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HST vs INN: Correlation

How closely do Host Hotels & Resorts (HST) and Summit Hotel Properties, Inc. (INN) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.69
strong
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.77
long-run
Ann. covariance
578.8
%² · weekly, annualized

How correlated are HST and INN?

Across a 3-year window, the weekly returns of HST and INN correlate at 0.69, strong. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Stretching to 5 years gives 0.77, with an annualized covariance of 578.8 %².

Among the 37 assets we track against HST, INN ranks #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HST outperformed by 25.2 percentage points (+39.2% for HST against +14.0% for INN).

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

HST vs INN: side by side

HST (Host Hotels & Resorts)INN (Summit Hotel Properties, Inc.)
1-year return+39.2%+14.0%
5-year return+73.4%-22.7%
Volatility (ann.)24.2%34.6%
Beta vs S&P 5000.781.06
Max drawdown (3Y)-36.0%-46.3%
Market cap$15.5B$0.6B
P/E (trailing)15.1
Dividend yield3.57%5.34%
Sector / categoryReal EstateUS Listed
Higher yield: INN 5.34% vs 3.57%Smaller drawdown: HST -36.0% vs -46.3%Higher 5y return: HST +73.4% vs -22.7%
-25%0%+56%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). HST · INN

Year-by-year returns

YearHSTINN
2022-4.6%-25.3%
2023+27.6%-3.7%
2024-5.5%+6.9%
2025+7.2%-24.5%
2026+32.2%+27.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are HST and INN good diversifiers for each other?

Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between HST and INN?

Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.60 over the last year and 0.77 over 5 years.

Is INN a good diversifier for HST?

Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.69 mean?

On the −1 to +1 scale, 0.69 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/hst-vs-inn.json

HST vs INN: 3-year weekly correlation 0.69HST vs INN0.69

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[![HST vs INN correlation](https://www.pairbook.io/api/v1/badge/hst-vs-inn.svg)](https://www.pairbook.io/pair/hst-vs-inn/)

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Related comparisons

Hubs: HST correlations · INN correlations