Host Hotels & Resorts (HST) Revenue — Quarter Ended Mar 31, 2023
Host Hotels & Resorts, Inc. reported higher total revenues for the quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The increase reflects continued improvement in hotel operating metrics.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Host Hotels & Resorts, Inc. reported higher total revenues for the quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The increase reflects continued improvement in hotel operating metrics.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+9.3%
Change from the immediately preceding quarter.
Year-over-year
+28.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $1.4B | +112.8% |
| Sep 30, 2022 | $1.2B | +40.9% |
| Dec 31, 2022 | $1.3B | +26.6% |
| Mar 31, 2023 | $1.4B | +28.6% |
Revenue performance
Revenue rose from the prior quarter, contributing to a trailing twelve‑month total that was higher than the current quarter's level. The company's comparable hotel revenue and EBITDA also showed strong growth.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Relative to the same quarter one year earlier, revenue also grew, with the comparable hotel revenue and RevPAR metrics advancing markedly.
What to watch
The company's forward‑looking statements remain subject to the risk factors discussed in its annual report, and its liquidity profile relies on hotel operations, debt, and equity issuance.