12 Best Hotel Stocks To Buy According to Analysts

10. RLJ Lodging Trust (NYSE:RLJ)

Analyst Upside Potential: 21.37%

Number of Hedge Fund Holders: 20

RLJ Lodging Trust (NYSE:RLJ) is a self-administered and self-advised real estate investment trust that owns room-oriented, premium-branded hotels. It owns around 98 hotel properties with approximately 21,610 rooms in 23 US states and the District of Columbia. The company’s brand affiliations include Marriott, Hilton, and others.

The company’s 2% RevPAR growth in fiscal Q3 2024 once again exceeded the industry. Its growth rate was two times that of the industry, and it continues to be balanced between both occupancy and rate. This reflects the resilience of the company’s urban-centric portfolio, which lends it a competitive advantage and allows it to outperform. Its effective expense management also allowed it to drive EBITDA growth that exceeded its year-over-year RevPAR growth. RLJ Lodging Trust’s (NYSE:RLJ) hotels gained 100 basis points of market share in fiscal Q3 2024, representing the sixth consecutive quarter of outperformance.

RLJ Lodging Trust (NYSE:RLJ) is also making meaningful progress across its key initiatives. These include completing two conversions, successfully refinancing its near-term debt maturities, and increasing its quarterly dividend by 50%. It ranks 10th on our list, and its median price target of $9.47 implies an upside of 21.37% from current levels.