Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Hospitality Industry Analysis

UpdatedJun 17, 2026
DataAggregated Company Financials
Companies164
  • 7D5.7%
  • 3M8.5%
  • 1Y-0.9%
  • YTD-5.0%

The Hospitality industry is up 5.7% in the last week, with Booking Holdings up 9.4%. During this same period, the Las Vegas Sands underperformed, falling 5.2%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Jun 2026US$801.2bUS$355.0bUS$27.4b22.1x29.3x2.3x
Fri, 15 May 2026US$734.1bUS$354.3bUS$27.5b20.1x26.7x2.1x
Sun, 12 Apr 2026US$748.6bUS$350.4bUS$25.5b21.5x29.4x2.1x
Tue, 10 Mar 2026US$762.4bUS$349.0bUS$25.9b22.3x29.4x2.2x
Thu, 05 Feb 2026US$805.1bUS$342.8bUS$26.2b20.9x30.7x2.3x
Sat, 03 Jan 2026US$843.1bUS$340.7bUS$25.7b21.7x32.8x2.5x
Mon, 01 Dec 2025US$800.1bUS$339.8bUS$25.7b21.4x31.2x2.4x
Wed, 29 Oct 2025US$839.5bUS$329.7bUS$25.9b23.9x32.4x2.5x
Fri, 26 Sep 2025US$847.2bUS$329.0bUS$24.3b24x34.8x2.6x
Sun, 24 Aug 2025US$870.6bUS$328.0bUS$24.2b24x36x2.7x
Tue, 22 Jul 2025US$897.5bUS$324.4bUS$24.9b24.1x36.1x2.8x
Thu, 19 Jun 2025US$816.0bUS$324.6bUS$24.5b22.6x33.4x2.5x
Sat, 17 May 2025US$808.4bUS$325.0bUS$24.4b22x33.1x2.5x
Mon, 14 Apr 2025US$697.1bUS$316.3bUS$24.0b22.7x29x2.2x
Wed, 12 Mar 2025US$756.1bUS$318.3bUS$23.9b24.2x31.7x2.4x
Fri, 07 Feb 2025US$832.6bUS$309.5bUS$20.7b24.9x40.1x2.7x
Sun, 05 Jan 2025US$797.9bUS$303.5bUS$20.1b23.3x39.7x2.6x
Tue, 03 Dec 2024US$830.5bUS$303.8bUS$19.8b25.5x42.1x2.7x
Thu, 31 Oct 2024US$776.6bUS$303.0bUS$20.4b24.3x38.1x2.6x
Sat, 28 Sep 2024US$737.9bUS$301.6bUS$19.7b23.5x37.4x2.4x
Mon, 26 Aug 2024US$668.1bUS$300.1bUS$19.3b19.7x34.7x2.2x
Wed, 24 Jul 2024US$685.2bUS$296.5bUS$19.8b19.7x34.6x2.3x
Fri, 21 Jun 2024US$701.2bUS$295.4bUS$19.3b19.9x36.3x2.4x
Sun, 19 May 2024US$673.1bUS$282.7bUS$20.4b19.5x33x2.4x
Tue, 16 Apr 2024US$673.3bUS$279.0bUS$20.2b19.6x33.3x2.4x
Thu, 14 Mar 2024US$683.0bUS$277.6bUS$19.5b20x35.1x2.5x
Sat, 10 Feb 2024US$646.9bUS$269.9bUS$19.1b20x33.8x2.4x
Mon, 08 Jan 2024US$610.4bUS$269.1bUS$18.0b19.8x33.9x2.3x
Wed, 06 Dec 2023US$600.1bUS$267.2bUS$16.5b20.1x36.3x2.2x
Fri, 03 Nov 2023US$533.2bUS$264.0bUS$14.4b20.1x37.1x2x
Sun, 01 Oct 2023US$566.4bUS$258.0bUS$10.3b19.9x55.1x2.2x
Tue, 29 Aug 2023US$585.7bUS$254.9bUS$8.1b20.2x72.6x2.3x
Thu, 27 Jul 2023US$638.1bUS$246.6bUS$5.8b20.7x109.6x2.6x
Sat, 24 Jun 2023US$587.4bUS$242.5bUS$3.7b19.2x156.8x2.4x
Price to Earnings Ratio

156.8x


Total Market Cap: US$587.4bTotal Earnings: US$3.7bTotal Revenue: US$242.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Hospitality Industry Price to Earnings3Y Average 40.2x202420252026
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 40.2x.
  • 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 94% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market2.32%
Consumer Discretionary2.35%
Hospitality5.73%
Restaurants7.46%
Hotels, Resorts and Cruise Lines6.92%
Leisure Facilities5.72%
Casinos and Gaming-0.88%
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 25.0%, 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 93.3x.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
BKNG Booking HoldingsUS$175.729.4%
+US$11.7b		-16.9%PE22.1x
DASH DoorDashUS$170.0312.6%
+US$8.3b		-22.9%PE80x
RCL Royal Caribbean CruisesUS$312.8410.8%
+US$8.2b		19.2%PE18.7x
ABNB AirbnbUS$141.209.4%
+US$7.2b		6.8%PE33.3x
SBUX StarbucksUS$101.684.4%
+US$4.9b		11.0%PE77.5x

Latest News

SRAD
US$15.82
Sportradar Group
7D
-3.5%
1Y
-36.2%
Seeking Alpha • 6h

Sportradar: Focus On The Fundamentals

Summary Sportradar (SRAD) is rated BUY due to strong operating leverage and customer expansion. Entry into the growing prediction market is a long term growth driver. SRAD's 1Q26 results showed 11% reported revenue growth (16% constant currency), 12% EBITDA growth, and a 38% increase in free cash flow, driven by IMG integration. Management guides for 24% revenue and 35.5% EBITDA growth in FY26, with margin expansion and robust cross-selling synergies from IMG acquisition. Stock trades at 10x forward EV/EBITDA, near a technical bottom. The valuation is supported by a balance sheet with no debt and record high free cash flow levels. Read the full article on Seeking Alpha
CCL
US$30.90
Carnival
7D
11.4%
1Y
32.7%
Seeking Alpha • 7h

Carnival Q2 Earnings Preview: The Market May Be Missing PROPEL's Appeal

Summary CCL’s Q2 earnings will be impacted by higher-than-guided fuel prices, but forward guidance and net yield trends are expected to be the key stock drivers after the earnings print. PROPEL targets at least 50% EPS growth by 2029, reinstates dividends, and authorizes $2.5 billion in buybacks, aiming to reduce debt and expand valuation multiples. Risks include unhedged fuel price exposure, potential yield growth moderation, and the ambitious nature of PROPEL’s simultaneous capex, distributions, and deleveraging. Read the full article on Seeking Alpha
RCL
US$312.84
Royal Caribbean Cruises
7D
10.8%
1Y
19.2%
Seeking Alpha • 11h

Royal Caribbean: The Oil Price Drag And Possible Surprise

Summary Royal Caribbean Cruises's stock price uptick in the past two months has exceeded my expectations even for the full year 2026, as a result its market multiples are stretched now. How the stock performs going forward critically depends on whether the oil price drop can be sustained or not. The price shock resulted in an earnings guidance downgrade. By the same token, a price drop can result in an upgrade. But that remains to be seen. At any rate, this change would only impact the relative short-term. Read the full article on Seeking Alpha
LVS
US$48.94
Las Vegas Sands
7D
-5.2%
1Y
17.2%
Analysis Article • 12h

Las Vegas Sands (LVS) Stock Could Be 29% Undervalued Despite Mixed Valuation Signals

Las Vegas Sands (LVS) continues to attract attention after posting annual revenue of US$13.74b and net income of US$1.84b, prompting investors to reassess how the stock’s recent performance lines up with these fundamentals. See our latest analysis for Las Vegas Sands. Despite reporting revenue of US$13.74b and net income of US$1.84b, Las Vegas Sands shares have come under pressure. The 1-day share price return is down 1.61% and the year-to-date share price return is down 24.95%, while the...
CMG
US$32.61
Chipotle Mexican Grill
7D
9.1%
1Y
-36.5%
DASH
US$170.03
DoorDash
7D
12.6%
1Y
-22.9%
Analysis Article • Jun 16

DoorDash (DASH) Stock Could Be 31.7% Undervalued After Strong Q1 And Product Launches

Why DoorDash stock is back in focus after Q1 and product launches DoorDash (DASH) is back on many watchlists after strong first quarter financial results, new ad products, and AI driven features like Ask DoorDash, all supported by a more supportive macro backdrop. The first quarter update, which included a 38% change in total revenue and earnings ahead of market expectations, has been paired with rapid progress in higher margin areas such as DoorDash Ads and partnerships with retailers like...
ABNB
US$141.20
Airbnb
7D
9.4%
1Y
6.8%
SBUX
US$101.68
Starbucks
7D
4.4%
1Y
11.0%
Narrative Update • Jun 15

SBUX: Japan Monetization And U.S. Turnaround Plan Will Support Higher Earnings Power

Analysts have made a small upward adjustment to the Starbucks fair value estimate to about $131.30. This reflects a wave of higher price targets and optimism around potential Japan asset monetization and U.S. margin recovery.
BYD
US$86.47
Boyd Gaming
7D
-1.5%
1Y
14.9%
FLUT
US$108.92
Flutter Entertainment
7D
-2.1%
1Y
-59.9%
Narrative Update • Jun 13

FLUT: Prediction Markets And World Cup Catalyst Will Support Post 2026 Sentiment Reset

Analysts have lifted their blended price target for Flutter Entertainment to $168 from $161, reflecting updated views around higher marketing spend tied to events like the World Cup and the potential for prediction markets to widen the company’s addressable customer base, even as some firms flag downside risks and have trimmed targets or ratings. Analyst Commentary Recent Street research around Flutter Entertainment is split, with some firms highlighting upside tied to marketing and new products, while others focus on execution risks and uncertainty around prediction markets.
TCOM
US$46.23
Trip.com Group
7D
-1.7%
1Y
-23.8%
BKNG
US$175.72
Booking Holdings
7D
9.4%
1Y
-16.9%
Narrative Update • Jun 12

BKNG: AI Travel Platform And Stock Split Will Drive Future Repricing

Analysts have modestly adjusted the Booking Holdings price target around recent stock split updates, with mixed increases and reductions across firms. The fair value estimate remains stable at about $224.41 as slight changes in the discount rate, revenue growth, profit margin, and future P/E assumptions are incorporated.
NAVN
US$19.03
Navan
7D
-8.0%
1Y
n/a
MCD
US$287.93
McDonald's
7D
2.0%
1Y
-1.5%
HTHT
US$43.35
H World Group
7D
-2.7%
1Y
30.1%
Narrative Update • Jun 06

HTHT: Cost Controls And Higher Tier Hotel Mix Will Drive Repricing

H World Group's updated analyst price target has been adjusted slightly. Analysts point to recent target increases from multiple firms, a revised P/E assumption, and expectations for mix improvement, higher margins, and cost controls as key drivers of their refreshed view.
WYNN
US$103.67
Wynn Resorts
7D
-3.5%
1Y
18.8%
Narrative Update • Jun 05

WYNN: Al Marjan Launch And Macau Expansion Will Support Future Upside

Wynn Resorts' analyst fair value estimate has shifted slightly from $152.00 to $150.00 as analysts factor in a series of reduced price targets across major firms and adjust assumptions for revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent Street research around Wynn Resorts has centered on a broad round of price target trims, along with one key list removal at Goldman Sachs.