Top 20 Largest Hotel Chains in the World
These big-name companies own the largest amount of hotel chains with locations across the world. A hotel chain is a collection of hotels in several places that are owned in part or entirely by the same corporation. The chain’s management, administration, promotion, and marketing are all handled by the same business. Some hotels operate as hotel chains in many regions of the world, making them movers and shakers in the hospitality sector. Here are Top 20 Largest Hotel Chains in the World.
The Largest Hotel Chains In The World
Wyndham Worldwide is the world’s largest hotel network by number of hotels, with 8,092 properties in 66 countries across six continents. Trammell Crow started Wyndham Hotel Corporation in 1981 in Dallas, Texas, however it was later redesigned as Wyndham Worldwide in 2006. Wyndham Worldwide’s headquarters are located in Parsippany-Troy Hills, New Jersey, USA. Wyndham Worldwide is proud of its over 40,000 workers and its multiple properties under 15 brands. The Wyndham hotel chain is most known for rewarding repeat guests with loyalty points in over 7,700 Wyndham hotels worldwide, which may be used to get free airline tickets, gift cards, free nights, and other perks. In 2013, Wyndham worldwide had revenues of $ 5,009.0 million and total assets valued at $ 9,741.0 million.
Marriott International, founded in 1927 as Marriott Corporation by John Willard Marriott, is the world’s third-largest hotel chain, with 5,974 properties in more than 110 countries. Bill Marriott, John Marriott’s son, presently leads the international diversified hospitality firm with over 199,929 workers. The company’s headquarters are in Bethesda, Maryland, a Washington, DC suburb. Marriott International was formed after Marriott Corporation was split into two entities, the Host Marriott Corporation and Marriott International. Marriott International is involved in social concerns such as poverty eradication, community development, childcare, the environment, and global diversity, in addition to luxury and hospitality.
Hilton Worldwide, founded in 1919 by Conrad Hilton in Cisco, Texas, is an American worldwide hospitality firm led by Christopher J. Nasseta. With 4,727 properties in 104 countries and territories, Hilton Worldwide is the world’s fifth biggest hotel network. Before its IPO in December 2013, Forbes listed Hilton Worldwide as the 36th biggest privately owned company in the United States, with 14 brands across several market sectors. The company’s headquarters are in Beverly Hills, California, and it boasts around 164,000 workers in 2015. As of December 2016, Hilton Worldwide had 4,922 hotels.
Best Western Hotels
Best Western International is the world’s seventh-largest hotel chain, with 4,196 hotels and motels, half of which are in North America. Best Western International was started in 1946 by M. K. Guertin and is presently led by CEO David Kong. Best Western International, with $6 billion in revenue in 2012, is regarded as one of the fastest-growing hotel brands in Asia and the Middle East. Best Western changed their motto from “the world’s largest hotel chain” to “the world’s largest hotel family” in 2011. In 2011, the firm also switched to a new branding scheme with three tiers: Best Western, Best Western Plus, and Best Western Premier.
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Chain Hotels Are Attractive To Customers
Customers are drawn to chain hotels for a variety of reasons. Customers trust such hotels for a nice and secure stay because of their brand value. Because most of these hotels are managed by the same people, clients know what to anticipate after staying in one of them. These hotels also provide several discounts and incentives to its repeat clients, which encourages them to stay at such establishments.
What is the Largest Hotel Chain in the World?
With 8,092 hotels in 66 countries, Wyndham Hotel Worldwide is the world’s largest hotel network by number of hotels.
The Largest Hotel Chains in the World
|Number of Properties
|InterContinental Hotels Group
|Best Western Hotels
|Jin Jiang International
|Carlson Rezidor Hotel Group
|La Quinta Inns and Suites
|Hyatt Hotels Corporation