If you're looking for the best hospitality stocks, you have a variety of options. This sector includes businesses centered on lodging, food and beverages, tourism, and other related activities. Investors have the choice of growth-oriented hospitality companies and stable earners that pay reasonable dividends.
Top hospitality stocks in 2026
The hospitality market is steadily growing and was estimated to be worth $5.5 trillion in 2025. Here are five top hospitality stocks:
1. Hilton Worldwide
NYSE: HLT
Key Data Points
With 9,000 properties worldwide, Hilton (HLT -0.26%) is one of the world's largest hotel companies. Its diverse portfolio includes several midscale and premium properties, as well as its luxury Waldorf Astoria and Conrad Hotels brands. It also boasts a loyalty program, Hilton Honors, with more than 235 million members.
Hilton prioritizes growth, which is a positive sign for investors. It had a development pipeline of 515,400 rooms across 128 countries and territories as of Sept. 30, 2025. That includes 26 countries and territories where Hilton doesn't have any properties yet.
Hilton stock also outperformed both the S&P 500 index and the S&P Hotel index from 2020 through 2024. With its popular brands and loyalty program, the hotel giant is well-positioned for future growth.
2. Texas Roadhouse
NASDAQ: TXRH
Key Data Points
Founded in 1993, Texas Roadhouse (TXRH -2.26%) is a casual dining favorite among families. The restaurant company and its franchises operate more than 800 locations. Most of its restaurants are in the U.S., but the company has also expanded internationally.
The restaurant industry is a challenging one, especially recently, with rising costs for food, labor, and insurance. Texas Roadhouse is one of the companies best-equipped to handle those challenges. It has an excellent leadership team, consistently high profit margins (7.5% as of September 2025), and it pays dividends to shareholders.
Despite commodity inflation driving up operating costs, Texas Roadhouse has navigated this situation by bringing in more foot traffic. Revenue increased 11.7% year over year to $4.4 billion for the first three quarters of 2025. Higher sales helped Texas Roadhouse slightly increase its net income by 1% to $320.9 million over the same time period.
3. Hyatt Hotels
EBITDA
4. Wyndham Hotels & Resorts
NYSE: WH
Key Data Points
Wyndham Hotels & Resorts (WH -0.03%) is the world's largest hotel franchisor, with more than 8,000 hotels serving about 135 million guests annually. Since it's a franchisor, Wyndham doesn't pay the upkeep or maintenance costs of its properties. Those costs fall on the franchise owners, who pay a licensing fee and ongoing royalties to use the hotel chain’s brands and systems.
This company's development pipeline reached a record 257,000 rooms as of Sept. 30, 2025. Revenue for the first three quarters of 2025 was $1.1 billion, a 2.6% year-over-year increase. It also reduced costs, resulting in a 24.0% increase in net income to $257 million.
While Wyndham's top line may not have experienced significant growth, its room openings and substantial development pipeline have it well-positioned for the future.
5. Marriott International
NASDAQ: MAR
Key Data Points
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Trends to watch in hospitality
Business has been booming for top hospitality companies, as consumers are eager to go out, travel, and enjoy themselves. Here are the key trends shaping the hospitality industry recently:
- Many large hotel brands are opting for asset-light models by franchising, although this is less common among luxury hotels.
- Home sharing, led by the success of Airbnb (ABNB -1.84%), is an increasingly popular alternative to hotels, growing from 10% to 14% of booking value between 2017 and 2023.
- Hospitality companies are using artificial intelligence (AI) to streamline booking management and customer support.
Last but not least, customer loyalty is always important in the hospitality industry. Companies are investing heavily in loyalty programs and in providing a personalized experience to make their customers feel special. This can have the dual benefit of bringing in repeat business and encouraging people to spend more with their preferred brands.
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