SPECIAL FEATURE
THE GLOBAL HOTEL INDUSTRY CONTINUES TO GROW AND EXPAND . NEW BRANDS INTRODUCED , OTHERS CHANGING HANDS THROUGH M & A , ALL AGAINST A BACKDROP OF MUTED NEW DEVELOPMENT AND TRANSACTIONS , AS HIGHER INTEREST RATES HAVE HAD A KNOCK-ON EFFECT .
If it ’ s HOTELS Magazine ’ s July / August edition , then it ’ s The List issue , our global survey of the top hotel companies in the world , ranked by total number of rooms in operation , as of December 31 , 2023 . The ranking survey is a 100 % voluntary exercise , with HOTELS opening submissions to global hotel brands , management companies , owners and consortia .
Within the top 10 , no real changes or surprises , beyond H World Group and Wyndham Hotels & Resorts flip-flopping spots . Number one again , Marriott International , which grew its room count by 69,496 guestrooms , yet trails Jin Jiang International by 4,684 hotels , as the Chinese hotel mammoth continues to be the perennial leader by number of properties worldwide .
Subsequent to the global listing is our spotlight on top companies by number of hotels where , with 13,250 , Jin Jiang , as mentioned , reigns supreme , followed by H World Group and Wyndham Hotels & Resorts , with Hilton rounding out the top five . Within the top 10 , four are companies based in China .
Our final list lists the top 50 brands in the world by number of rooms . The leader : IHG ’ s Holiday Inn Express with more than 330,000 rooms globally . On its heels is Hampton by Hilton , trailing by less than 9,000 rooms . Meanwhile , H World Group has two brands in the top five , HanTing Hotel and Ji Hotel .
HOTELS would like to thank all companies that participated and hope you , the reader , find the information presented helpful and meaningful .
48 hotelsmag . com July / August 2024