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Despite Host Hotels & Resorts’ underperformance compared to other REIT stocks over the past year, analysts remain optimistic about the stock’s prospects.
Host Hotels owns 76 luxury properties under flags like Marriott and Ritz-Carlton, and its dividend history reveals exactly how much that income depends on something no landlord controls: what travelers decide to spend tonight.
Host Hotels & Resorts has delivered a strong share price run in recent years, and that raises a simple question for you as an investor: Is the current US$21.84 price properly supported by the cash flows the hotel real estate investment trust is expected to generate? Over the past 3 years, Host Hotels & Resorts has returned about 67.0%, which puts real weight on whether that share price climb is fully backed by its underlying cash generation. The business relies on hotel property income...
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