Hospitality wage growth vs hotel REIT revenue growth, Q1 2026 YoY

Wage cost growth versus hotel REIT cohort revenue growth, Q1 2026 year-over-year. Leisure & hospitality wages (+3.8%) outrun cohort median revenue growth (+3.4%) — the compression engine private operators inherit.

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Chart: Putra & CoSource: SEC EDGAR — listed lodging REIT 10-Qs; FRED CES7000000003, CUUR0000SAS3; BLS CES7072100003, CES7072200003Get the dataCreated with Datawrapper