📊 Topic

Out-of-room revenue

3 stories · First covered Feb 26, 2026 · Latest May 6
Related: RevPAR 3 Host Hotels & Resorts 1 EBITDA 1 Pebblebrook Hotel Trust 1 DiamondRock Hospitality 1 AFFO 1 Hotel REIT capital structure 1 Hotel portfolio management 1 deleveraging 1 Asset disposition 1 Adjusted FFO 1 Luxury hotel market 1
Out-of-room revenue Coverage
Host Hotels Beat Estimates by $36M in EBITDA. RevPAR Missed. That's the Interesting Part.
REITs
May 6

Host Hotels Beat Estimates by $36M in EBITDA. RevPAR Missed. That's the Interesting Part.

Host's Q1 looks like a blowout until you separate the asset sale gains from operating performance. The 70 basis points of margin expansion is real, but the RevPAR miss against estimates tells a more nuanced story about where rate ceilings live in luxury.

JC
Jordan Chen 2 min read · May 6
Pebblebrook's Q1 Earnings Date Is Routine. The Numbers Behind It Aren't.
REITs
Apr 12

Pebblebrook's Q1 Earnings Date Is Routine. The Numbers Behind It Aren't.

Pebblebrook just scheduled its Q1 2026 earnings call for April 29. The real story is what Q4 2025 already told us about a REIT trading at a 35% discount to NAV while quietly engineering a cash flow inflection.

JC
Jordan Chen 2 min read · Apr 12
DiamondRock's Q4 Beat Hides the Number That Actually Matters
REITs
Feb 26

DiamondRock's Q4 Beat Hides the Number That Actually Matters

DRH topped revenue estimates by $1.1M and posted a 273% net income jump. The 2026 guidance tells a different story than the headline.

JC
Jordan Chen 2 min read · Feb 26