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# Host Hotels to exit Asia Pacific
- URL: https://hospitality.pro/host-hotels-to-exit-asia-pacific/
- Published: 2015-09-30T05:44:17.000Z
- Updated: 2015-09-30T05:44:17.000Z
- Author: Holedo
- Tags: Hospitality Industry News, Earnings Dividends &amp; Forecasts, News, #wordpress, #Import 2026-04-16 12:15

Host Hotels shares fell nearly six percent to US$15.30 after the hotel owner cut its full-year forecast and said it would exit the Asia-Pacific market, Reuters reported.  
Host Hotels says comparable hotel RevPAR growth (on a constant dollar basis) slowed to 0.7 percent in August from five percent in July due to soft leisure business in the US and lower-than-expected growth at international properties.  
The company expects weak leisure demand trends to continue into September (Q3 ends September) and says it might also impact Q4.