Shares of Host Hotels & Resorts (HST) soared 5.28% in pre-market trading on Thursday after the company reported better-than-expected first quarter results and raised its full-year guidance. The strong performance reflects the ongoing recovery in the hospitality sector and Host's strategic positioning in the market.

For the first quarter ended March 31, Host Hotels & Resorts reported adjusted funds from operations (FFO) of $0.64 per diluted share, up from $0.61 a year earlier and significantly beating analyst expectations of $0.56. Revenue for the quarter rose to $1.59 billion, up from $1.47 billion in the same period last year and surpassing analyst projections of $1.55 billion.

Buoyed by the strong results, Host Hotels & Resorts raised its full-year 2025 outlook. The company now expects adjusted diluted FFO of $1.88 to $1.97 per share, up from its previous guidance of $1.82 to $1.91. Additionally, revenue is now projected to grow between 5.3% and 7.4%, compared to the prior forecast of 5.5% to 7.4% growth. This positive revision in guidance signals management's confidence in the company's continued strong performance throughout the year.