The Top 5 Worldwide Hotel Chains with the Most Hotels
| Chain | Number of Hotels | Percent Change (from 1995) |
|
|---|---|---|---|
1 |
Wyndham Worldwide (United States) |
6,544 hotels | 55.51% |
2 |
Choice International (United States) |
5,516 hotels | 64.26% |
3 |
Best Western (United States) |
4,035 hotels | 18.36% |
4 |
InterContinental (UK) |
3,949 hotels | 105.14% |
5 |
Accor (France) |
3,857 hotels | 70.29% |
Sources: MKG Hotel Groups World Ranking 2008
List Notes: Data is hotel chains with the most hotels for the year 2010. Percent change is from the year 1995 to 2008. List last updated by www.top5ofanything.com November 19th, 2010.
- Travel & Tourism is the world's largest industry and creator of jobs across national and regional economies. WTTC/WEFA research show that in the year 2000, Travel & Tourism generated, directly and indirectly, 11.7% of GDP and nearly 200 million jobs in the world-wide economy. These figures are forecasted to total 11.7% and 255 million respectively in 2010.
- The US hotel and motel industry consists of about 40,000 companies that operate about 50,000 properties, with combined annual revenue of about $120 billion however the 50 largest companies generate about 45 percent of revenue.
- The G8 Hotels & Motels market (hotels in the G8 countries) grew by 6.1% between 2004 and 2008 to reach a value of $363.6 billion. In 2013, the market is forecast to have a value of $425.8 billion, an increase of 3.2% from 2008. The US is the world's largest hotel market and generates 39.9% of global revenues.
- In 2009 the U.S. lodging industry posted pre-tax profits of $16 billion - down from $25.8 billion in 2008 - and $127.2 billion in sales - down from $140.6 billion in 2008, according to the American Hotel & Lodging Association (AH&LA) Lodging Industry Profile (LIP), an annual statistical analysis of the industry. This $127.2 billion contributed to an overall $704 billion in tourism sales, with resident and international travelers' expenditures in the U.S. estimated at $1.9 billion per day; $80 million per hour; $1.3 million per minute; and $22,300 per second.
- The global hotels and motels industry grew by 8.2% in 2008 to reach a value of $509.4 billion.In 2013, the global hotels and motels industry is forecast to have a value of $623.8 billion, an increase of 22.5% since 2008. Domestic consumer segment dominated the global hotels and motels industry in 2008, generating 67.7% of the industry's overall revenues. Europe accounts for 40.9% of the global hotels and motels industry's value.
- U.N. Department of Economic and Social Affairs.(1999). "The Global Importance of Tourism." Retrieved Nov 19th, 2010.
- Research and Markets. (2010). "Hotel and Motel Lodging Report". Retrieved Retrieved Nov 19th, 2010.
- Datamonitor. (2010). "Hotels & Motels - Global Group of Eight (G8) Industry Guide" (summary) Retrieved Retrieved Nov 19th, 2010.
- Hotel Resource.com. (2010). "U.S. Lodging Industry's Six-Year Profitability Streak Comes to an End" Retrieved Nov 19th, 2010.
- Datamonitor. (2010). "Hotels & Motels: Global Industry Almanac".(summary) Retrieved Nov 19th, 2010.
Copyright © 2012 Steve Scott and Noel James Riggs. All rights reserved.


