020 | -2.2% | -1.0% | +6.1% | |
| Q1 2020 | +5.0% | -6.6% | +33.0% | |
| Q4 2019 | +2.0% | -2.5% | -36.9% | |
| Q3 2019 | +1.8% | +0.2% | +3.4% | |
| Q2 2019 | +0.1% | +0.2% | +0.7% | |
| Q1 2019 | +1.9% | +3.3% | -5.9% | |
| Q4 2018 | +5.6% | +8.0% | +2.7% | |
| Q3 2018 | -2.3% | -3.2% | -0.6% | |
| Q2 2018 | -5.0% | -6.3% | -1.7% | |
| Q1 2018 | -0.5% | +3.0% | +12.2% | |
| Q4 2017 | -2.1% | -2.6% | -7.8% | |
| Q3 2017 | -0.5% | +1.2% | -0.3% | |
| Q2 2017 | +1.3% | +1.2% | -4.0% | |
| Q1 2017 | -6.2% | -5.4% | -6.1% | |
| Q4 2016 | -3.5% | -2.6% | -3.4% | |
| Q3 2016 | -2.8% | +2.9% | +16.3% | |
| Q2 2016 | +3.5% | +1.6% | +3.9% | |
| Q1 2016 | +1.2% | — | — | |
| Q4 2015 | +3.2% | — | — | |
| Q3 2015 | +4.6% | — | — | |
| Q2 2015 | -5.1% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | -7.5% | — | — | |
| Q3 2014 | +1.2% | — | — | |
| Q2 2014 | -4.2% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | +3.1% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | -5.7% | — | — | |
| Q1 2012 | +1.6% | — | — | |
| Q4 2011 | +1.3% | — | — | |
| Q3 2011 | +4.3% | — | — | |
| Q2 2011 | -0.6% | — | — | |
| Q1 2011 | -4.1% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +0.7% | — | — | |
| Q4 2007 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q3 2009 | -2.3% | — | — | |
| Q3 2008 | -2.3% | — | — | |
| Q2 2008 | -3.9% | — | — | |
| Q4 2008 | -3.9% | — | — | |
| Q2 2009 | -3.9% | — | — |
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