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 best and most well-known hotels—we have a geographically diverse portfolio of high-quality assets in attractive markets across the United States.
42,700*
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 delivers measurable results and a culture that values diversity and inclusion.
S&P 500
Company
$18.2 Billion**
Total Enterprise Value*
Strong Balance Sheet
We maintain a strong and flexible capital structure that allows us to execute our strategy throughout all phases of the lodging cycle.
Investment Grade
Only Lodging REIT
$2.9 Billion
Available Liquidity Position***
*Data as of May 1, 2024.
**Data as of March 31, 2024.
***Data as of December 31, 2023. Includes approximately $217 million of furniture, fixture and equipment reserves and $1.5 billion available under our credit facility revolver.
