Shares rose 1.74% to $21.68 on Wednesday, their second straight gain, topping the previous $21.55 peak set on 21 April.
Trading volume reached 11.0 million shares, above the 50-day average of 8.5 million, during a broader market rally that lifted the S&P 500 1.46% and the Dow 1.24%.
Despite the record high, Host Hotels & Resorts lagged hotel-property peers including Ryman Hospitality, Apple Hospitality REIT and Pebblebrook Hotel Trust, which posted larger percentage gains.
Despite its own record earnings, why did Host Hotels lag behind key rivals in the market on its biggest day?
Is Host Hotels' huge special dividend a sign of strength or a one-time payout from selling its crown jewels?
With luxury travel booming, why are 2026 World Cup hotel bookings in the US already falling short of forecasts?