1. Marriott International
Marriott International is the American multinational hotel industry and is the largest hotel chain in the world. It was founded in 1927 and has its headquarters in Bethesda, Maryland. It owns, franchises, and licenses hotels, residential properties, and timeshare properties. Marriott operates 8,000 properties with 1,423,044 rooms under 30 brands in 139 nations and territories. Out of these 8,000 properties, 2,149 are managed by Marriott, and 5,493 are managed by third parties in accordance with franchise agreements.
Additionally, the company manages 20 hotel reservation centers. Hotel Alfonso XIII, Gritti Palace Hotel, IVY Hotel + Residences, Hotel Imperial, ITC Grand Chola, Marqués de Riscal Hotel, The Nines, Palace Hotel, San Francisco, The Park Tower Knightsbridge Hotel, Phoenician Resort, Hotel President Wilson, The St. Anthony Hotel, and Royal Hawaiian Hotel are among the notable properties under Marriott International’s “The Luxury Collection” hotel brand.
The brand was in operation at 118 hotels with 23,243 rooms as of December 31, 2020. The Luxury Collection is notable for being the first hotel chain with a “soft brand”. The majority of the brand’s hotels are in old hotels or palaces that have been converted into hotels. On CNN’s 2012 list of the World’s 15 Most Expensive Hotel Suites, the Royal Penthouse Suite at the Hotel President Wilson in Geneva, which is part of The Luxury Collection and costs US$65,000 per night, is at the top of the list.
2. Hilton Hotels
Hilton Hotels & Resorts is the flagship brand of the American multi-national hospitality company Hilton. It is a global brand of full-service hotels and resorts, and is one of the largest hotel chains in the world. It was founded in 1919, with headquarters in McLean, Virginia, USA. 584 Hilton Lodgings and Resorts properties with 216,379 rooms in 94 nations and regions were spread across all continents(except Antarctica) as of December 30, 2019. This includes 219,264 rooms in 61 owned or leased properties, 119,612 rooms in 272 managed properties, and 77,451 rooms in 251 franchised properties.
Based on employee satisfaction, Fortune magazine placed Hilton Lodgings and Resorts at the top of its Fortune List of the Top100 Companies to Work For in 2020. By 2021, more than 600 hotels were added to the Hilton Hotel Group, with 1,010,257 rooms in operation. Last year in 2022, this number increased by 4.9%. With locations in major cities, close to airports, convention centers, and popular vacation destinations worldwide, the brand caters to both business and leisure travelers.
Hilton’s guest loyalty program, Hilton Honors, is something that Hilton Hotels & Resorts is a part of. Individuals who book straightforwardly through Hilton-claimed channels get selective services like free Wi-Fi, computerized registration, keyless section, and the capacity to utilize a versatile application to pick explicit rooms.
3. Hyatt Hotels Corporation
The Hyatt Hotels Corporation, or Hyatt Hotels & Resorts as it is more commonly known, is a multinational American hospitality company with its headquarters in Chicago’s Riverside Plaza. It operates luxury and business-class hotels, resorts, and vacation rentals as well as franchises them. The Hyatt Company appeared upon acquisition of the Hyatt House, at Los Angeles Global Airport, on September 27, 1957. Hyatt began expanding internationally in 1969 and gradually became one of the largest hotel chains in the world that offers best services to its guests.
AmeriSuites, which was later rebranded as Hyatt Place, was acquired by Hyatt in 2004, followed by Summerfield Suites, which was later rebranded as Hyatt House, in 2005, and Two Roads Hospitality, which was acquired in 2018. Hyatt Hotels Corporation paid $2.7 billion to acquire Apple Leisure Group (ALG), which is a luxury resort management services, travel, and hospitality company, from affiliates of KKR and KSL Capital Partners. Over 33,000 rooms are included in ALG’s hotel portfolio, which operates in ten nations. With this deal, Hyatt will now have a presence in 11 more European countries. Over 1350 Hyatt hotels and all-inclusive resorts can be found in 69 nations on six continents.
Hotels under Hyatt brand have traditionally served business or upscale customers; Its hotels were either boutique or full-service. Grand Hyatt and Park Hyatt were added to Hyatt’s portfolio in 1980, and in 1995, the company entered the vacation ownership market. In 2006, Hyatt launched the Hyatt Place brand, a limited-service option for business travelers. Hyatt House was the company’s first select-service property, primarily targeting long-term travelers at a lower cost.
4. Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc. is a US hotel chain with headquarters in Parsippany, New Jersey. With 9,280 locations, it claims to be the largest hotel franchisor in the world. Baymont, Days Inn, Howard Johnson, La Quinta, Ramada, Super 8, Travelodge, and Wyndham are among the 20 hotel brands in its portfolio. Wyndham Hotel Group was a division of Wyndham Worldwide with over 9,000 hotels under 21 brands in over 75 countries competing in economy-to-upscale brand markets. It employed more than 40,000 people worldwide.
Wyndham Hotel Management provides luxury hotels with hotel management services. For $150 million in 2008, Global Hyatt Corporation sold U.S. Franchise Systems to Wyndham, the owner of the Microtel and Hawthorn Suites brands. In 2008, Wyndham acquired the Exel Inn chain from Wisconsin and rebranded all 22 of its properties. Wyndham Hotels & Resorts has 24 brands that can be found in six different categories, these are: Distinctive, Upscale, Lifestyle, Midscale, Economy, and Extended Stay.
5. IHG Hotels & Resorts
Known as IHG Hotels & Resorts, InterContinental Hotels Group (IHG) is a British multinational hospitality company with its headquarters in Windsor, England. IHG claimed over 5,400 hotels in 2012, including 907 managed by the company but independently owned and eight directly owned, of which 4,433 were operated under franchise agreements. IHG has 5,656 hotels and 842,759 guest rooms in nearly 100 countries as of March 31, 2019.
IHG operate 18 brands which are marketed under 5 segments: Luxury & Lifestyle, Premium, Essentials, Suites, and Exclusive Partners.
Hotels, resorts, and vacation properties are owned, managed, and franchised by the French multinational hospitality company Accor S.A. It is one of the largest hotel chains in the world and the largest hospitality company in Europe. Accor works in 5,300 areas in 110 nations and has approximately 777,714 rooms in total capacity.
It owns and operates brands in numerous hospitality industry sectors: Premium (MGallery, Pullman, Swissôtel), midrange (Novotel, Mercure, Adagio), luxury (Raffles, Fairmont, Sofitel), and economy (ibis, hotelF1). Onefinestay, D-Edge, ResDiary, John Paul, Potel & Chabot, and Wojo are among the digital hospitality and event management companies owned by Accor.
During the 90s, Accor moved its interest towards premium-luxury brands, and moved towards a model to focus on product and brand management, as opposed to property management. The group was still able to invest in less profitable but strategic upscale and luxury brands because economy and midscale brands remained its cash cow. Accor purchased 20% of the Polish hotel organization Orbis. In 2002, Accor got in Mexico. and acquired a 28.9% stake in the French company that operates all-inclusive vacations, Club Méditerranée, in 2004.
7. Choice Hotels
The Rockville, Maryland-based multinational hospitality company Choice Hotels International, Inc. is based in the United States. The organization, which is one of the largest hotel chains in the world, claims a few inn brands going from upscale to economy. By 2020, Choice Hotels has franchised more than 7,100 hotels with nearly 600,000 rooms in more than 40 countries and territories. All of Choice Hotels’ hotels now have non-smoking rooms, toll-free reservations that can be made 24 hours a day, Internet-based property management systems, and the industry’s first iPhone app, among other new features.
In 2013, the company established a division known as SkyTouch Technology, which sells Choice Hotels’ property management system to other hotel chains, as a result of its technological advancements. Choice Hotels made a multi-year investment of millions of dollars in 2014 to launch the industry’s first new global reservations and distribution platform in 27 years. choiceEDGE, a cloud-based system, debuted in 2018. Voice search and artificial intelligence can be integrated into the system.
In 2018, Choice Hotels extended the quantity of inn brands that it diversified by gaining WoodSpring Suites, a long-term visit economy inn brand. Adding WoodSpring’s 240 lodgings across the U.S. significantly increased the quantity of all-inclusive lodgings in the organization’s portfolio to around 350 properties. There are Choice Hotels-branded hotels in more than 40 countries and territories as of 2018, including hotels in Scandinavia, Europe, Asia-Pacific, and the Middle East.
In 2018, Choice Hotels signed a contract with Sercotel, a Spanish hotel operator, to expand its presence in Spain and Latin America. Choice Hotels agreed to acquire Radisson Hotels for $675 million on June 13, 2022.
8. OYO Rooms
OYO Rooms is an Indian multinational hospitality chain that offers leased and franchised hotels, homes, and living spaces and is more commonly referred to as OYO. Ritesh Agarwal established OYO in 2012, at first focusing primarily on budget hotels. As of January 2020, it has in excess of 43,000 properties and 10 lakh (1 million) rooms across 800 urban communities in 80 countries, including India, Malaysia, the UAE, Nepal, China, Brazil, Mexico, the UK, Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, and the US.
The organization is financially backed by incorporates like SoftBank Gathering, Didi Chuxing, Greenoaks Capital, Sequoia India, Lightspeed India, Legend Endeavor, Airbnb and China Housing Gathering. In April 2019, the organization declared the launch of OPEN program, a drive for its accomplice lodgings to assist them with arriving at their business objectives. In addition, a new version of the Co-OYO app was released for hotel partners to provide complete visibility into all customer and business metrics.
In June 2021, Oyo Rooms teamed up with Yatra, Airbnb, and EaseMyTrip to shape the Confederation of Cordiality, Innovation and The travel Industry (CHATT), an industry body for the travel industry area of India. OYO Rooms uses multiple brands. These are some: OYO Townhouse, OYO Vacation Homes, OYO Home, Capital O, SilverKey, Palette, OYO LIFE, Collection O, YO! HELP, and OYO 360.
9. Jinjiang International
It is a China-based state-owned tourism and hospitality company. The Jinjiang Hotel, Peace Hotel, Park Hotel, and Metropole Hotel are all owned by the same company in Shanghai. The Jinjiang Inn, Bestay Hotel Express, and Magnotel are two of the group’s other chain hotels. Jin Jiang International Hotels Development Co. bought Europe’s Groupe du Louvre from Starwood Capital Group for 1.21 billion euros in January 2015.
One of the largest hotel groups in the world was established when Jin Jiang International Hotels Development Co. bought 81% of Keystone Lodging Holding, which possesses Plateno Hotels Group, 7 Days Inn, and ZMAX. Jinjiang International owns a 50% stake in Interstate Hotels and Resorts, which oversees 382 hotels and resorts across ten nations in North America, Europe, and Asia. One of the largest hotel chains in the world, Shanghai Jin Jiang International Hotels (Group) is the largest hotel brand in China. It owns and manages more than 380 lodgings and inns in major Chinese cities, including the Peace Hotel and Jinjiang Inns.
In 2018, Jinjiang International led a group that bought Radisson Hotel Group, the former Carlson Rezidor Hotel Group, from HNA Group, a Chinese company.
10. Huazhu Hotels Group
China’s Huazhu Hotels Group Ltd is a hotel management firm. It was ranked as the seventh largest hotel chain in the world in 2021. Huazhu Hotels Group have 6,187 properties in 16 countries as of June 2020. Hanting Inns or China Lodging Group Limited were its previous names. The main office of the business is in Shanghai’s Minhang District. The founder, Ji Qi, stated that he read a book about Accor and had the idea to start the chain. The company had approximately 1,000 properties and four brands in China in 2012.
In France, Huazhu Hotels Group entered into a long-term strategic alliance agreement with Accor in December 2014. In January 2016, the agreement was concluded. Huazhu has to manage Mercure, Novotel, Mercure, Ibis Style, and Ibis in China and Mongolia as per the agreement. 300 economy and mid-range hotels have opened in China under franchise agreements, mostly under the Ibis, Novotel, and Mercure brands. Huazhu Hotels Group’s China Lodging Holding Singapore subsidiary has acquired a 100% equity stake in Deutsche Hospitality (DH). DH’s significant inn brands incorporate Steigenberger Lodgings and Resort, Maxx by Deutsche Friendliness, IntercityHotel, Jaz in the City, and Zleep Inns.