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U.S. Hospitality Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies163
  • 7D3.0%
  • 3M7.9%
  • 1Y-1.1%
  • YTD-4.7%

Over the last 7 days, the Hospitality industry has risen 3.0%, driven by gains from DoorDash of 15%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.S. Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026US$801.0bUS$355.0bUS$27.4b23.2x29.3x2.3x
Tue, 19 May 2026US$737.1bUS$354.5bUS$27.5b19.8x26.8x2.1x
Thu, 16 Apr 2026US$774.0bUS$350.4bUS$25.5b21.6x30.4x2.2x
Sat, 14 Mar 2026US$733.3bUS$349.2bUS$25.2b21.5x29.1x2.1x
Mon, 09 Feb 2026US$819.4bUS$342.8bUS$26.2b22.1x31.3x2.4x
Wed, 07 Jan 2026US$856.3bUS$340.7bUS$25.7b22x33.3x2.5x
Fri, 05 Dec 2025US$813.5bUS$339.8bUS$25.7b21.2x31.7x2.4x
Sun, 02 Nov 2025US$792.0bUS$330.6bUS$26.0b23.3x30.5x2.4x
Tue, 30 Sep 2025US$849.3bUS$329.3bUS$24.5b24.4x34.7x2.6x
Thu, 28 Aug 2025US$874.2bUS$328.1bUS$24.2b23.9x36.1x2.7x
Sat, 26 Jul 2025US$880.7bUS$324.1bUS$24.9b23.9x35.4x2.7x
Mon, 23 Jun 2025US$818.9bUS$324.9bUS$24.5b22.7x33.5x2.5x
Wed, 21 May 2025US$813.8bUS$324.7bUS$24.6b22.2x33.1x2.5x
Fri, 18 Apr 2025US$707.6bUS$318.0bUS$24.3b22x29.1x2.2x
Sun, 16 Mar 2025US$754.6bUS$317.7bUS$24.0b23.8x31.5x2.4x
Tue, 11 Feb 2025US$838.3bUS$309.8bUS$21.0b24.5x40x2.7x
Thu, 09 Jan 2025US$781.6bUS$303.5bUS$20.1b22.4x38.9x2.6x
Sat, 07 Dec 2024US$843.5bUS$303.9bUS$19.8b24.9x42.7x2.8x
Mon, 04 Nov 2024US$762.0bUS$304.2bUS$21.1b23.1x36.2x2.5x
Wed, 02 Oct 2024US$734.6bUS$302.6bUS$20.4b23.6x36.1x2.4x
Fri, 30 Aug 2024US$671.3bUS$301.1bUS$19.7b20x34.1x2.2x
Sun, 28 Jul 2024US$658.6bUS$298.2bUS$20.4b18.8x32.2x2.2x
Tue, 25 Jun 2024US$698.7bUS$295.6bUS$19.3b19.5x36.2x2.4x
Thu, 23 May 2024US$666.3bUS$283.1bUS$20.5b18.6x32.4x2.4x
Sat, 20 Apr 2024US$657.6bUS$279.8bUS$20.6b19.4x32x2.4x
Mon, 18 Mar 2024US$673.8bUS$277.3bUS$19.5b19.9x34.5x2.4x
Wed, 14 Feb 2024US$640.8bUS$270.0bUS$19.4b19.5x33x2.4x
Fri, 12 Jan 2024US$618.1bUS$269.1bUS$18.0b19.7x34.3x2.3x
Sun, 10 Dec 2023US$591.3bUS$267.2bUS$16.5b19.9x35.9x2.2x
Tue, 07 Nov 2023US$562.8bUS$264.3bUS$14.5b20.4x38.8x2.1x
Thu, 05 Oct 2023US$562.0bUS$258.0bUS$10.3b19.3x54.7x2.2x
Sat, 02 Sep 2023US$604.9bUS$254.8bUS$8.2b19.2x73.9x2.4x
Mon, 31 Jul 2023US$644.2bUS$248.6bUS$6.7b21.5x95.5x2.6x
Wed, 28 Jun 2023US$599.7bUS$244.8bUS$5.2b19.7x116x2.4x
Price to Earnings Ratio

116x


Total Market Cap: US$599.7bTotal Earnings: US$5.2bTotal Revenue: US$244.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Hospitality Industry Price to Earnings3Y Average 39.8x202420252026
Current Industry PE
  • Investors are pessimistic on the American Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 29.3x which is lower than its 3-year average PE of 39.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have grown 74% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Discretionary industry?

US Market1.39%
Consumer Discretionary0.55%
Hospitality3.01%
Leisure Facilities7.54%
Hotels, Resorts and Cruise Lines4.85%
Restaurants3.89%
Casinos and Gaming-4.47%
Industry PE
  • Investors are most optimistic about the Casinos and Gaming industry which is trading above its 3-year average PE ratio of 115x.
    • Analysts are expecting annual earnings growth of 24.7%, which is lower than the prior year's growth of 31.3% per year.
  • Investors are most pessimistic about the Hotels, Resorts and Cruise Lines industry, which is trading below its 3-year average of 93.7x.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 31% per year.
  • In contrast, the Leisure Facilities industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DASH DoorDashUS$173.4615.2%
+US$10.0b		-21.3%PE81.6x
ABNB AirbnbUS$142.417.7%
+US$6.0b		8.1%PE33.6x
BKNG Booking HoldingsUS$171.784.1%
+US$5.3b		-19.0%PE21.6x
RCL Royal Caribbean CruisesUS$312.516.2%
+US$4.9b		14.7%PE18.7x
CCL CarnivalUS$30.875.8%
+US$2.3b		29.9%PE13.8x

Latest News

TCOM
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Trip.com Group
7D
-2.9%
1Y
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MAR
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Marriott International
7D
-1.6%
1Y
52.3%
HTHT
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H World Group
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1Y
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VIK
US$97.17
Viking Holdings
7D
5.3%
1Y
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ABNB
US$142.41
Airbnb
7D
7.7%
1Y
8.1%
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Airbnb (ABNB) Stock Could Be 26% Undervalued As Lower Flight Costs Support Travel

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MCD
US$278.61
McDonald's
7D
-2.2%
1Y
-3.1%
Narrative Update • Jun 18

MCD: Next Era Restaurant Upgrades And AI Will Support Franchise Cash Returns

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LVS
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Las Vegas Sands
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1Y
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DKNG
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DraftKings
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SBUX
US$100.65
Starbucks
7D
-2.3%
1Y
8.1%
BROS
US$70.72
Dutch Bros
7D
7.3%
1Y
4.6%
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DASH
US$173.46
DoorDash
7D
15.2%
1Y
-21.3%
Narrative Update • Jun 18

DASH: Local Commerce And Ads Expansion Will Offset Sector Multiple Pressure

Analysts have trimmed their fair value estimate for DoorDash to $172.00 from $198.00, reflecting updated assumptions around higher discount rates, slightly softer revenue growth, and a lower future P/E multiple, even as they still point to steady user trends and ongoing category and international expansion. Analyst Commentary on DoorDash Recent Street commentary around DoorDash points to a mix of optimism on user activity and category expansion, alongside a clear reset in valuation expectations as several bearish analysts revise their price targets lower.
CCL
US$30.87
Carnival
7D
5.8%
1Y
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RCL
US$312.51
Royal Caribbean Cruises
7D
6.2%
1Y
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FLUT
US$101.83
Flutter Entertainment
7D
-8.0%
1Y
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EXPE
US$240.90
Expedia Group
7D
7.1%
1Y
46.1%
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BKNG
US$171.78
Booking Holdings
7D
4.1%
1Y
-19.0%
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