Host Hotels & Resorts (HST) official guidance

This includes approximately $250 million to $300 million of investment focused on redevelopment, repositioning, and ROI projects, and $20 million to $30 million of property damage reconstruction associated with the Kona low rainstorm in Hawaii.

This includes approximately $250 million-$300 million of investment focused on redevelopment, repositioning, and ROI projects.

| Total Capital Expenditures | $ | 243 | $ | 550 | $ | 630 |

For 2026, our capital expenditure guidance range is $545 million to $655 million.

| Total Capital Expenditures | $ | 122 | $ | 545 | $ | 655 |

In 2026, our capital expenditure guidance range is $525 million-$625 million.

| Total Capital Expenditures | $ | 644 | $ | 525 | $ | 625 |

| Comparable hotel EBITDA margin | 29.6% to 29.7% | 40 bps to 50 bps | 20 bps to 50 bps | 20 bps |

At the midpoint, we expect a comparable hotel EBITDA margin of 29.5%, which is 30 basis points above 2025.

| Comparable hotel EBITDA margin | 29.4% to 29.7% | 20 bps to 50 bps | (20) bps to 20 bps | 30 bps |

| Comparable hotel EBITDA margin | 29.0% | 29.4% | (20) bps to 20 bps |

We expect comparable hotel EBITDA margins to be up 20 basis points year-over-year at the low end of our guidance to up 50 basis points at the high end, a 30 basis point improvement over our prior guidance.

Year-over-year, we expect comparable hotel EBITDA margins to be down 20 basis points at the low end of our guidance to up 20 basis points at the high end.

Our adjusted EBITDAre midpoint includes $28 million of estimated EBITDA from operations at The Don CeSar, which is excluded from our comparable hotel set in 2026.

Lastly, our 2026 full year adjusted EBITDARE midpoint includes between $20 million-$25 million of estimated net EBITDA from the Four Seasons condo development, which we expect to recognize concurrent with condo sale closings.

Lastly, our 2026 full-year Adjusted EBITDAre midpoint includes between $20 million and $25 million of estimated net EBITDA from the Four Seasons condo development, which we expect to recognize concurrent with condo sale closings.

| Adjusted EBITDAre (in millions) | $1,820 to $1,840 | $1,785 to $1,835 | $20 |

Our 2026 full year adjusted EBITDAre midpoint is $1,810 million.

| Adjusted EBITDAre (in millions) | $1,785 to $1,835 | $1,740 to $1,800 | $40 |

Our 2026 full-year Adjusted EBITDAre midpoint is $1.77 billion.

| Adjusted EBITDAre (in millions) | $1,740 | $1,800 |

The Company expects to receive a total of $19 million of operating guarantees in 2026 under the two programs.

As a reminder, we expect to benefit from approximately $19 million of operating profit guarantees in 2026 related to our two Transformational Capital Programs, which we expect will offset most of the EBITDA disruption at these properties.

The Company expects to receive a total of $19 million of operating guarantees in 2026 under the two programs.

As a reminder, we expect to benefit from approximately $19 million of operating profit guarantees in 2026 related to our transformational capital programs, which we expect will offset the majority of the EBITDA disruption at these properties.

The Company expects to receive a total of $19 million of operating guarantees in 2026 under the two programs.

The Company is still evaluating the complete property and business interruption impacts of the storm, but currently estimates the total property costs to be approximately $27 million to $32 million, which includes remediation costs of approximately $2 million.

For the full year, we continue to expect wage rates to increase approximately 5%, which comprises approximately 50% of our total comparable hotel operating expenses.

In 2026, we expect wage rates to increase approximately 5%.

| Adjusted FFO per diluted share | $2.10 to $2.16 | $2.03 to $2.11 | $0.06 |

| Adjusted FFO per diluted share | $2.03 | $2.11 |

| Total capital allocation | $ | 130 | $ | 560 | | $ | 670 |

| Total capital allocation | $ | 732 | $ | 540 | $ | 640 |

| All other return on investment ("ROI") projects | 17 | | 75 | | 90 |

| All other return on investment ("ROI") projects | 91 | | 75 | | 90 |

| Renewals and Replacements ("R&R") | 71 | | 275 | | 325 |

| Renewals and Replacements ("R&R") | 287 | | 275 | | 325 |

| Total ROI Projects | 51 | | 250 | | 300 |

| Total ROI Projects | 282 | | 250 | | 300 |

| R&R and ROI Capital expenditures | 122 | | 525 | | 625 |

| R&R and ROI Capital expenditures | 569 | | 525 | | 625 |

| R&R - Property Damage Reconstruction | — | | 20 | | 30 |