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Hotel REITs

The 15 companies in this industry listed on the NYSE and Nasdaq are worth $45 bn combined; the largest are Host Hotels & Resorts (HST), Ryman Hospitality Properties (RHP) and Apple Hospitality REIT (APLE). For each one: what it does, revenue, margin, free cash flow over the last five years and a score from 0 to 10.

Data as of October 2026

Open contest
15 companies value 45 bn revenue 24 bn margin — free cash flow — avg. score 3.4
HST holds 36.9% of the group's value, 2.1x the runner-up
Rank Ticker Company Share Value Revenue Margin FCF 5 years FCF/px Yield What it does · why it is here
1 HST Host Hotels & Resorts
United States · score 6.7
37% 17 bn 6.2 bn 16.5% 1.3 bn 8.0% 3.9% Largest listed luxury hotel REIT · Largest US hotel REIT, with premium-brand hotels
2 RHP Ryman Hospitality Properties
United States · score 4.9
18% 8.0 bn 2.7 bn 9.9% 0.3 bn 3.4% 3.7% REIT of Gaylord convention hotels and the Opry · Large convention hotels and country music entertainment in Nashville
3 APLE Apple Hospitality REIT
United States · score 6.6
9% 4.1 bn 1.4 bn 12.2% 0.3 bn 7.1% 5.6% REIT of branded hotels · Marriott- and Hilton-branded hotels; monthly dividend
4 PK Park Hotels & Resorts
United States · score 1.8
7% 3.2 bn 2.5 bn -6.4% 0.1 bn 2.5% 6.1% REIT of large hotels · Spun off from Hilton; a portfolio of luxury and upper-upscale hotels
5 DRH DiamondRock Hospitality Co
United States · score 6.0
6% 2.8 bn 1.1 bn 13.5% 0.2 bn 5.9% 2.8% REIT of premium hotels and resorts · Maryland — assets of $3.1bn
6 PEB Pebblebrook Hotel Trust
United States · score 3.3
5% 2.3 bn 1.5 bn -3.1% 0.2 bn 9.1% 0.2% REIT of big-city hotels and destination resorts · Maryland — assets of $5.3bn
7 SHO Sunstone Hotel Investors, Inc.
United States · score 5.3
5% 2.2 bn 1.0 bn 5.3% 0.1 bn 4.4% 3.8% Upscale hotel REIT · California — assets of $3bn
8 RLJ RLJ Lodging Trust
United States · score 5.1
4% 1.8 bn 1.4 bn 2.0% 0.2 bn 9.7% 5.1% REIT of focused-service hotels in high-demand locations · Maryland — assets of $5.2bn
9 XHR Xenia Hotels & Resorts, Inc.
United States · score 2.3
4% 1.8 bn 1.1 bn -0.7% 0.1 bn 6.5% 0.0% REIT of luxury hotels and resorts in the 25 largest US markets · Florida — assets of $2.7bn
10 SVC Service Properties Trust
United States · score 0.0
2% 0.8 bn 1.7 bn -25.4% -0.1 bn -9.2% 1.5% REIT of hotels and service-oriented properties · Massachusetts — assets of $5.8bn
11 INN Summit Hotel Properties, Inc.
United States · score 3.4
2% 0.7 bn 0.7 bn -1.4% 0.1 bn 13.0% 5.3% Hotel REIT, organized in 2010 · Texas — assets of $2.7bn
12 CLDT Chatham Lodging Trust
United States · score 5.7
2% 0.7 bn 0.3 bn 4.0% 0.1 bn 11.8% 2.9% Extended-stay hotel REIT · Florida — assets of $1.2bn
13 BHR Braemar Hotels & Resorts Inc.
United States · score 0.0
0% 0.1 bn 0.7 bn -0.5% -0.0 bn -17.9% 43.2% REIT of luxury hotels and resorts, since 2013 · Texas — assets of $1.7bn
14 AHT ASHFORD HOSPITALITY TRUST INC
United States · score 0.0
0% 0.0 bn 1.1 bn -6.1% -0.1 bn -453.1% 103.7% Hotel REIT · Texas — assets of $2.3bn
15 IHT INNSUITES HOSPITALITY TRUST
United States · score 0.0
0% 0.0 bn 0.0 bn -15.3% 0.0 bn -2.3% 1.5% Hotels and investment in clean power generation · Arizona — assets of $14m

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What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.

The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.

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