Top 10 Hotel Chains in South & Central America in 2021 by No. of Properties
Accor SA, Wyndham Hotels & Resorts Inc, Marriott International Inc, Grupo Hotelero Cubancan S.A., and Hotel Nacional Inn are the top 5 hotel chains in South & Central America in 2021 by no. of properties. Cumulatively, the top 10 hotel chains in South & Central America reported 1,013 properties, where the highest number of properties reported by Accor SA (402), followed by Wyndham Hotels & Resorts Inc (122) and Marriott International Inc (81), while Melia Hotels International SA (42) stood the lowest. In terms of the geographical split, 7 out of the top 10 hotel chains in South & Central America are based in North America, while 2 are based in Europe, and the remaining 1 is based in South America. They employed a total of 455,053 people in 2021. France-based Accor SA is the leading hotel chain in South & Central America in 2021 (by no. of properties). The company reported revenues of $2,606 million for the fiscal year ended December 2021 (FY2021), an increase of 36% over FY2020, due to the removal of covid-19 tourism restrictions in the North-East coast of the country. It is involved in the hospitality business. It manages and franchises hotels under the luxury and upscale, midscale, and economy brands. As of December 31, 2021, the group operated 5,298 hotels with an inventory of 777,714 rooms operating in more than 110 countries and it employs 158,604 people. The United States of America- Wyndham Hotels & Resorts Inc is one of the leading South & Central America 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 20.38% 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 8000 people.