People, Platform, Portfolio
Our goal is to generate best-in-class EBITDA growth to drive robust, long-term risk-adjusted returns for our stockholders. We believe our three pillars are the key to achieving our strategic objectives.
Geographically Diverse Portfolio
With a focus on luxury and upper upscale hotels—including some of the most well-known hotels—we have a geographically diverse portfolio of high-quality assets in attractive markets across the United States.
42,900
Rooms*
21
Top U.S. Markets*
Size, Scale and Reputation
We are the largest third-party owner of Marriott and Hyatt hotels, with an unrivaled access to data and business intelligence. We have an industry-leading corporate responsibility program that has delivered measurable results and values an inclusive workplace culture.
S&P 500
Company
$15.6 Billion
Enterprise Value**
Strong Balance Sheet
We maintain a strong and flexible capital structure that allows us to better execute our strategy throughout all phases of the lodging cycle.
Investment Grade
Only Lodging REIT
$2.3 Billion
Available Liquidity Position***
*Data as of July 30, 2025.
**Based on market cap as of June 30, 2025.
***Data as of June 30, 2025. Includes approximately $279 million of furniture, fixture and equipment reserves and $1.5 billion available under our credit facility revolver.
