Posted by Top 10 largest hotel chains in the world
The global hospitality industry is a vibrant and dynamic sector that caters to the ever-growing demands of travelers worldwide. Within this vast landscape, several major hotel companies have emerged as titans, commanding extensive portfolios of hotels and resorts across multiple continents. These industry leaders have not only redefined luxury and comfort but have also played a pivotal role in shaping the way we experience travel and accommodation.
In this blog post, we embark on a fascinating journey to uncover and explore the major hotel companies that dominate the global hospitality landscape. From renowned luxury brands to innovative boutique chains, we will delve into the success stories, strategic initiatives, and unique characteristics that distinguish these giants of the hotel industry.
Join us as we peel back the layers and get an insider’s glimpse into the operations, brand philosophies, and contributions of these influential companies. Whether you’re a curious traveler, a hospitality enthusiast, or a prospective hotelier, this exploration will offer valuable insights into the key players who set the standards and redefine hospitality excellence on a global scale.
So, let’s embark on this exciting expedition to discover the major hotel companies that continue to shape the world of travel, one unforgettable experience at a time.
Top 10 Major Hotel Companies in the World
1. Marriott International:
Topping the list, Marriott International is the largest hotel chain globally, boasting a staggering portfolio of 7,642 hotels comprising 1,423,044 rooms across 131 countries and territories. With a growth rate of 3.1% in 2021, Marriott continues to set new standards for the industry.
Marriott International boasts an astounding portfolio of 30 distinct brands, ranging from luxury to budget-friendly options. From iconic names like The Ritz-Carlton, JW Marriott, and W Hotels to popular brands like Courtyard by Marriott and Residence Inn, Marriott offers a diverse range of accommodations to cater to every traveler’s needs and preferences.
2. Jin Jiang:
The Chinese powerhouse, Jin Jiang, manages over 10,000 hotels with nearly 1.1 million rooms. It witnessed a remarkable growth rate of 6.7% in 2021, solidifying its position as the second-largest hotel chain in terms of room offerings.
One amazing fact about Jin Jiang Hotels is its remarkable growth and expansion in a relatively short period of time. Despite not being as well-known globally as some other hotel chains, Jin Jiang has achieved incredible success within the industry. Here’s the amazing fact:
In just a few years, Jin Jiang Hotels has become the second-largest hotel chain in the world in terms of the number of hotels managed. With over 10,000 hotels under its management, the Chinese company has rapidly established a massive presence both domestically and internationally. This extraordinary growth demonstrates Jin Jiang’s ability to adapt to changing market dynamics and its commitment to providing quality accommodations to travelers around the world.
3. Hilton Hotels:
Hilton Hotels, the renowned American brand, secured the third spot with 1,010,257 rooms across its extensive portfolio. With continuous expansion, particularly in the United States, Hilton added over 600 hotels in 2021, achieving a growth rate of 4.9%.
Hilton Hotels, founded by Conrad Hilton in 1919, holds the distinction of being the first-ever hotel chain to introduce the concept of a multi-hotel reservation system. In 1947, Hilton implemented the innovative “HILTRON” system, which enabled centralized reservations across multiple Hilton properties. This groundbreaking technology revolutionized the way hotel reservations were made, streamlining the process and making it more efficient for both guests and hotel staff.
This visionary step by Hilton Hotels set the stage for the modern hotel booking systems that we rely on today. It not only transformed the company’s operations but also laid the foundation for the industry-wide adoption of centralized reservation systems, making hotel bookings more convenient and accessible for travelers worldwide. Hilton’s commitment to innovation and guest-centric services has played a significant role in shaping the way we experience and book hotels, leaving an indelible mark on the hospitality landscape.
4. InterContinental Hotels Group (IHG):
IHG holds the fourth position with almost 6,000 hotels and 886,036 rooms worldwide. While the growth rate for IHG was relatively modest at 0.3% between 2020 and 2021, it remains a prominent player in the industry.
5. Wyndham Hotels and Resorts, Inc:
Wyndham, an American hotel group, possesses 8,941 hotels and 795,909 rooms, earning it the fifth spot. Despite a 4.2% reduction in its room offerings, Wyndham continues to make its mark on the global stage.
6. Accor Group:
As a French hotel chain, Accor Group operates over 5,000 hotels worldwide, with a room count exceeding 750,000. With a consistent annual growth rate of 3.1%, Accor has cemented its reputation as a trusted name in the industry.
7. Huazhu Hotels Group:
Another significant player from China, Huazhu Hotels Group, experienced exceptional growth in 2021, expanding its room supply by an impressive 23.2%. With nearly 7,000 hotels and 607,137 rooms, Huazhu is a force to be reckoned with.
8. Choice Hotels:
Choice Hotels, an American franchiser, maintains its position as the eighth-largest hotel chain globally, operating 7,147 hotels with a total of 597,977 rooms. Their steady growth of 1.2% showcases their continued success.
Choice Hotels, an American franchiser, operates in more than 40 countries around the world, making it a truly global hospitality brand. With over 7,147 hotels under its portfolio, Choice Hotels offers a wide range of accommodations to cater to diverse traveler preferences and budgets.
What makes this fact even more remarkable is that Choice Hotels has achieved such extensive global presence through its franchise model. By partnering with local entrepreneurs and hoteliers, Choice Hotels has successfully expanded its brand and established a strong presence in various regions, allowing travelers to enjoy the familiarity and reliability of Choice Hotels’ brands wherever they go.
This remarkable global expansion showcases Choice Hotels’ ability to adapt to different markets, cultures, and customer demands while maintaining consistent quality and service standards. It highlights the brand’s commitment to providing accessible and comfortable accommodations to travelers worldwide, making it an exceptional player in the global hospitality industry.
9. OYO Hotels & Homes:
Despite facing challenges in the past year, the Indian chain, OYO, manages over 20,000 hotels with 449,000 rooms. Although it experienced a significant reduction in room supply by 54.3%, OYO remains a prominent player in the industry.
10. BTH Hotels:
Rounding out the top 10 is BTH Hotels, another Chinese hotel chain. With a growth rate of 6.6% between 2020 and 2021, BTH Hotels demonstrates its rising prominence within the global hospitality market.
In conclusion, the world of major hotel companies is a dynamic and ever-evolving landscape. From the industry-leading Marriott International, with its extensive portfolio and global presence, to the impressive growth of Jin Jiang and the pioneering spirit of Hilton Hotels, each company brings its own unique strengths and contributions to the hospitality industry.
These top hotel chains have demonstrated their ability to adapt to changing market trends, expand their reach globally, and provide exceptional guest experiences. Through their innovative approaches, sustainability initiatives, and loyalty programs, they continue to shape the future of hospitality.
Whether it’s the extensive franchise network of Choice Hotels or the remarkable global expansion of Accor Group, these major hotel companies have played a significant role in making travel more accessible and enjoyable for people around the world.
As the hospitality industry continues to evolve, it will be fascinating to see how these major hotel companies adapt to new challenges, embrace technology, and prioritize sustainability. One thing is certain: their influence and impact will continue to shape the way we experience travel and accommodation for years to come.
FAQs
What is the largest hotel company in the world?
The largest hotel company in the world is Marriott International. With an extensive portfolio of 30 brands and over 7,642 hotels worldwide, Marriott International leads the industry in terms of the number of available rooms.
What are the four main hotel groups?
The four main hotel groups, often referred to as the “Big Four” or “Big Hotel Groups,” are Marriott International, Hilton Hotels & Resorts, InterContinental Hotels Group (IHG), and Accor Group. These hotel groups are globally recognized and operate a wide range of hotel brands across various segments of the hospitality industry.
Which hotel brand is top in the world?
Currently, Marriott International holds the top position as the largest hotel brand in the world. With its extensive portfolio of brands, including The Ritz-Carlton, JW Marriott, and Courtyard by Marriott, among others, Marriott International has a global presence and offers diverse accommodation options for travelers.
Which is the No 2 hotel chain in the world?
The second-largest hotel chain in the world is Jin Jiang, a Chinese hotel company. With over 10,000 hotels under its management, Jin Jiang has rapidly expanded its presence both domestically and internationally, solidifying its position as a significant player in the global hospitality industry.