THE MORE THINGS CHANGE IN THE GLOBAL HOTEL INDUS- TRY , THE MORE THINGS STAY THE SAME IN HOTELS ’ ANNU- AL RANKING OF THE WORLD ’ S BIGGEST HOTEL COMPANIES .
The top 10 chains remain the same in this year ’ s ranking , with only one change : Choice Hotels International leap-frogged Accor into the number 5 spot .
Emerging China-based companies continue to climb the list , but the hotel world will need to witness a serious merger or acquisition to disrupt the current order of the industry ’ s giants .
On the following pages check the list of the top 300 corporate hotel companies , as well as the top 25 consortia representing the valiant independent hotels of the world . www . hotelsmag . com July / August 2013 HOTELS 21