HOTELS
SPECIAL REPORT
By JEFF WEINSTEIN , EDITOR IN CHIEF
DISRUPTORS LIKE OYO BREAK INTO THE RANKING IN A BIG WAY , WHILE CHINESE GIANTS SUCH AS STATE-OWNED JIN JIANG ASSERT THEIR DOMINANCE VIA ACQUISITION .
The makeup of the world ' s 325 biggest hotel companies is increasingly unfamiliar . It wasn ' t more than five years ago when then-Shanghai Jin Jiang stood with 235,000-plus rooms and some 1,500 hotels . Based on 2018 data , now-Jin Jiang International became the world ' s second-biggest hotel company , after its acquisition of Radisson Hotel Group ’ s more than 180,000 rooms and 1,100-plus hotels . With 941,794 rooms and more than 8,700 hotels , it surpassed Hilton . Then there is Oyo Hotels & Homes , a name virtually no one knew until 2018 , when its concept to better outfit and standardize budget accommodations gained serious traction in India . Now , via increased capital sourcing and dealmaking , it is growing rapidly in China and has its eye on the United States . It is a bit of a hybrid with a mix of hotels , rooms and vacation rentals , which makes for uneven comparisons , but it is not to be overlooked .
Marriott International , of course , remained king of the hill . Other big movers , such as Bangkok-based Minor International , grew via acquisition , in this case of NH Hotels .
On the pages ahead follow our ranking and note additional listings such as brand and hotel counts , as well as newcomers and drop-offs .
20 hotelsmag . com July / August 2019