Jamie Marcus
Senior Vice President of Investor Relations
Replay available
Host Hotels & Resorts, Inc. (NASDAQ: HST) Q4 2025 earnings conference call, held 2026-02-19. Replay captured from the company's public earnings webcast.

Senior Vice President of Investor Relations
President and Chief Executive Officer
Executive Vice President and Chief Financial Officer
Analyst, Baird
Analyst, Jefferies
Analyst, JP Morgan
Analyst, Citigroup
Analyst, BMO Capital Markets
Watch the replay and follow the connected company analysis, news, and investor updates for Host Hotels & Resorts, Inc..
WEBVTT 00:00:00.031 -- 00:00:04.716 Good morning and welcome to the Host Hotels and Resorts Fourth Quarter 2025 Earnings 00:00:04.716 -- 00:00:07.779 Conference Call. Today's conference is being recorded. 00:00:07.779 -- 00:00:12.264 At this time, I would like to turn the call over to Jamie Marcus, Senior Vice President 00:00:12.264 -- 00:00:14.705 of Investor Relations. 00:00:15.127 -- 00:00:20.413 Thank you and good morning, everyone. Before we begin, please note that many of the comments 00:00:20.413 -- 00:00:26.260 made today are considered to be forward-looking statements under federal securities laws. 00:00:26.260 -- 00:00:31.501 As described in our filings with the SEC, These statements are subject to numerous risks 00:00:31.501 -- 00:00:36.568 and uncertainties that could cause future results to differ from those expressed, 00:00:36.568 -- 00:00:42.014 and we are not obligated to publicly update or revise these forward-looking statements. 00:00:42.014 -- 00:00:47.541 In addition, on today's call, we will discuss certain non-GAAP financial information, 00:00:47.541 -- 00:00:52.568 such as FFO, adjusted EBITDA RE, and comparable hotel-level 00:00:52.568 -- 00:00:54.267 results. 00:00:54.267 -- 00:00:59.293 You can find this information together with reconciliations to the most directly comparable 00:00:59.293 -- 00:01:04.500 GAAP information in yesterday's earnings press release, in our 8-K filed 00:01:04.500 -- 00:01:09.847 with the SEC, and in the supplemental financial information on our website 00:01:09.847 -- 00:01:11.987 at hosthotels.com. 00:01:13.471 -- 00:01:18.958 The operational results discussed today refer to our 76 hotel comparable 00:01:18.958 -- 00:01:21.842 portfolio in 2025, which 00:01:21.842 -- 00:01:26.918 excludes Alila Ventana Big Sur, th...