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HOTELS Giants: Despite pandemic, growth continues

In what is, indeed, a testament to the strength of travel and tourism, HOTELS annual ranking of the world’s biggest hotel companies held up just fine based on data at the end of 2020, and future expectations bode well for the future as pipelines remain robust. As Hilton CEO Chris Nassetta so aptly stated at an NYU virtual event late last year, “Travel is an unstoppable force.”

HOTELS annual ranking of the world’s biggest hotel companies has been slimmed down this year to 200 corporate companies and the usual 25 consortia. The threshold to make the listing now stands at close to 7,000 rooms. Follow this link to view the rankings.

Due to a lack of major mergers and acquisitions in 2020, there are no major changes in the ranking. However, we did remove Oyo from the listing as it was very difficult to substantiate their data and we do believe the Oyo business model is a bit of an outlier, making it hard to compare to other hotel companies. Nonetheless, it is worthy of note that its website boasts 1 million rooms and more than 43,000-member hotels.

The recently opened the 288-room Moxy Osaka Shin Umeda from the world’s biggest hotel company, Marriott International

Noteworthy movers in the ranking include Sonesta International Hotels Corp., which jumped to 51st in the ranking from 96th after making multiple deals with its parent, Service Properties Trust. Their ranking will likely significantly jump up again next year as this year’s data does not even include its 2021 final acquisition of Red Lion.

While there were other notable high flyers, what did not change is the top of the ranking, led by Marriott International. Hilton broke the 1 million room count, and what also remains noticeable is the growing number of Chinese hotel companies climbing the ranking.

There are stories aplenty to be found inside HOTELS annual list. On the pages ahead, find the movers that continue to grow their portfolios and see if you can identify the strugglers that might become acquisition targets.

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