Are you curious about how your favorite loyalty program stacks up against the competition? U.S. News editors just revealed their annual list of the top programs for travel rewards. Factors like the size and reach of each airline and hotel brand helped the editors to create this ranking. In addition, the number of ways that rewards can be used and the ease of using rewards were also taken into account.

Let's start with the best hotel rewards programs. Here's how popular hotel programs rank from one to five:

  • Marriott Bonvoy
  • Wyndham Rewards
  • World of Hyatt
  • Choice Privileges
  • Best Western Rewards

Perks like no blackout dates when redeeming free nights and rewards that can be used for hotel stays, airline tickets, rental cars, cruises and vacation packages helped to propel Marriott Bonvoy to the top spot. In addition, guests can choose from more than 7,000 hotels in more than 130 countries when using Bonvoy perks.

U.S. News also took a look at the best airline rewards programs. Factors like flight options, network coverage and the effort it takes to earn free flights were all looked at while developing this ranking. Take a look at the top five:

  • Alaska Airlines Mileage Plan
  • Delta SkyMiles
  • JetBlue TrueBlue
  • United MileagePlus
  • American Airlines AAdvantage

Perks like the fact that you can earn and redeem Mileage Plan miles using flights from Alaska Airlines and 18 other partner airlines helped to put Alaska's plan in first place. Also, members can earn tons of miles when they shop at specific retail spots, rent cars and book hotel rooms. The redemption process is also pretty flexible.

Scott Dylan is a contributing writer at GET.com and has been to (almost) every country in North, Central and South America with nothing more than a backpack, a laptop and the desire to explore. He speaks Spanish fluently and has logged enough time in planes, trains, rideshares, buses, taxis and rickshaws to know how to rack up rewards and points to get anywhere his heart desires for pennies on the dollar. Email: scott.dylan@get.com.