Top 10 major hotel companies in the world for 2022 – CEOWORLD magazine

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On this article, you’ll learn which lodge corporations are main forces within the international lodge marketplace for 2022.

  1. Marriott Worldwide After all, Marriott Worldwide, the American multinational firm within the lodge trade leads the checklist with the Prime 10 main lodge corporations on the earth for 2021. Marriott is the biggest lodge chain on the earth by the variety of obtainable rooms. It has 30 manufacturers with 7.642 accommodations together with 1.423.044 rooms in 131 international locations and territories. Between 2020 and 2021 the variety of Marriott Worldwide rooms elevated from 1.358.400 to 1.400.289 rooms, recording a rise of three.1%.

    Marriott International

    See more: Largest hotel chain in the world

  2. Jin Jiang With extra accommodations than Marriott Worldwide however much less rooms, Jin Jiang is the second largest lodge chain on the earth when it comes to room choices. In 2021, based on newest information the Chinese language firm manages greater than 10.000 accommodations with virtually 1.100.000 rooms, recording a progress of 6.7%, in comparison with final yr.
  3. Hilton Lodges Hilton Lodges is the third largest lodge chain on the earth. Between 2020 and 2021 greater than 600 accommodations have been added to the corporate’s portfolio. The expansion of this group stays sturdy, primarily in america. In 2021 Hilton Lodges operates 1.010.257 rooms. This quantity has elevated 4.9%, in comparison with final yr. Web earnings was $240 million for the third quarter of 2021, based on monetary outcomes. Hilton added 14.700 rooms within the third quarter, contributing to 11.200 internet further rooms throughout the interval and roughly 6.6% annualized internet unit progress from September 30, 2020.
  4. InterContinental Lodges Group (IHG) At the moment, InterContinental Lodges Group is No. 4 worldwide. The Group recorded “weak” progress of solely 0.3% between 2020 and 2021. It’s price mentioning that, in 2020 for IHG, a 52.5% discount in RevPAR led to working revenue from reportable segments falling by 75%. InterContinental Lodges Group has virtually 6.000 accommodations and 886.036 rooms in its portfolio.
  5. Wyndham Lodges and Resorts, Inc The Wyndham Lodges and Resorts is the fifth largest on the earth. The American lodge group «noticed» a 4.2% drop in its room supply, making it the one western lodge group within the high 10 with the bottom variety of rooms, in comparison with final yr. These days, the Wyndham Lodges and Resorts owns 8,941 accommodations with 795,909 rooms. The lodge firm is predicated in Parsippany, New Jersey and income for fiscal yr ended December 31, 2020 reached 1.300 billion {dollars}.
  6. Accor Group This French lodge chain has greater than 5.000 accommodations worldwide. The variety of Accor Group rooms is over 750.000, with an annual enhance of three.1% within the room supply. Progress has remained secure for a few years, with the Accor group rising by about 3% between 2019 and 2020. Lately was introduced that Accor grew to become an official associate of the Olympic and Paralympic Video games Paris 2024.
  7. Huazhu Lodges Group Huazhu Lodges Group is one other Chinese language lodge group with numerous accommodations and rooms in its portfolio. The headquarter is in Changning District, Shanghai. It was based in 2005. The chain operates virtually 7.000 accommodations and has 607.137 rooms. Progress in comparison with 2020 was extraordinarily excessive and between 2020 and 2021 the rise in room provide amounted to 23.2%.
  8. Selection Lodges Recording a worldwide enhance in room supply of 1.2%, the American franchiser Selection Lodges has not moved from eighth place within the rating. For 2021 the lodge chain has 7.147 accommodations, with a complete supply of 597.977 rooms. Selection Lodges operates in additional than 40 international locations all over the world. Third quarter in 2021 home RevPAR exceeded steering and grew 11.4% above 2019 ranges, awarded 89 new home franchise agreements within the quarter, a ten% enhance from the identical interval of 2020.
  9. OYO Lodges & Houses It’s an Indian lodge chain that got here via numerous issues within the final yr. Thus, its room supply is diminished by 54.3%, in comparison with final yr. The corporate which was based in 2013 had some critical issues in China and Europe that brought about this big loss in room provide. In comparison with the rating of the highest 10 lodge chains of 2020, OYO has misplaced 7 locations and is now in ninth place. OYO nonetheless operates greater than 20.000 accommodations with 449.000 rooms.

    OYO Hotels

  10. BTH Lodges BTH Lodges is the third Chinese language lodge chain within the checklist of high 10. This chain, like Jin Jiang and Huazhu, achieved excessive progress this yr in comparison with 2020. Room provide elevated by 6.6% between 2020 and 2021.

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