Earnings ImpactHost is forecasting a -$15 million earnings impact due to hurricane-related disruption, primarily at The Don CeSar in St. Pete Beach, FL.
Operational RisksRisks include unexpected demand shocks, supply growth, elevated expense pressures, and a high concentration to Marriott-branded and -operated hotels.
Property ReopeningThe Don Cesar remains closed with a phased reopening expected to begin in late 1Q25.