Top 10 Hotel Chains in the World in 2021 by No. of Properties
Wyndham Hotels & Resorts Inc, Marriott International Inc, Shanghai Jin Jiang Capital Co Ltd, Choice Hotels International Inc, and Hilton Worldwide Holdings Inc are the top 5 hotel chains in the world in 2021 by no. of properties. Cumulatively, the top 10 hotel chains in the world reported 58,875 properties, where the highest number of properties was reported by Wyndham Hotels & Resorts Inc (8,140), followed by Marriott International Inc (7,882) and Shanghai Jin Jiang Capital Co Ltd (7,694), while Hyatt Hotels Corp (1,278) stood the lowest. In terms of the geographical split, 5 out of the top 10 hotel chains in the world are based in North America, while 3 are based in Asia, and the remaining 2 are based in Europe. They employed a total of 569,597 people in 2021. The United States of America-based Wyndham Hotels & Resorts Inc is the leading hotel chain in the world in 2021 (by no. of properties). The company reported revenues of $1,565 million for the fiscal year ended December 2021 (FY2021), an increase of 20.4% over FY2020. The company is a hospitality service provider that owns and operates hotels, resorts and restaurants. The company’s services include accommodations services, rooms and suites, dining services, online booking services, swimming pools, business center, dining and entertainment, health activities and sports, hotel info and services, and transportation and parking. It employs 8,000 people in 2021. Marriott International Inc is one of the leading hotel chains in the world in 2021 (by no. of properties) The company reported revenues of $13,857 million for the fiscal year ended December 2021 (FY2021), an increase of 31.1% over FY2020, due to an increase in gross fee revenues by US$230 million, owing to higher comparable systemwide RevPAR as a result of an increase in occupancy and ADR. It is a hospitality service provider that operates hotels and restaurants. It operates, franchises, and licenses hotels, residential and timeshare properties under several luxuries, premium, and select brand names. In FY2021, Marriott served customers under 30 hotel brands in 139 countries and territories and employs 120,000 people.