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Lobby
The Phoenician, A Luxury Collection Resort, Scottsdale

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 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.

75

Hotels*

41,300

Rooms*

21

Top U.S. Markets*

Size, Scale and Reputation

We use our size, scale and reputation to create value through data-driven insights, disciplined asset management and strategic capital allocation. We have an industry-leading corporate responsibility program that delivers measurable results, and we value an inclusive workplace culture.

S&P 500

Company

#1 Total Stockholder Returns

vs. other full-service Lodging REITs**

$20.0 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

$3.0 Billion

Available Liquidity Position****

*Data as of August 5, 2026.
**As of June 30, 2026 as compared to DRH, PEB, PK, RLJ, SHO and XHR on 5, 7, and 10-year bases.
***Based on market cap as of June 30, 2026.
****As of June 30, 2026, adjusted for $630 million for dividends paid in July. Includes approximately $156 million of furniture, fixture and equipment reserves and $1.5 billion available under our credit facility revolver.

Exterior
Miami Marriott Biscayne Bay