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

U.S. Hotel and Resort REITs Industry Analysis

UpdatedJul 14, 2026
DataAggregated Company Financials
Companies13
  • 7D-1.3%
  • 3M19.0%
  • 1Y35.2%
  • YTDn/a

The Hotel and Resort REITs industry has stayed flat over the last week. As for the the longer term, the industry is up 35% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the U.S. Hotel and Resort REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Jul 2026US$42.6bUS$20.6bUS$1.2b27.6x35.1x2.1x
Thu, 11 Jun 2026US$42.7bUS$20.6bUS$1.2b25.5x35.1x2.1x
Sat, 09 May 2026US$37.7bUS$20.6bUS$1.2b23.5x31.3x1.8x
Mon, 06 Apr 2026US$33.0bUS$22.3bUS$655.8m22.8x50.4x1.5x
Wed, 04 Mar 2026US$34.8bUS$22.3bUS$659.3m23.8x52.8x1.6x
Fri, 30 Jan 2026US$32.5bUS$22.2bUS$749.5m29.8x43.3x1.5x
Sun, 28 Dec 2025US$33.1bUS$22.2bUS$749.5m30x44.2x1.5x
Tue, 25 Nov 2025US$31.9bUS$22.2bUS$749.5m28.9x42.5x1.4x
Thu, 23 Oct 2025US$30.8bUS$22.2bUS$879.1m27.9x35x1.4x
Sat, 20 Sep 2025US$33.5bUS$22.3bUS$873.6m29.3x38.3x1.5x
Mon, 18 Aug 2025US$30.6bUS$22.3bUS$873.6m27.9x35x1.4x
Wed, 16 Jul 2025US$32.6bUS$22.1bUS$984.8m27.3x33.1x1.5x
Fri, 13 Jun 2025US$30.9bUS$22.1bUS$984.8m24.9x31.4x1.4x
Sun, 11 May 2025US$29.3bUS$22.1bUS$984.9m24.2x29.7x1.3x
Tue, 08 Apr 2025US$26.7bUS$21.9bUS$1.1b17.7x23.3x1.2x
Thu, 06 Mar 2025US$32.9bUS$21.9bUS$1.1b28.5x29x1.5x
Sat, 01 Feb 2025US$35.4bUS$21.8bUS$1.5b18.1x23.2x1.6x
Mon, 30 Dec 2024US$36.9bUS$21.8bUS$1.5b18.2x24.1x1.7x
Wed, 27 Nov 2024US$37.8bUS$21.8bUS$1.5b20.1x24.7x1.7x
Fri, 25 Oct 2024US$35.5bUS$21.6bUS$1.5b19.7x24.4x1.6x
Sun, 22 Sep 2024US$38.4bUS$21.6bUS$1.5b20.1x26.4x1.8x
Tue, 20 Aug 2024US$34.7bUS$21.6bUS$1.4b18.7x24x1.6x
Thu, 18 Jul 2024US$37.8bUS$21.4bUS$1.2b22.8x30.4x1.8x
Sat, 15 Jun 2024US$36.8bUS$21.4bUS$1.2b22.8x29.6x1.7x
Mon, 13 May 2024US$37.8bUS$21.4bUS$1.2b23.6x30.4x1.8x
Wed, 10 Apr 2024US$41.7bUS$21.3bUS$1.4b26.5x30.2x2x
Fri, 08 Mar 2024US$41.7bUS$21.2bUS$1.4b26x29.9x2x
Sun, 04 Feb 2024US$40.2bUS$21.4bUS$1.1b28.3x35.3x1.9x
Tue, 02 Jan 2024US$40.5bUS$21.4bUS$1.1b28.6x35.4x1.9x
Thu, 30 Nov 2023US$36.8bUS$21.4bUS$1.1b24.1x32.2x1.7x
Sat, 28 Oct 2023US$32.2bUS$21.3bUS$1.3b21.3x24.1x1.5x
Mon, 25 Sep 2023US$33.4bUS$21.3bUS$1.4b21.1x23.6x1.6x
Wed, 23 Aug 2023US$33.6bUS$21.3bUS$1.4b21x23.7x1.6x
Fri, 21 Jul 2023US$36.3bUS$21.2bUS$1.8b21.6x20x1.7x
Price to Earnings Ratio

20x


Total Market Cap: US$36.3bTotal Earnings: US$1.8bTotal Revenue: US$21.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Hotel and Resort REITs Industry Price to Earnings3Y Average 32.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Hotel and Resort REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 32.2x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have declined 13% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Hotel and Resort REITs compare with similar industries?

US Market-0.93%
Real Estate0.19%
REITS1.96%
Hotel and Resort REITs-1.33%
Diversified REITs1.96%
Industrial REITs1.18%
Healthcare REITs0.17%
Specialized REITs-0.11%
Retail REITs-0.25%
Residential REITs-1.10%
Office REITs-3.37%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SHO Sunstone Hotel InvestorsUS$11.301.1%
+US$22.4m		24.2%PB1.3x
SVC Service Properties TrustUS$8.861.8%
+US$20.7m		-36.5%PB2.3x
CLDT Chatham Lodging TrustUS$12.871.1%
+US$6.5m		74.6%PB0.8x
INN Summit Hotel PropertiesUS$6.580.5%
+US$3.1m		18.1%PB0.8x
IHT InnSuites Hospitality TrustUS$1.827.1%
+US$1.1m		-17.3%PB5.8x

Latest News

SVC
US$8.86
Service Properties Trust
7D
1.8%
1Y
-36.5%
RHP
US$124.36
Ryman Hospitality Properties
7D
-2.9%
1Y
19.8%
XHR
US$20.00
Xenia Hotels & Resorts
7D
-0.9%
1Y
50.8%
Narrative Update • Jul 11

XHR: RevPAR Trends And 2026 Outlook Will Shape Balanced Share Prospects

The analyst price target for Xenia Hotels & Resorts has increased from $16.40 to $19.40. Analysts highlight recent price target changes from $19 to $21 and from $16 to $21, supported by stronger RevPAR trends and estimate revisions.
IHT
US$1.82
InnSuites Hospitality Trust
7D
7.1%
1Y
-17.3%
RLJ
US$11.41
RLJ Lodging Trust
7D
-1.9%
1Y
46.5%
Narrative Update • Jul 10

RLJ: Urban Event Demand And Buybacks Will Drive Further Upside

Analysts have lifted the fair value estimate for RLJ Lodging Trust from $11.62 to $13.00, citing higher price targets across the Street in the $9 to $13 range, slightly adjusted revenue growth assumptions, improved profit margin expectations, a lower discount rate, and a reduced future P/E multiple. Analyst Commentary Recent research on RLJ Lodging Trust points to a cluster of higher fair value views, with price targets in the US$9 to US$13 range and generally constructive commentary around the company’s positioning, balance sheet, and management track record.
PK
US$14.18
Park Hotels & Resorts
7D
-0.8%
1Y
26.8%
Narrative Update • Jul 06

PK: Future Upside Will Depend On CapEx Roll-Off And Free Cash Flow

Analysts have lifted the implied fair value estimate for Park Hotels & Resorts from about $17.60 to roughly $19.40, citing a series of price target increases. These are supported by updated models that reflect revised revenue growth, profit margin assumptions, and ongoing but eventually moderating CapEx plans across recent research.
PEB
US$18.32
Pebblebrook Hotel Trust
7D
-1.8%
1Y
66.2%
Narrative Update • Jul 06

PEB: Index Inclusion And Higher Margins Will Likely Mask Overvaluation

Analysts have revised their fair value estimate for Pebblebrook Hotel Trust from $9.00 to $12.00, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E, which they view as better aligned with the stock's current risk and earnings profile. What’s in the News for Pebblebrook Hotel Trust Pebblebrook Hotel Trust was added to the Russell 2000 Defensive and Russell 2000 Value-Defensive indices, which may increase its visibility with institutional investors and index-tracking funds.
HST
US$23.07
Host Hotels & Resorts
7D
-1.2%
1Y
41.3%
Narrative Update • Jul 02

HST: Strong RevPAR Trends Are Expected To Support Higher Future P/E

Host Hotels & Resorts' analyst price target has shifted higher to $28.00 from $25.52, reflecting analysts' updated views around stronger than expected RevPAR trends, refreshed lodging REIT models following recent earnings and conference updates, and generally low expectations that leave room for potential upside, even as World Cup related demand remains uncertain. Analyst Commentary Recent Street research around Host Hotels & Resorts highlights a cluster of upward price target revisions, with bullish analysts pointing to RevPAR trends, refreshed lodging REIT models and low starting expectations as key supports for their views on the stock.
INN
US$6.58
Summit Hotel Properties
7D
0.5%
1Y
18.1%
Narrative Update • Jul 02

INN: 2026 Outlook Will Hinge On Buybacks Despite Persistent Losses

Analysts have lifted the price target on Summit Hotel Properties by $1 to $7, citing updated lodging REIT models following Q1 earnings, refreshed guidance, and recent commentary from the NAREIT REIT Week conference. What’s in the News for Summit Hotel Properties Summit Hotel Properties was added to the Russell 2000 Defensive Index, according to index constituent updates.
SHO
US$11.30
Sunstone Hotel Investors
7D
1.1%
1Y
24.2%
Seeking Alpha • Jun 30

Sunstone Hotel Investors: A Quality Portfolio, But The Yield Does Not Compensate For The Risk

Summary Sunstone Hotel Investors holds ~$3B in total assets, ~$950M in debt, and ~$986M in revenue; a portfolio of 14 hotels (~7,000 rooms). Common stock trades at a premium (P/B of 1.33) with a forward AFFO yield of only ~6.1%. Strong balance sheet: asset coverage ratio ~317% (market-adjusted ~383%), with zero secured debt. Preferreds offer a current yield of roughly 6.7–7.0% but carry a sub-investment-grade rating (~Ba1). Read the full article on Seeking Alpha
DRH
US$11.88
DiamondRock Hospitality
7D
-0.3%
1Y
45.6%
CLDT
US$12.87
Chatham Lodging Trust
7D
1.1%
1Y
74.6%
Seeking Alpha • Jun 24

Chatham Lodging Trust: Strong Results, But Hotel REIT Sector Remains Risky

Summary Chatham Lodging Trust delivered strong Q1 2026 results, prompting a 15% increase in full-year guidance and a 45% surge in its common stock price. CLDT's asset yield is 6.95% with an asset coverage ratio of 280%, but its sector's cyclical nature heightens risk. Management's capital recycling — selling older hotels for higher-margin properties — has improved EBITDA margins from 27% to 42%. Despite attractive yields, credit analysis using Moody's methodology results in a Ba2 rating for CLDT and B1 for its preferred, leading to a "Hold" stance. Read the full article on Seeking Alpha
APLE
US$16.37
Apple Hospitality REIT
7D
-1.3%
1Y
30.3%
Narrative Update • Jun 23

APLE: RevPAR Strength And Dividend Yield Will Shape Future World Cup Upside

Analysts have modestly raised the implied fair value estimate for Apple Hospitality REIT to $15.50 from $14.44. This reflects updated assumptions for slightly higher revenue growth, a marginally higher discount rate, a small uplift in profit margins, and a revised future P/E framework that aligns with recent sector price target moves in the $16 to $17 range.
AHT
US$3.21
Ashford Hospitality Trust
7D
0.6%
1Y
-54.2%