Recent Updates — HST

Host Hotels & Resorts, L.P. entered into an amendment and restatement of its senior unsecured bank credit facility to replace existing tranches maturing in January 2027 and 2028. The new agreement maintains a $1.5 billion revolving credit facility tranche and two term loan facilities totaling $1 billion ($500 million each). The revolver matures on January 15, 2031, with extension options available, while the first term loan also matures in January 2031 and the second in January 2032. Borrowings are priced based on SOFR or base rate plus a margin tied to credit ratings, featuring leverage-based and sustainability pricing adjustments. As of October 21, 2026, $500 million was outstanding under each term loan tranche with no amounts drawn on the revolver other than letters of credit. Host Hotels & Resorts operates in the hospitality industry, owning and managing upscale hotels.

Host Hotels & Resorts, Inc. reported second quarter 2026 financial results on August 5, 2026, showing net income of $241 million and diluted earnings per share of $0.35. The company delivered comparable hotel RevPAR growth of 7.0% and Total RevPAR growth of 5.9%, driven by strong leisure transient demand and the FIFA World Cup. Full year 2026 guidance was raised, with comparable hotel Total RevPAR growth expected between 4.75% and 5.25%. The company also paid a $0.92 per share dividend in July, which included a $0.72 special component. Host Hotels & Resorts is the largest lodging real estate investment trust in the United States.