20-quarter listed-company comparison

Lodging Stocks

Lodging: Marriott International, Inc. owns the largest revenue base; Hilton Worldwide Holdings Inc. has the fastest current growth.

The industry itself · before any single company

How has Lodging moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 17% ahead of S&P 500. Earnings across its companies grew 17% on average over the last four reported quarters.

TURNING · ahead 1w✓Price and the fundamentals both up5 of 9 companies ahead of S&P 500 by 5% or more over three months

RS ↑1w · 6/9 >200d (−1) · 5/9 lead (+3) · EPS 7/9↑

Lodging, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Strength anatomy Broadening down the ladderHow much of the industry is participating, how recently, and whether the movers score well.

Together5 of 9 stocks moving

Fresh3 crossed in the last 4 weeks

Backed by scoresmovers score −0 vs the industry average

Down the cap ladder — bar is now, tick is four weeks ago

Large 1/2+1

Mid 2/30

Small 2/4+2

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 9 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Lodging outperforming S&P 500?

Lodging has underperformed S&P 500 by 3.5% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 0.4%. 6 of 7 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is broad. Civeo Corporation is the strongest against the sector itself at +21.2%.

-0.4%Sector vs S&P 500 · 13 weeks

-3.5%Sector vs S&P 500 · 52 weeks

6/7Stocks leading S&P 500

6/7Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Lodging has underperformed S&P 500 by 3.5% over 52 weeks and 0.4% over 13 weeks. 6 of 7 covered companies beat the S&P 500 on Mansfield relative strength, while 6 of 7 beat the sector itself. Marriott International, Inc. leads with revenue of $26,577 million, based on 5 of 7 comparable companies through Mar 2026.

Is the Lodging sector outperforming S&P 500?

Lodging has underperformed S&P 500 by 3.5% over 52 weeks and 0.4% over 13 weeks. 6 of 7 covered companies beat the S&P 500 on Mansfield relative strength, while 6 of 7 beat the sector itself.

Which Lodging company is largest by revenue?

Marriott International, Inc. leads with revenue of $26,577 million, based on 5 of 7 comparable companies through Mar 2026.

Which Lodging company is growing fastest?

Hilton Worldwide Holdings Inc. has the fastest current revenue growth at 8.7%, across 5 of 7 comparable companies.

Which Lodging company has the strongest 4-Factor Sector Score?

Hilton Worldwide Holdings Inc. ranks first at 55.3/100 with 76.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Lodging company reports the most CAPEX?

Marriott International, Inc. reports the largest latest CAPEX at $130 million, with 7 of 7 companies comparable.

Which Lodging company has the least gross debt?

Civeo Corporation has the lowest comparable gross debt at $226 million. Marriott International, Inc. has the highest at $17,406 million.

Which Lodging company has the lowest comparable PEG?

Hilton Worldwide Holdings Inc. has the lowest comparable Guarded PEG at 0.78, among 3 of 7 companies that pass the metric’s comparability rules.

How much history does this Lodging comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies

complete canonical membership

Combined market value

$226.5B

Marriott International, Inc.

Revenue growing

5/5

positive TTM year-on-year growth

Beating S&P 500

6/7

positive Mansfield relative strength

Global company selection

00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Hilton Worldwide Holdings Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 76.3% evidence confidence.

Choice Hotels International, Inc. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

Marriott International, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Hilton Worldwide Holdings Inc. · HLT

55.3/100 · Mixed-positive evidence · 76% evidence

Exact sum: 20.6 + 15 + 13.3 + 6.4 = 55.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.6/35Growth & earnings

Revenue 8.7% · PAT -1.7% · OPM change 3.2 pp

83% evidence

15.0/25Capital efficiency

ROCE 5.9% · debt/equity —

57% evidence

13.3/20Valuation

P/E 46.4× · PEG 0.78

65% evidence

6.4/20Relative strength

RS sector 2% · RS bench 0.7% · 1Y 23.6%

100% evidence

2. Civeo Corporation · CVEO

55.2/100 · Thin evidence · provisional · 59% evidence

Exact sum: 20.4 + 6.8 + 11 + 17 = 55.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.4/35Growth & earnings

Revenue 1.2% · PAT — · OPM change 5.6 pp

62% evidence

6.8/25Capital efficiency

ROCE 0.8% · debt/equity 1.4×

80% evidence

11.0/20Valuation

P/E 19.6× · PEG —

15% evidence

17.0/20Relative strength

RS sector 21.2% · RS bench 19.6% · 1Y 44.6%

70% evidence

3. Marriott International, Inc. · MAR

45.2/100 · Mixed-negative evidence · 82% evidence

Exact sum: 15.8 + 10.3 + 4 + 15.1 = 45.2

Decision use: Price leads the evidence: RS versus the benchmark is 11.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

15.8/35Growth & earnings

Revenue 4.7% · PAT 4.4% · OPM change 0.9 pp

83% evidence

10.3/25Capital efficiency

ROCE 5.6% · debt/equity 83.44×

80% evidence

4.0/20Valuation

P/E 34.3× · PEG 4.02

65% evidence

15.1/20Relative strength

RS sector 12.7% · RS bench 11.2% · 1Y 50.2%

100% evidence

4. Hyatt Hotels Corporation · H

43.3/100 · Mixed-negative evidence · 72% evidence

Exact sum: 12.1 + 5.5 + 9.5 + 16.2 = 43.3

Decision use: Price leads the evidence: RS versus the benchmark is 8.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

12.1/35Growth & earnings

Revenue 7.2% · PAT -108.5% · OPM change 0.8 pp

83% evidence

5.5/25Capital efficiency

ROCE 1.1% · debt/equity 26.71×

80% evidence

9.5/20Valuation

P/E 33.2× · PEG —

15% evidence

16.2/20Relative strength

RS sector 10.3% · RS bench 8.9% · 1Y 37.3%

100% evidence

5. Wyndham Hotels & Resorts, Inc. · WH

40.6/100 · Thin evidence · provisional · 59% evidence

Exact sum: 17 + 12.6 + 10 + 1 = 40.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.0/35Growth & earnings

Revenue — · PAT — · OPM change -0.5 pp

45% evidence

12.6/25Capital efficiency

ROCE 4.5% · debt/equity 5.57×

80% evidence

10.0/20Valuation

P/E 31× · PEG —

15% evidence

1.0/20Relative strength

RS sector -10.5% · RS bench -11.7% · 1Y -9.7%

100% evidence

6. Choice Hotels International, Inc. · CHH

40.2/100 · Mixed-negative evidence · 82% evidence

Exact sum: 5 + 9.8 + 14.7 + 10.7 = 40.2

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

5.0/35Growth & earnings

Revenue 1.1% · PAT -30.3% · OPM change -6.4 pp

83% evidence

9.8/25Capital efficiency

ROCE 2.6% · debt/equity 15.4×

80% evidence

14.7/20Valuation

P/E 13.9× · PEG 1.05

65% evidence

10.7/20Relative strength

RS sector 1.9% · RS bench 0.5% · 1Y -9%

100% evidence

7. InterContinental Hotels Group PLC · IHG

56.4/100 · Thin evidence · provisional · 35% evidence

Exact sum: 17.4 + 14.6 + 10.5 + 13.9 = 56.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.4/35Growth & earnings

Revenue — · PAT — · OPM change —

9% evidence

14.6/25Capital efficiency

ROCE 9.5% · debt/equity —

34% evidence

10.5/20Valuation

P/E 28.9× · PEG —

15% evidence

13.9/20Relative strength

RS sector 10% · RS bench 8.6% · 1Y 41.4%

100% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Marriott International, Inc. has the highest Revenue among the 7 Lodging companies compared here, at $26,577 million. Hilton Worldwide Holdings Inc. is next at $12,281 million. Hilton Worldwide Holdings Inc. has the highest Revenue growth at 8.7%, so level and change sit with different companies. 5 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Marriott International, Inc. is the scale leader at $26,577 million, 116.4% ahead of Hilton Worldwide Holdings Inc.. Hilton Worldwide Holdings Inc.'s growth is 8.7% from a $12,281 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderMarriott International, Inc. · $26,577 million

Gap116.4% versus #2 · Hilton Worldwide Holdings Inc.

Persistence8/8 recent comparable periods

Coverage5/7 companies · 123 observations

Investor read: Marriott International, Inc. is the scale benchmark; Hilton Worldwide Holdings Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Marriott International, Inc.'s growth falls below Hilton Worldwide Holdings Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenuelargest

1Marriott International, Inc. MAR$26.6B

2Hilton Worldwide Holdings Inc. HLT$12.3B

3Hyatt Hotels Corporation H$7.1B

4Choice Hotels International, Inc. CHH$1.6B

5Civeo Corporation CVEO$668M

Revenue growthfastest growers

1Hilton Worldwide Holdings Inc. HLT8.7%

2Hyatt Hotels Corporation H7.2%

3Marriott International, Inc. MAR4.7%

4Civeo Corporation CVEO1.2%

5Choice Hotels International, Inc. CHH1.1%

Revenue · company comparison

5/7 level · 5/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
Marriott International, Inc. MAR	$6.7B	6.2%	Mar 2026
Hilton Worldwide Holdings Inc. HLT	$2.9B	9.0%	Mar 2026
InterContinental Hotels Group PLC IHG	$2.7B	2.7%	Dec 2025
Hyatt Hotels Corporation H	$1.7B	1.8%	Mar 2026
Choice Hotels International, Inc. CHH	$341M	2.4%	Mar 2026
Wyndham Hotels & Resorts, Inc. WH	$327M	3.5%	Jun 2026
Civeo Corporation CVEO	$173M	20%	Mar 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021$323M

Dec 2021$285M

Mar 2022$258M

Jun 2022$368M

Sep 2022$414M

Dec 2022$362M

Mar 2023$333M

Jun 2023$427M

Sep 2023$426M

Dec 2023$358M

Mar 2024$332M

Jun 2024$435M

Sep 2024$428M

Dec 2024$390M

Mar 2025$333M

Jun 2025$426M

Sep 2025$447M

Dec 2025$390M

Mar 2026$341M

Jun 2026—

Civeo Corporation · CVEO

Sep 2021$155M

Dec 2021$160M

Mar 2022$166M

Jun 2022$185M

Sep 2022$184M

Dec 2022$162M

Mar 2023$168M

Jun 2023$179M

Sep 2023$184M

Dec 2023$171M

Mar 2024$166M

Jun 2024$189M

Sep 2024$176M

Dec 2024$151M

Mar 2025$144M

Jun 2025$163M

Sep 2025$170M

Dec 2025$162M

Mar 2026$173M

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021$1.7B

Dec 2021$1.8B

Mar 2022$1.7B

Jun 2022$2.2B

Sep 2022$2.4B

Dec 2022$2.4B

Mar 2023$2.3B

Jun 2023$2.7B

Sep 2023$2.7B

Dec 2023$2.6B

Mar 2024$2.6B

Jun 2024$3.0B

Sep 2024$2.9B

Dec 2024$2.8B

Mar 2025$2.7B

Jun 2025$3.1B

Sep 2025$3.1B

Dec 2025$3.1B

Mar 2026$2.9B

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021$851M

Dec 2021$1.1B

Mar 2022$1.3B

Jun 2022$1.5B

Sep 2022$1.5B

Dec 2022$1.6B

Mar 2023$1.7B

Jun 2023$1.7B

Sep 2023$1.6B

Dec 2023$1.7B

Mar 2024$1.7B

Jun 2024$1.7B

Sep 2024$1.6B

Dec 2024$1.6B

Mar 2025$1.7B

Jun 2025$1.8B

Sep 2025$1.8B

Dec 2025$1.8B

Mar 2026$1.7B

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 2021$816M

Mar 2022—

Jun 2022$1.8B

Sep 2022—

Dec 2022$1.0B

Mar 2023—

Jun 2023$2.2B

Sep 2023—

Dec 2023$2.4B

Mar 2024—

Jun 2024$2.3B

Sep 2024—

Dec 2024$2.6B

Mar 2025—

Jun 2025$2.5B

Sep 2025—

Dec 2025$2.7B

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021$3.9B

Dec 2021$4.4B

Mar 2022$4.2B

Jun 2022$5.3B

Sep 2022$5.3B

Dec 2022$5.9B

Mar 2023$5.6B

Jun 2023$6.1B

Sep 2023$5.9B

Dec 2023$6.1B

Mar 2024$6.0B

Jun 2024$6.4B

Sep 2024$6.3B

Dec 2024$6.4B

Mar 2025$6.3B

Jun 2025$6.7B

Sep 2025$6.5B

Dec 2025$6.7B

Mar 2026$6.7B

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021$463M

Dec 2021$392M

Mar 2022$371M

Jun 2022$386M

Sep 2022$407M

Dec 2022$334M

Mar 2023$313M

Jun 2023$362M

Sep 2023$402M

Dec 2023$321M

Mar 2024$305M

Jun 2024$367M

Sep 2024$396M

Dec 2024$341M

Mar 2025$316M

Jun 2025$397M

Sep 2025$382M

Dec 2025$334M

Mar 2026$327M

Jun 2026—

Revenue growth · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202232%

Sep 202228%

Dec 202227%

Mar 202329%

Jun 202316%

Sep 20232.9%

Dec 2023-1.1%

Mar 2024-0.3%

Jun 20241.9%

Sep 20240.5%

Dec 20248.9%

Mar 20250.3%

Jun 2025-2.1%

Sep 20254.4%

Dec 20250.0%

Mar 20262.4%

Jun 2026—

Civeo Corporation · CVEO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202220%

Sep 202219%

Dec 20221.3%

Mar 20231.2%

Jun 2023-3.2%

Sep 20230.0%

Dec 20235.6%

Mar 2024-1.2%

Jun 20245.6%

Sep 2024-4.4%

Dec 2024-12%

Mar 2025-13%

Jun 2025-14%

Sep 2025-3.4%

Dec 20257.3%

Mar 202620%

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202269%

Sep 202235%

Dec 202233%

Mar 202333%

Jun 202319%

Sep 202313%

Dec 20236.8%

Mar 202412%

Jun 202411%

Sep 20247.3%

Dec 20246.7%

Mar 20254.7%

Jun 20256.3%

Sep 20258.8%

Dec 202511%

Mar 20269.0%

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022124%

Sep 202281%

Dec 202248%

Mar 202331%

Jun 202315%

Sep 20235.3%

Dec 20234.5%

Mar 20242.0%

Jun 2024-0.1%

Sep 20240.4%

Dec 2024-3.5%

Mar 20250.2%

Jun 20256.2%

Sep 20259.6%

Dec 202512%

Mar 20261.8%

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 2021-29%

Mar 2022—

Jun 202252%

Sep 2022—

Dec 202223%

Mar 2023—

Jun 202324%

Sep 2023—

Dec 2023139%

Mar 2024—

Jun 20244.3%

Sep 2024—

Dec 20248.5%

Mar 2025—

Jun 20258.5%

Sep 2025—

Dec 20252.7%

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202270%

Sep 202235%

Dec 202233%

Mar 202334%

Jun 202314%

Sep 202312%

Dec 20232.9%

Mar 20246.5%

Jun 20246.0%

Sep 20245.5%

Dec 20245.5%

Mar 20254.8%

Jun 20254.7%

Sep 20253.7%

Dec 20254.1%

Mar 20266.2%

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-4.9%

Sep 2022-12%

Dec 2022-15%

Mar 2023-16%

Jun 2023-6.2%

Sep 2023-1.2%

Dec 2023-3.9%

Mar 2024-2.6%

Jun 20241.4%

Sep 2024-1.5%

Dec 20246.2%

Mar 20253.6%

Jun 20258.2%

Sep 2025-3.5%

Dec 2025-2.1%

Mar 20263.5%

Jun 2026—

02 · compare level, then change

Operating Economics & Margin Trend

Wyndham Hotels & Resorts, Inc. has the highest OPM among the 7 Lodging companies compared here, at 34.9%. Hilton Worldwide Holdings Inc. is next at 23.1%. Civeo Corporation has the highest Margin change at +5.6 percentage points, so level and change sit with different companies. 6 of 7 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Wyndham Hotels & Resorts, Inc. leads opm at 34.9%; Civeo Corporation leads margin change at +5.6 percentage points.

LeaderWyndham Hotels & Resorts, Inc. · 34.9%

Gap51.1% versus #2 · Hilton Worldwide Holdings Inc.

Persistence5/8 recent comparable periods

Coverage6/7 companies · 114 observations

Investor read: Wyndham Hotels & Resorts, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

OPMhighest

1Wyndham Hotels & Resorts, Inc. WH35%

2Hilton Worldwide Holdings Inc. HLT23%

3Choice Hotels International, Inc. CHH18%

4Marriott International, Inc. MAR16%

5Hyatt Hotels Corporation H6.8%

Margin changefastest expanders

1Civeo Corporation CVEO+5.6 pp

2Hilton Worldwide Holdings Inc. HLT+3.2 pp

3Marriott International, Inc. MAR+0.9 pp

4Hyatt Hotels Corporation H+0.8 pp

5Wyndham Hotels & Resorts, Inc. WH−0.5 pp

Operating margin · company comparison

6/7 level · 6/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	OPM	Margin change	Reported
Wyndham Hotels & Resorts, Inc. WH	35%	−0.5 pp	Jun 2026
Hilton Worldwide Holdings Inc. HLT	23%	+3.2 pp	Mar 2026
Choice Hotels International, Inc. CHH	18%	−6.4 pp	Mar 2026
Marriott International, Inc. MAR	16%	+0.9 pp	Mar 2026
Hyatt Hotels Corporation H	6.8%	+0.8 pp	Mar 2026
Civeo Corporation CVEO	1.8%	+5.6 pp	Mar 2026

Full 20-quarter history · every available company

OPM · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 202149%

Dec 202138%

Mar 202239%

Jun 202242%

Sep 202232%

Dec 202221%

Mar 202323%

Jun 202329%

Sep 202332%

Dec 202340%

Mar 202418%

Jun 202431%

Sep 202436%

Dec 202431%

Mar 202524%

Jun 202529%

Sep 202532%

Dec 202526%

Mar 202618%

Jun 2026—

Civeo Corporation · CVEO

Sep 20213.9%

Dec 20214.9%

Mar 20222.6%

Jun 20227.7%

Sep 20225.9%

Dec 2022-7.6%

Mar 2023-2.3%

Jun 20235.7%

Sep 20238.7%

Dec 202310%

Mar 2024-1.1%

Jun 20246.9%

Sep 20240.0%

Dec 2024-6.7%

Mar 2025-3.8%

Jun 20251.7%

Sep 20254.1%

Dec 2025-0.1%

Mar 20261.8%

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 202125%

Dec 202118%

Mar 202221%

Jun 202227%

Sep 202226%

Dec 202221%

Mar 202322%

Jun 202325%

Sep 202324%

Dec 202315%

Mar 202421%

Jun 202425%

Sep 202422%

Dec 202418%

Mar 202520%

Jun 202525%

Sep 202525%

Dec 202520%

Mar 202623%

Jun 2026—

Hyatt Hotels Corporation · H

Sep 20210.8%

Dec 2021-3.1%

Mar 2022-33%

Jun 202212%

Sep 20229.4%

Dec 202215%

Mar 20234.5%

Jun 20236.0%

Sep 20236.5%

Dec 20230.7%

Mar 20242.3%

Jun 20248.8%

Sep 20246.4%

Dec 20245.0%

Mar 20256.0%

Jun 20253.2%

Sep 20255.5%

Dec 20255.0%

Mar 20266.8%

Jun 2026—

Marriott International, Inc. · MAR

Sep 202114%

Dec 202114%

Mar 202213%

Jun 202218%

Sep 202218%

Dec 202217%

Mar 202317%

Jun 202318%

Sep 202319%

Dec 202312%

Mar 202415%

Jun 202419%

Sep 202415%

Dec 202412%

Mar 202515%

Jun 202518%

Sep 202518%

Dec 202512%

Mar 202616%

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 202135%

Dec 202122%

Mar 202243%

Jun 202238%

Sep 202239%

Dec 202228%

Mar 202336%

Jun 202334%

Sep 202341%

Dec 202332%

Mar 202416%

Jun 202440%

Sep 202443%

Dec 202438%

Mar 202535%

Jun 202538%

Sep 202547%

Dec 2025-11%

Mar 202635%

Jun 2026—

Margin change · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−0.9 pp

Sep 2022−17.4 pp

Dec 2022−16.3 pp

Mar 2023−15.2 pp

Jun 2023−12.8 pp

Sep 2023−0.1 pp

Dec 2023+18.9 pp

Mar 2024−5.3 pp

Jun 2024+1.4 pp

Sep 2024+3.8 pp

Dec 2024−9.6 pp

Mar 2025+5.9 pp

Jun 2025−1.3 pp

Sep 2025−3.7 pp

Dec 2025−4.6 pp

Mar 2026−6.4 pp

Jun 2026—

Civeo Corporation · CVEO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+6.3 pp

Sep 2022+2.0 pp

Dec 2022−12.5 pp

Mar 2023−4.9 pp

Jun 2023−2.0 pp

Sep 2023+2.8 pp

Dec 2023+17.7 pp

Mar 2024+1.2 pp

Jun 2024+1.2 pp

Sep 2024−8.7 pp

Dec 2024−16.8 pp

Mar 2025−2.7 pp

Jun 2025−5.2 pp

Sep 2025+4.1 pp

Dec 2025+6.6 pp

Mar 2026+5.6 pp

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+9.8 pp

Sep 2022+1.6 pp

Dec 2022+2.5 pp

Mar 2023+0.3 pp

Jun 2023−1.4 pp

Sep 2023−1.9 pp

Dec 2023−5.3 pp

Mar 2024−1.0 pp

Jun 2024−0.7 pp

Sep 2024−2.7 pp

Dec 2024+2.3 pp

Mar 2025−0.8 pp

Jun 2025+0.2 pp

Sep 2025+3.2 pp

Dec 2025+1.9 pp

Mar 2026+3.2 pp

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+22.1 pp

Sep 2022+8.6 pp

Dec 2022+17.6 pp

Mar 2023+37.6 pp

Jun 2023−5.5 pp

Sep 2023−2.9 pp

Dec 2023−13.8 pp

Mar 2024−2.2 pp

Jun 2024+2.8 pp

Sep 2024−0.1 pp

Dec 2024+4.3 pp

Mar 2025+3.7 pp

Jun 2025−5.6 pp

Sep 2025−0.9 pp

Dec 20250.0 pp

Mar 2026+0.8 pp

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+2.4 pp

Sep 2022+4.2 pp

Dec 2022+2.5 pp

Mar 2023+3.6 pp

Jun 2023+0.2 pp

Sep 2023+0.5 pp

Dec 2023−5.0 pp

Mar 2024−2.2 pp

Jun 2024+0.6 pp

Sep 2024−3.4 pp

Dec 2024−0.1 pp

Mar 2025+0.4 pp

Jun 2025−0.3 pp

Sep 2025+3.1 pp

Dec 2025−0.1 pp

Mar 2026+0.9 pp

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+4.8 pp

Sep 2022+4.5 pp

Dec 2022+5.4 pp

Mar 2023−7.0 pp

Jun 2023−3.6 pp

Sep 2023+1.2 pp

Dec 2023+4.6 pp

Mar 2024−19.7 pp

Jun 2024+5.5 pp

Sep 2024+2.7 pp

Dec 2024+5.4 pp

Mar 2025+19.0 pp

Jun 2025−1.7 pp

Sep 2025+3.4 pp

Dec 2025−48.6 pp

Mar 2026−0.5 pp

Jun 2026—

03 · compare level, then change

Profit Scale & Acceleration

Marriott International, Inc. has the highest Net profit among the 7 Lodging companies compared here, at $2,584 million. Hilton Worldwide Holdings Inc. is next at $1,544 million. The same company also holds the highest Profit growth, at 4.4%. 5 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Marriott International, Inc. leads with $2,584 million of TTM profit, 67.4% above Hilton Worldwide Holdings Inc.. Marriott International, Inc. shows 4.4% growth from a $2,584 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderMarriott International, Inc. · $2,584 million

Gap67.4% versus #2 · Hilton Worldwide Holdings Inc.

Persistence3/8 recent comparable periods

Coverage5/7 companies · 123 observations

Investor read: Marriott International, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profitlargest

1Marriott International, Inc. MAR$2.6B

2Hilton Worldwide Holdings Inc. HLT$1.5B

3Choice Hotels International, Inc. CHH$264M

4Civeo Corporation CVEO$-13M

5Hyatt Hotels Corporation H$-59M

Profit growthfastest growers

1Marriott International, Inc. MAR4.4%

2Hilton Worldwide Holdings Inc. HLT-1.7%

3Choice Hotels International, Inc. CHH-30%

4Hyatt Hotels Corporation H-109%

Net profit · company comparison

5/7 level · 4/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Net profit	Profit growth	Reported
Marriott International, Inc. MAR	$648M	-2.6%	Mar 2026
Hilton Worldwide Holdings Inc. HLT	$383M	28%	Mar 2026
InterContinental Hotels Group PLC IHG	$290M	3.2%	Dec 2025
Wyndham Hotels & Resorts, Inc. WH	$61M	0.0%	Jun 2026
Hyatt Hotels Corporation H	$41M	71%	Mar 2026
Choice Hotels International, Inc. CHH	$34M	-26%	Mar 2026
Civeo Corporation CVEO	$-4M	-143%	Mar 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021$111M

Dec 2021$89M

Mar 2022$70M

Jun 2022$117M

Sep 2022$106M

Dec 2022$50M

Mar 2023$49M

Jun 2023$80M

Sep 2023$91M

Dec 2023$118M

Mar 2024$34M

Jun 2024$76M

Sep 2024$90M

Dec 2024$167M

Mar 2025$46M

Jun 2025$71M

Sep 2025$-4M

Dec 2025$163M

Mar 2026$34M

Jun 2026—

Civeo Corporation · CVEO

Sep 2021$1M

Dec 2021$11M

Mar 2022$2M

Jun 2022$10M

Sep 2022$6M

Dec 2022$-12M

Mar 2023$-6M

Jun 2023$4M

Sep 2023$9M

Dec 2023$23M

Mar 2024$-5M

Jun 2024$7M

Sep 2024$-5M

Dec 2024$-15M

Mar 2025$-10M

Jun 2025$-3M

Sep 2025$0M

Dec 2025$-6M

Mar 2026$-4M

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021$240M

Dec 2021$148M

Mar 2022$211M

Jun 2022$367M

Sep 2022$346M

Dec 2022$333M

Mar 2023$209M

Jun 2023$413M

Sep 2023$379M

Dec 2023$150M

Mar 2024$268M

Jun 2024$422M

Sep 2024$344M

Dec 2024$505M

Mar 2025$300M

Jun 2025$442M

Sep 2025$421M

Dec 2025$298M

Mar 2026$383M

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021$120M

Dec 2021$-29M

Mar 2022$-73M

Jun 2022$206M

Sep 2022$28M

Dec 2022$294M

Mar 2023$58M

Jun 2023$68M

Sep 2023$68M

Dec 2023$26M

Mar 2024$522M

Jun 2024$359M

Sep 2024$471M

Dec 2024$-160M

Mar 2025$24M

Jun 2025$-4M

Sep 2025$-50M

Dec 2025$-46M

Mar 2026$41M

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 2021$217M

Mar 2022—

Jun 2022$216M

Sep 2022—

Dec 2022$160M

Mar 2023—

Jun 2023$459M

Sep 2023—

Dec 2023$291M

Mar 2024—

Jun 2024$347M

Sep 2024—

Dec 2024$281M

Mar 2025—

Jun 2025$469M

Sep 2025—

Dec 2025$290M

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021$220M

Dec 2021$468M

Mar 2022$377M

Jun 2022$678M

Sep 2022$630M

Dec 2022$673M

Mar 2023$757M

Jun 2023$726M

Sep 2023$752M

Dec 2023$848M

Mar 2024$564M

Jun 2024$772M

Sep 2024$584M

Dec 2024$455M

Mar 2025$665M

Jun 2025$763M

Sep 2025$728M

Dec 2025$445M

Mar 2026$648M

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021$103M

Dec 2021$49M

Mar 2022$106M

Jun 2022$92M

Sep 2022$101M

Dec 2022$56M

Mar 2023$67M

Jun 2023$70M

Sep 2023$103M

Dec 2023$49M

Mar 2024$16M

Jun 2024$86M

Sep 2024$102M

Dec 2024$85M

Mar 2025$61M

Jun 2025$87M

Sep 2025$105M

Dec 2025$-60M

Mar 2026$61M

Jun 2026—

Profit growth · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202248%

Sep 2022-4.5%

Dec 2022-44%

Mar 2023-30%

Jun 2023-32%

Sep 2023-14%

Dec 2023136%

Mar 2024-31%

Jun 2024-5.0%

Sep 2024-1.1%

Dec 202442%

Mar 202535%

Jun 2025-6.6%

Sep 2025-104%

Dec 2025-2.4%

Mar 2026-26%

Jun 2026—

Civeo Corporation · CVEO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022500%

Dec 2022-209%

Mar 2023-400%

Jun 2023-60%

Sep 202350%

Dec 2023—

Mar 2024—

Jun 202475%

Sep 2024-156%

Dec 2024-165%

Mar 2025—

Jun 2025-143%

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022187%

Sep 202244%

Dec 2022125%

Mar 2023-1.0%

Jun 202313%

Sep 20239.5%

Dec 2023-55%

Mar 202428%

Jun 20242.2%

Sep 2024-9.2%

Dec 2024237%

Mar 202512%

Jun 20254.7%

Sep 202522%

Dec 2025-41%

Mar 202628%

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022-77%

Dec 2022—

Mar 2023—

Jun 2023-67%

Sep 2023143%

Dec 2023-91%

Mar 2024800%

Jun 2024428%

Sep 2024593%

Dec 2024-715%

Mar 2025-95%

Jun 2025-101%

Sep 2025-111%

Dec 2025—

Mar 202671%

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022350%

Sep 2022—

Dec 2022-26%

Mar 2023—

Jun 2023113%

Sep 2023—

Dec 202382%

Mar 2024—

Jun 2024-24%

Sep 2024—

Dec 2024-3.4%

Mar 2025—

Jun 202535%

Sep 2025—

Dec 20253.2%

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202261%

Sep 2022186%

Dec 202244%

Mar 2023101%

Jun 20237.1%

Sep 202319%

Dec 202326%

Mar 2024-26%

Jun 20246.3%

Sep 2024-22%

Dec 2024-46%

Mar 202518%

Jun 2025-1.2%

Sep 202525%

Dec 2025-2.2%

Mar 2026-2.6%

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202235%

Sep 2022-1.9%

Dec 202214%

Mar 2023-37%

Jun 2023-24%

Sep 20232.0%

Dec 2023-13%

Mar 2024-76%

Jun 202423%

Sep 2024-1.0%

Dec 202473%

Mar 2025281%

Jun 20251.2%

Sep 20252.9%

Dec 2025-171%

Mar 20260.0%

Jun 2026—

04 · compare level, then change

Capacity Spending & Returns On It

Marriott International, Inc. has the highest CAPEX among the 7 Lodging companies compared here, at $130 million. Choice Hotels International, Inc. is next at $27 million. Choice Hotels International, Inc. has the highest CAPEX intensity at 7.9%, so level and change sit with different companies. 7 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Marriott International, Inc. reports $130 million of CAPEX; Choice Hotels International, Inc. has the highest covered intensity at 7.9%. Coverage is only 7 of 7 companies and 122 reported observations, so this is partial evidence—not a complete sector rank.

LeaderMarriott International, Inc. · $130 million

Gap381.5% versus #2 · Choice Hotels International, Inc.

Persistence8/8 recent comparable periods

Coverage7/7 companies · 122 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.

CAPEXlargest spenders

1Marriott International, Inc. MAR$130M

2Choice Hotels International, Inc. CHH$27M

3Hyatt Hotels Corporation H$23M

4InterContinental Hotels Group PLC IHG · older report$17M

5Wyndham Hotels & Resorts, Inc. WH$14M

CAPEX intensityhighest reinvestment intensity

1Choice Hotels International, Inc. CHH7.9%

2Civeo Corporation CVEO2.3%

3Wyndham Hotels & Resorts, Inc. WH2.1%

4Marriott International, Inc. MAR2.0%

5Hyatt Hotels Corporation H1.3%

Capital expenditure · company comparison

7/7 level · 7/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	CAPEX	CAPEX intensity	Reported
Marriott International, Inc. MAR	$130M	2.0%	Mar 2026
Choice Hotels International, Inc. CHH	$27M	7.9%	Mar 2026
Hyatt Hotels Corporation H	$23M	1.3%	Mar 2026
InterContinental Hotels Group PLC IHG	$17M	0.6%	Dec 2025
Wyndham Hotels & Resorts, Inc. WH	$14M	2.1%	Jun 2026
Hilton Worldwide Holdings Inc. HLT	$9M	0.3%	Mar 2026
Civeo Corporation CVEO	$4M	2.3%	Mar 2026

Full 20-quarter history · every available company

CAPEX · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021$23M

Dec 2021$28M

Mar 2022$27M

Jun 2022$23M

Sep 2022$16M

Dec 2022—

Mar 2023$20M

Jun 2023$26M

Sep 2023—

Dec 2023$35M

Mar 2024$33M

Jun 2024$41M

Sep 2024$41M

Dec 2024$31M

Mar 2025$46M

Jun 2025$38M

Sep 2025$28M

Dec 2025$34M

Mar 2026$27M

Jun 2026—

Civeo Corporation · CVEO

Sep 2021$3M

Dec 2021$6M

Mar 2022$4M

Jun 2022$5M

Sep 2022$9M

Dec 2022$8M

Mar 2023$5M

Jun 2023$7M

Sep 2023$9M

Dec 2023$10M

Mar 2024$6M

Jun 2024$5M

Sep 2024$7M

Dec 2024$8M

Mar 2025$5M

Jun 2025$4M

Sep 2025$6M

Dec 2025$5M

Mar 2026$4M

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021$8M

Dec 2021$18M

Mar 2022$4M

Jun 2022$7M

Sep 2022$8M

Dec 2022$20M

Mar 2023$44M

Jun 2023$30M

Sep 2023$35M

Dec 2023$42M

Mar 2024$16M

Jun 2024$15M

Sep 2024$17M

Dec 2024$48M

Mar 2025$19M

Jun 2025$23M

Sep 2025$29M

Dec 2025$30M

Mar 2026$9M

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021$28M

Dec 2021$46M

Mar 2022$43M

Jun 2022$61M

Sep 2022$38M

Dec 2022$59M

Mar 2023$30M

Jun 2023$50M

Sep 2023$54M

Dec 2023$64M

Mar 2024$34M

Jun 2024$42M

Sep 2024$43M

Dec 2024$51M

Mar 2025$30M

Jun 2025$44M

Sep 2025$69M

Dec 2025$77M

Mar 2026$23M

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 2021$14M

Mar 2022—

Jun 2022$12M

Sep 2022—

Dec 2022$42M

Mar 2023—

Jun 2023$11M

Sep 2023—

Dec 2023$17M

Mar 2024—

Jun 2024$14M

Sep 2024—

Dec 2024$15M

Mar 2025—

Jun 2025$11M

Sep 2025—

Dec 2025$17M

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021$44M

Dec 2021$69M

Mar 2022$49M

Jun 2022$70M

Sep 2022$73M

Dec 2022$140M

Mar 2023$95M

Jun 2023$99M

Sep 2023$124M

Dec 2023$134M

Mar 2024$109M

Jun 2024$125M

Sep 2024$174M

Dec 2024$342M

Mar 2025$135M

Jun 2025$155M

Sep 2025$142M

Dec 2025$172M

Mar 2026$130M

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021$6M

Dec 2021$14M

Mar 2022$10M

Jun 2022$8M

Sep 2022$10M

Dec 2022$11M

Mar 2023$9M

Jun 2023$9M

Sep 2023$10M

Dec 2023$9M

Mar 2024$9M

Jun 2024$7M

Sep 2024$8M

Dec 2024$25M

Mar 2025$7M

Jun 2025$12M

Sep 2025$11M

Dec 2025$16M

Mar 2026$7M

Jun 2026$14M

CAPEX intensity · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 20217.1%

Dec 20219.8%

Mar 202211%

Jun 20226.3%

Sep 20223.9%

Dec 2022—

Mar 20236.0%

Jun 20236.1%

Sep 2023—

Dec 20239.8%

Mar 20249.9%

Jun 20249.4%

Sep 20249.6%

Dec 20247.9%

Mar 202514%

Jun 20258.9%

Sep 20256.3%

Dec 20258.7%

Mar 20267.9%

Jun 2026—

Civeo Corporation · CVEO

Sep 20211.9%

Dec 20213.8%

Mar 20222.4%

Jun 20222.7%

Sep 20224.9%

Dec 20224.9%

Mar 20233.0%

Jun 20233.9%

Sep 20234.9%

Dec 20235.8%

Mar 20243.6%

Jun 20242.6%

Sep 20244.0%

Dec 20245.3%

Mar 20253.5%

Jun 20252.5%

Sep 20253.5%

Dec 20253.1%

Mar 20262.3%

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 20210.5%

Dec 20211.0%

Mar 20220.2%

Jun 20220.3%

Sep 20220.3%

Dec 20220.8%

Mar 20231.9%

Jun 20231.1%

Sep 20231.3%

Dec 20231.6%

Mar 20240.6%

Jun 20240.5%

Sep 20240.6%

Dec 20241.7%

Mar 20250.7%

Jun 20250.7%

Sep 20250.9%

Dec 20251.0%

Mar 20260.3%

Jun 2026—

Hyatt Hotels Corporation · H

Sep 20213.3%

Dec 20214.3%

Mar 20223.4%

Jun 20224.1%

Sep 20222.5%

Dec 20223.7%

Mar 20231.8%

Jun 20232.9%

Sep 20233.3%

Dec 20233.9%

Mar 20242.0%

Jun 20242.5%

Sep 20242.6%

Dec 20243.2%

Mar 20251.7%

Jun 20252.4%

Sep 20253.9%

Dec 20254.3%

Mar 20261.3%

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 20211.7%

Mar 2022—

Jun 20220.7%

Sep 2022—

Dec 20224.2%

Mar 2023—

Jun 20230.5%

Sep 2023—

Dec 20230.7%

Mar 2024—

Jun 20240.6%

Sep 2024—

Dec 20240.6%

Mar 2025—

Jun 20250.4%

Sep 2025—

Dec 20250.6%

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 20211.1%

Dec 20211.6%

Mar 20221.2%

Jun 20221.3%

Sep 20221.4%

Dec 20222.4%

Mar 20231.7%

Jun 20231.6%

Sep 20232.1%

Dec 20232.2%

Mar 20241.8%

Jun 20241.9%

Sep 20242.8%

Dec 20245.3%

Mar 20252.2%

Jun 20252.3%

Sep 20252.2%

Dec 20252.6%

Mar 20262.0%

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 20211.3%

Dec 20213.6%

Mar 20222.7%

Jun 20222.1%

Sep 20222.5%

Dec 20223.3%

Mar 20232.9%

Jun 20232.5%

Sep 20232.5%

Dec 20232.8%

Mar 20243.0%

Jun 20241.9%

Sep 20242.0%

Dec 20247.3%

Mar 20252.2%

Jun 20253.0%

Sep 20252.9%

Dec 20254.8%

Mar 20262.1%

Jun 2026—

Annual capital allocation · 5-year view

7/7 capacity base · 7/7 OCF · 7/7 CAPEX · 7/7 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Choice Hotels International, Inc. · CHH

Dec 2021$412M

Dec 2022$496M

Dec 2023$579M

Dec 2024$688M

Dec 2025$727M

Civeo Corporation · CVEO

Dec 2021$408M

Dec 2022$318M

Dec 2023$283M

Dec 2024$214M

Dec 2025$259M

Hilton Worldwide Holdings Inc. · HLT

Dec 2021$999M

Dec 2022$942M

Dec 2023$1.0B

Dec 2024$978M

Dec 2025$1.3B

Hyatt Hotels Corporation · H

Dec 2021$3.3B

Dec 2022$2.8B

Dec 2023$2.7B

Dec 2024$2.0B

Dec 2025$1.9B

InterContinental Hotels Group PLC · IHG

Dec 2021$411M

Dec 2022$437M

Dec 2023$426M

Dec 2024$422M

Dec 2025$417M

Marriott International, Inc. · MAR

Dec 2021$2.6B

Dec 2022$2.6B

Dec 2023$2.5B

Dec 2024$2.7B

Dec 2025$2.9B

Wyndham Hotels & Resorts, Inc. · WH

Dec 2021$106M

Dec 2022$99M

Dec 2023$88M

Dec 2024$94M

Dec 2025$104M

Operating cash flow · fiscal-year history

Choice Hotels International, Inc. · CHH

Dec 2021$384M

Dec 2022$367M

Dec 2023$297M

Dec 2024$319M

Dec 2025$270M

Civeo Corporation · CVEO

Dec 2021$89M

Dec 2022$92M

Dec 2023$97M

Dec 2024$84M

Dec 2025$22M

Hilton Worldwide Holdings Inc. · HLT

Dec 2021$109M

Dec 2022$1.7B

Dec 2023$1.9B

Dec 2024$2.0B

Dec 2025$2.1B

Hyatt Hotels Corporation · H

Dec 2021$315M

Dec 2022$674M

Dec 2023$800M

Dec 2024$633M

Dec 2025$379M

InterContinental Hotels Group PLC · IHG

Dec 2021$636M

Dec 2022$646M

Dec 2023$893M

Dec 2024$724M

Dec 2025$898M

Marriott International, Inc. · MAR

Dec 2021$1.2B

Dec 2022$2.4B

Dec 2023$3.2B

Dec 2024$2.7B

Dec 2025$3.2B

Wyndham Hotels & Resorts, Inc. · WH

Dec 2021$426M

Dec 2022$399M

Dec 2023$376M

Dec 2024$290M

Dec 2025$367M

CAPEX · reported cash flow · fiscal-year history

Choice Hotels International, Inc. · CHH

Dec 2021$74M

Dec 2022$90M

Dec 2023$116M

Dec 2024$146M

Dec 2025$146M

Civeo Corporation · CVEO

Dec 2021$16M

Dec 2022$25M

Dec 2023$32M

Dec 2024$26M

Dec 2025$20M

Hilton Worldwide Holdings Inc. · HLT

Dec 2021$35M

Dec 2022$39M

Dec 2023$151M

Dec 2024$96M

Dec 2025$101M

Hyatt Hotels Corporation · H

Dec 2021$111M

Dec 2022$201M

Dec 2023$198M

Dec 2024$170M

Dec 2025$220M

InterContinental Hotels Group PLC · IHG

Dec 2021$17M

Dec 2022$54M

Dec 2023$28M

Dec 2024$29M

Dec 2025$28M

Marriott International, Inc. · MAR

Dec 2021$183M

Dec 2022$332M

Dec 2023$452M

Dec 2024$750M

Dec 2025$604M

Wyndham Hotels & Resorts, Inc. · WH

Dec 2021$37M

Dec 2022$39M

Dec 2023$37M

Dec 2024$49M

Dec 2025$46M

Free cash flow · fiscal-year history

Choice Hotels International, Inc. · CHH

Dec 2021$309M

Dec 2022$277M

Dec 2023$180M

Dec 2024$174M

Dec 2025$125M

Civeo Corporation · CVEO

Dec 2021$73M

Dec 2022$66M

Dec 2023$65M

Dec 2024$57M

Dec 2025$2M

Hilton Worldwide Holdings Inc. · HLT

Dec 2021$74M

Dec 2022$1.6B

Dec 2023$1.8B

Dec 2024$1.9B

Dec 2025$2.0B

Hyatt Hotels Corporation · H

Dec 2021$204M

Dec 2022$473M

Dec 2023$602M

Dec 2024$463M

Dec 2025$159M

InterContinental Hotels Group PLC · IHG

Dec 2021$619M

Dec 2022$592M

Dec 2023$865M

Dec 2024$695M

Dec 2025$870M

Marriott International, Inc. · MAR

Dec 2021$994M

Dec 2022$2.0B

Dec 2023$2.7B

Dec 2024$2.0B

Dec 2025$2.6B

Wyndham Hotels & Resorts, Inc. · WH

Dec 2021$389M

Dec 2022$360M

Dec 2023$339M

Dec 2024$241M

Dec 2025$321M

05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Civeo Corporation has the lowest Gross debt among the 7 Lodging companies compared here, at $226 million. Choice Hotels International, Inc. is next at $2,110 million. The same company also holds the lowest Net debt, at $209 million. 6 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Civeo Corporation has the clearest covered balance-sheet capacity with $209 million and gross debt of $226 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderCiveo Corporation · $226 million

Gap89.3% versus #2 · Choice Hotels International, Inc.

Persistence0/8 recent comparable periods

Coverage6/7 companies · 115 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.

Gross debtlowest gross debt

1Civeo Corporation CVEO$226M

2Choice Hotels International, Inc. CHH$2.1B

3Wyndham Hotels & Resorts, Inc. WH$2.7B

4Hyatt Hotels Corporation H$4.5B

5Hilton Worldwide Holdings Inc. HLT$13.1B

Net debtlowest net debt

1Civeo Corporation CVEO$209M

2Choice Hotels International, Inc. CHH$2.1B

3Wyndham Hotels & Resorts, Inc. WH$2.6B

4Hyatt Hotels Corporation H$3.8B

5Hilton Worldwide Holdings Inc. HLT$12.5B

Debt and balance-sheet capacity · company comparison

6/7 level · 6/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Gross debt	Net debt	Reported
Marriott International, Inc. MAR	$17.4B	$17.0B	Mar 2026
Hilton Worldwide Holdings Inc. HLT	$13.1B	$12.5B	Mar 2026
Hyatt Hotels Corporation H	$4.5B	$3.8B	Mar 2026
Wyndham Hotels & Resorts, Inc. WH	$2.7B	$2.6B	Jun 2026
Choice Hotels International, Inc. CHH	$2.1B	$2.1B	Mar 2026
Civeo Corporation CVEO	$226M	$209M	Mar 2026

Full 20-quarter history · every available company

Gross debt · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021$1.1B

Dec 2021$1.1B

Mar 2022$1.1B

Jun 2022$1.1B

Sep 2022$1.2B

Dec 2022$1.3B

Mar 2023$1.4B

Jun 2023$1.5B

Sep 2023$1.5B

Dec 2023$1.7B

Mar 2024$1.8B

Jun 2024$2.0B

Sep 2024$1.9B

Dec 2024$1.9B

Mar 2025$2.0B

Jun 2025$2.0B

Sep 2025$2.0B

Dec 2025$2.0B

Mar 2026$2.1B

Jun 2026—

Civeo Corporation · CVEO

Sep 2021$210M

Dec 2021$189M

Mar 2022$191M

Jun 2022$166M

Sep 2022$136M

Dec 2022$144M

Mar 2023$154M

Jun 2023$147M

Sep 2023$113M

Dec 2023$75M

Mar 2024$88M

Jun 2024$56M

Sep 2024$58M

Dec 2024$50M

Mar 2025$97M

Jun 2025$180M

Sep 2025$198M

Dec 2025$194M

Mar 2026$226M

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021$9.7B

Dec 2021$9.6B

Mar 2022$9.6B

Jun 2022$9.5B

Sep 2022$9.5B

Dec 2022$9.6B

Mar 2023$9.6B

Jun 2023$9.6B

Sep 2023$9.5B

Dec 2023$10.0B

Mar 2024$10.9B

Jun 2024$11.0B

Sep 2024$12.0B

Dec 2024$11.9B

Mar 2025$11.9B

Jun 2025$11.7B

Sep 2025$12.4B

Dec 2025$13.1B

Mar 2026$13.1B

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021$3.4B

Dec 2021$4.4B

Mar 2022$4.2B

Jun 2022$4.1B

Sep 2022$4.1B

Dec 2022$3.5B

Mar 2023$3.4B

Jun 2023$3.4B

Sep 2023$3.4B

Dec 2023$3.4B

Mar 2024$3.3B

Jun 2024$4.2B

Sep 2024$3.4B

Dec 2024$4.1B

Mar 2025$4.6B

Jun 2025$6.3B

Sep 2025$6.3B

Dec 2025$4.6B

Mar 2026$4.5B

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021$10.5B

Dec 2021$11.2B

Mar 2022$10.5B

Jun 2022$9.8B

Sep 2022$10.4B

Dec 2022$11.1B

Mar 2023$11.7B

Jun 2023$12.3B

Sep 2023$12.7B

Dec 2023$12.8B

Mar 2024$13.5B

Jun 2024$14.0B

Sep 2024$14.5B

Dec 2024$15.2B

Mar 2025$15.9B

Jun 2025$16.5B

Sep 2025$16.9B

Dec 2025$17.1B

Mar 2026$17.4B

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021$2.1B

Dec 2021$2.1B

Mar 2022$2.1B

Jun 2022$2.1B

Sep 2022$2.1B

Dec 2022$2.1B

Mar 2023$2.1B

Jun 2023$2.1B

Sep 2023$2.2B

Dec 2023$2.2B

Mar 2024$2.2B

Jun 2024$2.4B

Sep 2024$2.5B

Dec 2024$2.5B

Mar 2025$2.5B

Jun 2025$2.6B

Sep 2025$2.6B

Dec 2025$2.6B

Mar 2026$2.7B

Jun 2026$2.7B

Net debt · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021$651M

Dec 2021$584M

Mar 2022$566M

Jun 2022$485M

Sep 2022$1.2B

Dec 2022$1.2B

Mar 2023$1.4B

Jun 2023$1.4B

Sep 2023$1.5B

Dec 2023$1.7B

Mar 2024$1.8B

Jun 2024$1.8B

Sep 2024$1.9B

Dec 2024$1.8B

Mar 2025$1.9B

Jun 2025$2.0B

Sep 2025$2.0B

Dec 2025$2.0B

Mar 2026$2.1B

Jun 2026—

Civeo Corporation · CVEO

Sep 2021$205M

Dec 2021$183M

Mar 2022$185M

Jun 2022$161M

Sep 2022$128M

Dec 2022$136M

Mar 2023$142M

Jun 2023$136M

Sep 2023$105M

Dec 2023$72M

Mar 2024$71M

Jun 2024$49M

Sep 2024$40M

Dec 2024$45M

Mar 2025$69M

Jun 2025$165M

Sep 2025$186M

Dec 2025$180M

Mar 2026$209M

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021$8.4B

Dec 2021$8.2B

Mar 2022$8.2B

Jun 2022$8.3B

Sep 2022$8.2B

Dec 2022$8.4B

Mar 2023$8.7B

Jun 2023$8.8B

Sep 2023$8.8B

Dec 2023$9.2B

Mar 2024$9.6B

Jun 2024$10.2B

Sep 2024$10.4B

Dec 2024$10.6B

Mar 2025$11.1B

Jun 2025$11.3B

Sep 2025$11.3B

Dec 2025$12.2B

Mar 2026$12.5B

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021$588M

Dec 2021$3.1B

Mar 2022$2.8B

Jun 2022$2.1B

Sep 2022$2.4B

Dec 2022$2.3B

Mar 2023$2.4B

Jun 2023$2.5B

Sep 2023$2.6B

Dec 2023$2.4B

Mar 2024$2.5B

Jun 2024$2.2B

Sep 2024$2.3B

Dec 2024$2.7B

Mar 2025$2.8B

Jun 2025$5.4B

Sep 2025$5.6B

Dec 2025$3.7B

Mar 2026$3.8B

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021$9.8B

Dec 2021$9.8B

Mar 2022$9.5B

Jun 2022$9.3B

Sep 2022$9.4B

Dec 2022$10.6B

Mar 2023$11.1B

Jun 2023$11.7B

Sep 2023$12.0B

Dec 2023$12.4B

Mar 2024$13.1B

Jun 2024$13.6B

Sep 2024$14.1B

Dec 2024$14.8B

Mar 2025$15.3B

Jun 2025$15.9B

Sep 2025$16.2B

Dec 2025$16.7B

Mar 2026$17.0B

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021$1.9B

Dec 2021$1.9B

Mar 2022$1.7B

Jun 2022$1.7B

Sep 2022$1.8B

Dec 2022$1.9B

Mar 2023$1.9B

Jun 2023$2.0B

Sep 2023$2.1B

Dec 2023$2.1B

Mar 2024$2.2B

Jun 2024$2.4B

Sep 2024$2.4B

Dec 2024$2.4B

Mar 2025$2.5B

Jun 2025$2.5B

Sep 2025$2.6B

Dec 2025$2.5B

Mar 2026$2.6B

Jun 2026$2.6B

06 · compare level, then change

Return On Capital Employed

InterContinental Hotels Group PLC has the highest ROCE among the 7 Lodging companies compared here, at 9.5%. Hilton Worldwide Holdings Inc. is next at 5.9%. Civeo Corporation has the highest ROCE change at +2.2 percentage points, so level and change sit with different companies. 7 of 7 companies report a comparable reading, the latest through Dec 2025.

What the numbers say: InterContinental Hotels Group PLC leads ROCE at 9.5%, 3.6 percentage points above Hilton Worldwide Holdings Inc.. Civeo Corporation has the strongest latest improvement at +2.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderInterContinental Hotels Group PLC · 9.5%

Gap61% versus #2 · Hilton Worldwide Holdings Inc.

Persistence6/8 recent comparable periods

Coverage7/7 companies · 133 observations

Investor read: InterContinental Hotels Group PLC sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

ROCEhighest

1InterContinental Hotels Group PLC IHG · older report9.5%

2Hilton Worldwide Holdings Inc. HLT5.9%

3Marriott International, Inc. MAR5.6%

4Wyndham Hotels & Resorts, Inc. WH4.5%

5Choice Hotels International, Inc. CHH2.6%

ROCE changefastest improvers

1Civeo Corporation CVEO+2.2 pp

2Hilton Worldwide Holdings Inc. HLT+1.3 pp

3Wyndham Hotels & Resorts, Inc. WH+0.5 pp

4Marriott International, Inc. MAR+0.3 pp

5Hyatt Hotels Corporation H0.0 pp

Return on capital · company comparison

7/7 level · 7/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	ROCE	ROCE change	Reported
InterContinental Hotels Group PLC IHG	9.5%	0.0 pp	Dec 2025
Hilton Worldwide Holdings Inc. HLT	5.9%	+1.3 pp	Mar 2026
Marriott International, Inc. MAR	5.6%	+0.3 pp	Mar 2026
Wyndham Hotels & Resorts, Inc. WH	4.5%	+0.5 pp	Jun 2026
Choice Hotels International, Inc. CHH	2.6%	−1.7 pp	Mar 2026
Hyatt Hotels Corporation H	1.1%	0.0 pp	Mar 2026
Civeo Corporation CVEO	0.8%	+2.2 pp	Mar 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 202112%

Dec 20218.0%

Mar 20227.2%

Jun 202211%

Sep 20228.7%

Dec 20225.1%

Mar 20235.0%

Jun 20237.7%

Sep 20237.6%

Dec 20239.2%

Mar 20243.7%

Jun 20247.0%

Sep 20247.8%

Dec 20246.8%

Mar 20254.3%

Jun 20255.8%

Sep 20256.3%

Dec 20254.5%

Mar 20262.6%

Jun 2026—

Civeo Corporation · CVEO

Sep 20211.0%

Dec 20211.3%

Mar 20220.7%

Jun 20222.6%

Sep 20222.1%

Dec 2022-2.5%

Mar 2023-0.8%

Jun 20232.1%

Sep 20233.6%

Dec 20233.9%

Mar 2024-0.4%

Jun 20243.1%

Sep 20240.0%

Dec 2024-2.7%

Mar 2025-1.4%

Jun 20250.7%

Sep 20251.8%

Dec 20250.0%

Mar 20260.8%

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 20213.1%

Dec 20212.5%

Mar 20222.9%

Jun 20224.9%

Sep 20225.0%

Dec 20224.1%

Mar 20234.1%

Jun 20235.6%

Sep 20235.5%

Dec 20233.4%

Mar 20244.4%

Jun 20246.2%

Sep 20245.2%

Dec 20244.2%

Mar 20254.6%

Jun 20256.8%

Sep 20256.4%

Dec 20255.0%

Mar 20265.9%

Jun 2026—

Hyatt Hotels Corporation · H

Sep 20210.1%

Dec 2021-0.4%

Mar 2022-4.7%

Jun 20221.9%

Sep 20221.6%

Dec 20222.4%

Mar 20230.8%

Jun 20231.0%

Sep 20231.1%

Dec 20230.1%

Mar 20240.5%

Jun 20241.6%

Sep 20241.1%

Dec 20240.8%

Mar 20251.1%

Jun 20250.5%

Sep 20250.9%

Dec 20250.8%

Mar 20261.1%

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 20215.7%

Dec 20215.7%

Mar 20225.7%

Jun 20225.7%

Sep 20224.6%

Dec 20224.6%

Mar 202310%

Jun 202310%

Sep 20239.1%

Dec 20239.1%

Mar 202410%

Jun 202410%

Sep 20249.5%

Dec 20249.5%

Mar 202512%

Jun 202512%

Sep 20259.5%

Dec 20259.5%

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 20212.9%

Dec 20213.3%

Mar 20223.0%

Jun 20225.3%

Sep 20225.3%

Dec 20225.4%

Mar 20235.2%

Jun 20236.2%

Sep 20236.2%

Dec 20234.1%

Mar 20244.9%

Jun 20246.8%

Sep 20245.4%

Dec 20244.2%

Mar 20255.3%

Jun 20256.8%

Sep 20256.4%

Dec 20254.2%

Mar 20265.6%

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 20213.8%

Dec 20212.2%

Mar 20224.1%

Jun 20223.7%

Sep 20224.1%

Dec 20222.5%

Mar 20233.0%

Jun 20233.3%

Sep 20234.4%

Dec 20232.9%

Mar 20241.4%

Jun 20244.0%

Sep 20244.6%

Dec 20243.5%

Mar 20253.1%

Jun 20254.0%

Sep 20254.7%

Dec 2025-1.0%

Mar 20263.0%

Jun 20264.5%

ROCE change · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−3.6 pp

Dec 2022−2.9 pp

Mar 2023−2.2 pp

Jun 2023−2.9 pp

Sep 2023−1.1 pp

Dec 2023+4.1 pp

Mar 2024−1.3 pp

Jun 2024−0.7 pp

Sep 2024+0.2 pp

Dec 2024−2.4 pp

Mar 2025+0.6 pp

Jun 2025−1.2 pp

Sep 2025−1.5 pp

Dec 2025−2.3 pp

Mar 2026−1.7 pp

Jun 2026—

Civeo Corporation · CVEO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+1.1 pp

Dec 2022−3.8 pp

Mar 2023−1.5 pp

Jun 2023−0.5 pp

Sep 2023+1.5 pp

Dec 2023+6.4 pp

Mar 2024+0.4 pp

Jun 2024+1.0 pp

Sep 2024−3.6 pp

Dec 2024−6.6 pp

Mar 2025−1.0 pp

Jun 2025−2.4 pp

Sep 2025+1.8 pp

Dec 2025+2.7 pp

Mar 2026+2.2 pp

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+1.9 pp

Dec 2022+1.6 pp

Mar 2023+1.2 pp

Jun 2023+0.7 pp

Sep 2023+0.5 pp

Dec 2023−0.7 pp

Mar 2024+0.3 pp

Jun 2024+0.6 pp

Sep 2024−0.3 pp

Dec 2024+0.8 pp

Mar 2025+0.2 pp

Jun 2025+0.6 pp

Sep 2025+1.2 pp

Dec 2025+0.8 pp

Mar 2026+1.3 pp

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+1.5 pp

Dec 2022+2.8 pp

Mar 2023+5.5 pp

Jun 2023−0.9 pp

Sep 2023−0.5 pp

Dec 2023−2.3 pp

Mar 2024−0.3 pp

Jun 2024+0.6 pp

Sep 20240.0 pp

Dec 2024+0.7 pp

Mar 2025+0.6 pp

Jun 2025−1.1 pp

Sep 2025−0.2 pp

Dec 20250.0 pp

Mar 20260.0 pp

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−1.1 pp

Dec 2022−1.1 pp

Mar 2023+4.4 pp

Jun 2023+4.4 pp

Sep 2023+4.5 pp

Dec 2023+4.5 pp

Mar 2024+0.2 pp

Jun 2024+0.2 pp

Sep 2024+0.4 pp

Dec 2024+0.4 pp

Mar 2025+1.5 pp

Jun 2025+1.5 pp

Sep 20250.0 pp

Dec 20250.0 pp

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+2.4 pp

Dec 2022+2.1 pp

Mar 2023+2.2 pp

Jun 2023+0.9 pp

Sep 2023+0.9 pp

Dec 2023−1.3 pp

Mar 2024−0.3 pp

Jun 2024+0.6 pp

Sep 2024−0.8 pp

Dec 2024+0.1 pp

Mar 2025+0.4 pp

Jun 20250.0 pp

Sep 2025+1.0 pp

Dec 20250.0 pp

Mar 2026+0.3 pp

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+0.3 pp

Dec 2022+0.3 pp

Mar 2023−1.1 pp

Jun 2023−0.4 pp

Sep 2023+0.3 pp

Dec 2023+0.4 pp

Mar 2024−1.6 pp

Jun 2024+0.7 pp

Sep 2024+0.2 pp

Dec 2024+0.6 pp

Mar 2025+1.7 pp

Jun 20250.0 pp

Sep 2025+0.1 pp

Dec 2025−4.5 pp

Mar 2026−0.1 pp

Jun 2026+0.5 pp

07 · compare level, then change

Valuation Against Growth & Quality

Hilton Worldwide Holdings Inc. has the lowest Guarded PEG among the 7 Lodging companies compared here, at 0.78×. Choice Hotels International, Inc. is next at 1.05×. Choice Hotels International, Inc. has the lowest P/E at 13.9×, so level and change sit with different companies. 3 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Hilton Worldwide Holdings Inc. has the lowest comparable Guarded PEG at 0.78×, 25.7% below Choice Hotels International, Inc.. Only 3 of 7 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderHilton Worldwide Holdings Inc. · 0.78×

Gap25.7% versus #2 · Choice Hotels International, Inc.

Persistence0/8 recent comparable periods

Coverage3/7 companies · 23 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.

Guarded PEGlowest PEG

1Hilton Worldwide Holdings Inc. HLT0.8

2Choice Hotels International, Inc. CHH1.1

3Marriott International, Inc. MAR4.0

P/Elowest P/E

1Choice Hotels International, Inc. CHH13.9

2Civeo Corporation CVEO19.6

3InterContinental Hotels Group PLC IHG · older report28.9

4Wyndham Hotels & Resorts, Inc. WH31.0

5Hyatt Hotels Corporation H33.2

Valuation · company comparison

3/7 level · 7/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Guarded PEG	P/E	Reported
Marriott International, Inc. MAR	4.0	34.3	Mar 2026
Choice Hotels International, Inc. CHH	1.1	14.0	Mar 2026
Hyatt Hotels Corporation H	0.8	33.2	Mar 2026
Hilton Worldwide Holdings Inc. HLT	0.8	46.4	Mar 2026
Wyndham Hotels & Resorts, Inc. WH	0.5	31.0	Jun 2026
InterContinental Hotels Group PLC IHG	—	29.0	Dec 2025
Civeo Corporation CVEO	—	19.6	Mar 2026

Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 20241.0

Mar 20250.5

Jun 20250.6

Sep 2025—

Dec 20250.4

Mar 20261.1

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 20230.8

Sep 20231.0

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 20241.0

Mar 20251.0

Jun 20251.1

Sep 20250.8

Dec 2025—

Mar 2026—

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 20241.2

Jun 2024—

Sep 2024—

Dec 2024—

Mar 20250.8

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 20230.5

Dec 20230.6

Mar 20242.0

Jun 20241.9

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 20252.3

Mar 20264.0

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 20244.1

Mar 20250.4

Jun 20250.5

Sep 20250.5

Dec 2025—

Mar 2026—

Jun 2026—

P/E · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 202130.5

Dec 202130.3

Mar 202223.8

Jun 202217.7

Sep 202218.0

Dec 202218.8

Mar 202320.2

Jun 202321.1

Sep 202322.2

Dec 202322.4

Mar 202427.1

Jun 202424.7

Sep 202425.0

Dec 202422.9

Mar 202520.3

Jun 202519.5

Sep 202513.1

Dec 202512.1

Mar 202614.0

Jun 2026—

Civeo Corporation · CVEO

Sep 2021—

Dec 2021—

Mar 202232.7

Jun 202218.6

Sep 202216.8

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202311.4

Mar 202412.7

Jun 202410.5

Sep 202419.6

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 20211,100.9

Dec 2021106.8

Mar 202258.6

Jun 202232.3

Sep 202231.3

Dec 202227.9

Mar 202330.9

Jun 202330.4

Sep 202330.2

Dec 202342.1

Mar 202446.4

Jun 202446.2

Sep 202449.5

Dec 202440.3

Mar 202535.9

Jun 202540.9

Sep 202537.6

Dec 202546.9

Mar 202646.4

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021—

Mar 2022681.8

Jun 202235.7

Sep 202269.2

Dec 202222.1

Mar 202321.0

Jun 202328.0

Sep 202323.7

Dec 202363.6

Mar 202424.8

Jun 202416.4

Sep 202411.5

Dec 202412.4

Mar 202515.9

Jun 202533.2

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 202189.8

Dec 202145.1

Mar 202236.2

Jun 202223.0

Sep 202222.0

Dec 202228.3

Mar 202323.8

Jun 202320.0

Sep 202318.8

Dec 202320.7

Mar 202425.5

Jun 202427.3

Sep 202428.6

Dec 202432.4

Mar 202525.6

Jun 202524.4

Sep 202525.3

Dec 202529.0

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 2021104.3

Dec 202149.5

Mar 202239.0

Jun 202225.7

Sep 202221.4

Dec 202220.6

Mar 202319.4

Jun 202320.7

Sep 202320.8

Dec 202322.2

Mar 202426.0

Jun 202424.2

Sep 202426.0

Dec 202433.5

Mar 202527.1

Jun 202530.8

Sep 202527.5

Dec 202532.6

Mar 202634.3

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 202138.6

Dec 202134.5

Mar 202224.3

Jun 202217.5

Sep 202216.2

Dec 202218.2

Mar 202319.2

Jun 202320.5

Sep 202320.3

Dec 202323.6

Mar 202427.2

Jun 202424.1

Sep 202424.8

Dec 202427.9

Mar 202521.5

Jun 202519.0

Sep 202518.4

Dec 202530.2

Mar 202632.6

Jun 202631.0

08 · compare level, then change

Enterprise Value & Book Value

Civeo Corporation has the lowest EV/EBITDA among the 7 Lodging companies compared here, at 6.5×. Choice Hotels International, Inc. is next at 13×. The same company also holds the lowest P/BV, at 1.8×. 7 of 7 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 19 reported observations across the 20-quarter window.

What the numbers say: Civeo Corporation leads both ev/ebitda at 6.5× and p/bv at 1.8×.

LeaderCiveo Corporation · 6.5×

Gap50% versus #2 · Choice Hotels International, Inc.

Persistence0/8 recent comparable periods

Coverage7/7 companies · 130 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.

EV/EBITDAlowest EV/EBITDA

1Civeo Corporation CVEO6.5

2Choice Hotels International, Inc. CHH13.0

3Wyndham Hotels & Resorts, Inc. WH16.9

4InterContinental Hotels Group PLC IHG · older report19.9

5Marriott International, Inc. MAR21.2

P/BVlowest P/BV

1Civeo Corporation CVEO1.8

2Wyndham Hotels & Resorts, Inc. WH13.2

3Choice Hotels International, Inc. CHH34.4

Enterprise and book valuation · company comparison

7/7 level · 3/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	EV/EBITDA	P/BV	Reported
Hyatt Hotels Corporation H	48.8	-87.9	Mar 2026
Hilton Worldwide Holdings Inc. HLT	26.6	-11.8	Mar 2026
Marriott International, Inc. MAR	21.2	-21.2	Mar 2026
InterContinental Hotels Group PLC IHG	19.9	-8.5	Dec 2025
Wyndham Hotels & Resorts, Inc. WH	16.9	13.2	Jun 2026
Choice Hotels International, Inc. CHH	13.0	34.4	Mar 2026
Civeo Corporation CVEO	6.5	1.8	Mar 2026

Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 20219.1

Dec 202133.0

Mar 20229.6

Jun 202211.7

Sep 202212.7

Dec 202212.6

Mar 202314.3

Jun 202314.9

Sep 202315.1

Dec 2023—

Mar 202411.2

Jun 20248.3

Sep 20247.4

Dec 202415.6

Mar 202514.3

Jun 202513.9

Sep 202512.5

Dec 202511.8

Mar 202613.0

Jun 2026—

Civeo Corporation · CVEO

Sep 20217.2

Dec 20215.8

Mar 20225.7

Jun 20225.1

Sep 20224.4

Dec 20225.9

Mar 20235.4

Jun 20235.2

Sep 20234.8

Dec 20233.6

Mar 20246.8

Jun 20246.3

Sep 20244.5

Dec 20245.1

Mar 20256.1

Jun 20257.3

Sep 20257.6

Dec 20255.8

Mar 20266.5

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 202163.0

Dec 202142.1

Mar 202232.1

Jun 202220.1

Sep 202219.3

Dec 202218.4

Mar 202319.1

Jun 202318.8

Sep 202318.9

Dec 202322.9

Mar 202425.8

Jun 202425.7

Sep 202427.1

Dec 202427.4

Mar 202525.4

Jun 202528.1

Sep 202525.6

Dec 202526.8

Mar 202626.6

Jun 2026—

Hyatt Hotels Corporation · H

Sep 2021—

Dec 2021231.7

Mar 2022—

Jun 20225,096.3

Sep 2022160.9

Dec 202212.7

Mar 202314.7

Jun 202310.6

Sep 202310.1

Dec 202323.3

Mar 202428.7

Jun 202456.8

Sep 202455.4

Dec 202425.5

Mar 202533.9

Jun 202555.3

Sep 202557.2

Dec 202528.6

Mar 202648.8

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 202130.9

Dec 202120.2

Mar 202218.1

Jun 202212.9

Sep 202212.6

Dec 202215.5

Mar 202315.6

Jun 202314.2

Sep 202313.3

Dec 202314.3

Mar 202417.0

Jun 202417.2

Sep 202417.4

Dec 202419.0

Mar 202516.8

Jun 202516.6

Sep 202516.7

Dec 202519.9

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 202144.0

Dec 202131.2

Mar 202226.6

Jun 202217.9

Sep 202216.0

Dec 202214.7

Mar 202314.9

Jun 202315.6

Sep 202315.9

Dec 202318.1

Mar 202420.8

Jun 202419.2

Sep 202420.0

Dec 202421.6

Mar 202518.6

Jun 202520.5

Sep 202518.5

Dec 202520.9

Mar 202621.2

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 202119.2

Dec 202120.3

Mar 202214.9

Jun 202211.9

Sep 202211.3

Dec 202212.7

Mar 202313.3

Jun 202313.8

Sep 202313.9

Dec 202314.6

Mar 202416.3

Jun 202415.3

Sep 202415.7

Dec 202417.3

Mar 202514.6

Jun 202513.4

Sep 202513.1

Dec 202516.5

Mar 202617.3

Jun 202616.9

P/BV · reported quarter history

Choice Hotels International, Inc. · CHH

Sep 202133.1

Dec 202132.6

Mar 202225.1

Jun 202214.9

Sep 202220.7

Dec 202238.0

Mar 2023127.6

Jun 2023108.7

Sep 202384.6

Dec 2023157.6

Mar 2024925.7

Jun 2024-38.4

Sep 2024-63.6

Dec 2024-147.0

Mar 2025-96.8

Jun 2025-223.7

Sep 202533.0

Dec 202524.2

Mar 202634.4

Jun 2026—

Civeo Corporation · CVEO

Sep 20210.9

Dec 20210.8

Mar 20220.9

Jun 20221.0

Sep 20221.0

Dec 20221.6

Mar 20231.1

Jun 20231.0

Sep 20231.1

Dec 20231.1

Mar 20241.3

Jun 20241.2

Sep 20241.4

Dec 20241.3

Mar 20251.4

Jun 20251.4

Sep 20251.5

Dec 20251.5

Mar 20261.8

Jun 2026—

Hilton Worldwide Holdings Inc. · HLT

Sep 2021-32.6

Dec 2021-53.0

Mar 2022-60.7

Jun 2022-38.9

Sep 2022-35.9

Dec 2022-30.7

Mar 2023-26.3

Jun 2023-26.7

Sep 2023-22.0

Dec 2023-19.6

Mar 2024-18.9

Jun 2024-17.4

Sep 2024-16.3

Dec 2024-16.0

Mar 2025-12.4

Jun 2025-13.7

Sep 2025-12.3

Dec 2025-12.3

Mar 2026-11.8

Jun 2026—

Hyatt Hotels Corporation · H

Sep 20212.4

Dec 20213.0

Mar 20223.0

Jun 20222.2

Sep 20222.5

Dec 20221.4

Mar 20233.2

Jun 20233.3

Sep 20233.1

Dec 20233.8

Mar 20244.4

Jun 20244.0

Sep 20244.0

Dec 20244.0

Mar 20253.4

Jun 20253.7

Sep 20253.9

Dec 20254.4

Mar 2026-87.9

Jun 2026—

InterContinental Hotels Group PLC · IHG

Sep 2021-8.0

Dec 2021-8.1

Mar 2022-10.7

Jun 2022-8.4

Sep 2022-5.4

Dec 2022-6.3

Mar 2023-6.4

Jun 2023-6.6

Sep 2023-6.4

Dec 2023-7.7

Mar 2024-7.9

Jun 2024-7.8

Sep 2024-7.6

Dec 2024-8.6

Mar 2025-6.5

Jun 2025-6.8

Sep 2025-6.8

Dec 2025-8.5

Mar 2026—

Jun 2026—

Marriott International, Inc. · MAR

Sep 202152.5

Dec 202138.1

Mar 202232.5

Jun 202225.0

Sep 202242.1

Dec 202281.4

Mar 2023361.4

Jun 2023-245.7

Sep 2023-87.8

Dec 2023-96.1

Mar 2024-44.8

Jun 2024-32.7

Sep 2024-28.6

Dec 2024-25.8

Mar 2025-20.7

Jun 2025-25.1

Sep 2025-22.5

Dec 2025-21.9

Mar 2026-21.2

Jun 2026—

Wyndham Hotels & Resorts, Inc. · WH

Sep 20216.4

Dec 20218.3

Mar 20226.7

Jun 20225.4

Sep 20225.1

Dec 20226.4

Mar 20236.2

Jun 20236.6

Sep 20236.7

Dec 20238.7

Mar 20249.2

Jun 20249.4

Sep 202410.5

Dec 202412.1

Mar 202512.1

Jun 202511.0

Sep 202510.4

Dec 202512.2

Mar 202613.6

Jun 202613.2

09 · let price answer last

Market action

Marriott International, Inc. has the strongest one-year price move in Lodging at +50.2%. Civeo Corporation leads on Mansfield relative strength against the S&P 500 at +19.6%. 6 of 7 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.

Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Lodging comparison names 5 specific ways its own evidence can mislead, all listed below. 1 of the 7 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. A high growth rate can still be a low-base artefact.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.

10 · the complete set

Which companies are included?

All 7 companies in the canonical Lodging membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

Company	Market value	Price	Priced to	Latest fundamentals
Marriott International, Inc. MARAHEAD18/26 WEEKS	$101.1B	$384	2026-07-28	Mar 2026
Hilton Worldwide Holdings Inc. HLT	$72.6B	$322	2026-07-28	Mar 2026
InterContinental Hotels Group PLC IHGAHEAD19/26 WEEKS	$23.8B	$162	2026-07-28	Dec 2025
Hyatt Hotels Corporation HAHEAD	$17.8B	$189	2026-07-28	Mar 2026
Wyndham Hotels & Resorts, Inc. WH	$5.6B	$75.7	2026-07-28	Jun 2026
Choice Hotels International, Inc. CHHAHEAD	$5.2B	$115	2026-07-28	Mar 2026
Civeo Corporation CVEOAHEAD25/26 WEEKS	$376M	$34.4	2026-07-28	Mar 2026

Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 7 Lodging companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-07-28 · weekly price and relative-strength history

Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

Questions investors ask · short, speakable answers

Lodging company comparison FAQs

These 18 answers restate the Lodging comparison above in question form. Every one is computed from the same 7 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Lodging company is the biggest?

Marriott International, Inc. is the largest, with trailing-twelve-month revenue of $26,577 million, ahead of Hilton Worldwide Holdings Inc. at $12,281 million. That covers 5 of 7 companies with comparable reporting through Mar 2026.

Which Lodging company is growing fastest?

Hilton Worldwide Holdings Inc. has the fastest revenue growth at 8.7% year on year, across 5 of 7 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Lodging company has the best profit margins?

Wyndham Hotels & Resorts, Inc. has the highest operating margin at 34.9%, from 6 of 7 comparable companies. Civeo Corporation shows the biggest recent improvement, at +5.6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Lodging company makes the most profit?

Marriott International, Inc. earns the most, at $2,584 million of trailing-twelve-month net profit, from 5 of 7 comparable companies. Marriott International, Inc. has the fastest profit growth at 4.4%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Lodging company earns the highest return on capital?

InterContinental Hotels Group PLC leads on return on capital employed at 9.5%, across 7 of 7 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Lodging stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Hilton Worldwide Holdings Inc. screens cheapest at 0.78×. Only 3 of 7 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Lodging company has the strongest balance sheet?

Civeo Corporation carries the lowest comparable gross debt at $226 million, from 6 of 7 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Lodging company is investing most in new capacity?

Marriott International, Inc. reports the largest capital spending at $130 million, across 7 of 7 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Is the Lodging sector beating the market?

Lodging has underperformed S&P 500 by 3.5% over the last 52 weeks and 0.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 6 of 7 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Lodging stock has the strongest price momentum?

Civeo Corporation has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Lodging company scores highest for research priority?

Hilton Worldwide Holdings Inc. scores 55.3 out of 100 with 76.3% evidence confidence, from 20.6 points on growth and earnings, 15 on capital efficiency, 13.3 on valuation and 6.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Lodging companies does this comparison cover, and over what period?

It compares 7 listed companies over up to 20 reported quarters of fundamentals and 5 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Lodging sector?

The 7 Lodging companies on this page carry $226,477 million of combined market value. Marriott International, Inc. is the largest at $101,130 million, about 45% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Lodging sector's P/E ratio?

The median price-to-earnings ratio across the 7 Lodging companies on this page is 31×, measured on the 7 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Lodging sector performing?

6 of the 7 covered Lodging companies are beating S&P 500 on Mansfield relative strength. The sector itself is 3.5% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Lodging stocks are listed in the US?

This comparison covers 7 listed Lodging companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.