William Huston, AIF®, AIFA®

Best Hotels Chains

The global hotel and resort sector reached its highest market size at $1.52 trillion in 2019. However, due to the impact of the coronavirus (COVID-19) pandemic, the market size dipped below $1 trillion in both 2020 and 2021.

Experts predicted the market size to rebound to $1.21 trillion in 2023 and to continue growing in 2024. As an investor considering the hospitality industry, it's crucial to closely monitor trends and forecasts within the sector and learn more about major hotel chains and destination hotels.

William Huston, AIF®, AIFA®

William Huston, AIF®, AIFA®

Key Takeaways
  • Hotel chains consist of hotels owned or managed by a single company, sharing the same brand name and upholding uniform standards.
  • Hotel brands, on the other hand, represent a collective identity crafted through marketing efforts, setting hotels apart from competitors.
  • Leading hotel chains and brands include Marriott International, Hilton Worldwide, Intercontinental Hotels Group, Mandarin Oriental, Park Hyatt, Radisson Hotel Group, Ritz-Carlton, Six Senses, and Wyndham Hotels & Resorts.
  • Bay Street Capital Holdings offers attractive investment opportunities in quality boutique hotels. These assets are at prime locations with high tourist traffic and they are expected to generate substantial returns.
Disclaimer

The contents of this article are for educational purposes only. They are not intended to be a source of professional financial advice. You will find experts on hotel investing and financial management here.

Invest in Bay Street brands

Are you a hotel investor seeking new chains and brands with promising growth potential? Look no further than the global luxury and boutique hotels project of Bay Street Capital Holdings. These projects offer prime investment opportunities that avoid saturated hotel brands.

Bay Street runs top-performing properties across various US locations, along with upcoming government-subsidized projects in high-traffic tourist spots like Portugal and the Bahamas. These assets have substantial expected returns on investments.

For example, RestHaven Tahoe is one of our properties nestled in a ski resort town. Ski resort towns host year-round festivals and events, and proximity to those activities contributes to increased revenues for properties like RestHaven Tahoe.

Curious to learn more about these investment opportunities?

Explore this page or schedule a meeting with us today.

What are hotel chains?

A chain comprises hotels owned or managed by a single company, often found in various locations or countries. These hotels share the same brand name and usually uphold uniform standards, policies, and amenities.

In contrast to independent hotels, chain hotels are affiliated with a group operated by the same company or owner. These hotels may be owned directly by a parent company or run under a franchise arrangement, depending on the business model.

What are hotel brands?

A hotel brand is a collective identity that unites a group of hotels in the eyes of consumers. This identity is crafted through marketing efforts, including designs, symbols, and language. Through their brand identity, hotels can set themselves apart from competitors.

In addition to the outward-facing brand identity presented to customers, hotel brands often establish specific quality standards and guidelines that each affiliated hotel must follow. This helps strengthen the overall brand identity.

Independent brands also exist, offering similar benefits to traditional brands such as marketing support and management expertise. However, they are generally less rigid in enforcing strict rules, regulations, or a strong brand identity on the franchisee or member hotel.

Hotel chains vs hotel brands

On one hand, we have hotel brands. A brand is a distinctive name, term, design, or characteristic that sets a company or its products apart from others in the market.

In the hotel industry, a brand represents a franchise or chain that maintains a uniform appearance, atmosphere, and customer service across various sites. Well-known hotel brands include Marriott, Hilton, and Hyatt.

On the other hand, a hotel chain usually operates under a single brand name and maintains consistent standards, policies, and amenities across all its properties.

Top 12 hotel chains and brands

Whether you're a traveler or an investor, these are some of the leading hotel brands in the world:

1. Choice Hotels International
Choice Hotels International

Choice Hotels International, Inc. is a multinational hospitality corporation headquartered in North Bethesda, Maryland, USA. It stands as one of the world's largest hotel chains, offering a variety of hotel brands from upscale to economy.

Operating as a global hotel franchisor, Choice Hotels International, Inc. grants franchise licenses to lodging establishments under its own brand names. These include Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria Suites, and Ascend Collection.

2. Four Seasons

Four Seasons, a renowned luxury hotel brand, is well known for its steadfast commitment to exceptional service and top-notch facilities. Its widespread presence in both vibrant urban centers and serene resorts makes it a favored option among luxury travelers worldwide.

Four Seasons is credited with revolutionizing and positively impacting the hotel industry in multiple ways. Launching operations with a singular focus of delivering the utmost in service standards, it has evolved into one of the globe's premier luxury hotel chains, earning worldwide recognition.

Four Seasons prioritizes ongoing innovation and, as a result, has experienced continuous growth and refinement. Established over 50 years ago in Canada, the hotel chain has become one of the most iconic brands globally, showing signs of further enhancement in various aspects.

3. Hilton Worldwide
Hilton Worldwide

Hilton's journey began in 1919. Owned by Hilton Worldwide Holdings Inc., this chain operates 6,215 hotels across 118 countries, and employs approximately 62,000 individuals worldwide.

Many of Hilton's properties are situated in popular tourist destinations, making it an attractive option for those seeking income in bustling urban centers or vibrant locales with ample attractions.

The company oversees several hotel brands, including luxury brands such as Conrad Hotels & Resorts, LXR Hotels & Resorts, Waldorf Astoria Hotels & Resorts; upscale brands including Canopy, Curio Collection, DoubleTree, Embassy Suites, Hilton Garden Inn, Hilton Hotels & Resorts, Homewood Suites, Signia, Tapestry Collection, Tempo; and midscale brands such as Hampton, Home2 Suites, Motto, and Tru.

4. Intercontinental Hotels Group
Intercontinental Hotels Group

IHG is a global hotel company dedicated to crafting exceptional hotels that guests adore. It stands as one of the world's leading hotel enterprises, boasting ownership of 929,987 rooms across over 6,261 hotels in nearly 100 countries.

With presence in over 100 countries and more than 6,261 hotels, IHG presents numerous opportunities for driven professionals in the leisure industry. IHG boasts a workforce exceeding 325,000 individuals worldwide, IHG prides itself on fostering a people-focused culture that prioritizes inclusivity, diversity, and collaboration.

The hotel company operates eleven distinct hotel brands, including InterContinental Hotels & Resorts, HUALUXE™, Crowne Plaza Hotels, Hotel Indigo, Holiday Inn, Holiday Inn Express, Holiday Inn Resorts, Holiday Inn Club Vacations, Staybridge Suites, Candlewood Suites, and EVEN™ Hotels.

5. Mandarin Oriental
Mandarin Oriental

Mandarin Oriental, known for its opulent hospitality and cultural richness, stands as one of the largest hotel chains globally, offering a fusion of service, elegance, and comfort. Its blend of oriental tradition and modern sophistication distinguishes it from the rest.

With its origin in Hong Kong, where its inaugural property opened in 1963, Mandarin Oriental has amassed over 50 years of expertise in delivering unparalleled service. This esteemed hotel brand is renowned for its majestic luxury and flawless service.

Mandarin Oriental is a five-star luxury hotel brand that is recognized worldwide for its commitment to exceptional hospitality and service. Their dedication is evident in the quality of accommodation, amenities, and ambiance offered.

6. Marriott International
Marriott International

Marriott International, Inc. is a big American company that runs hotels, houses, and timeshares. The company was started by J. Willard Marriott and his wife Alice Marriott, and is based in Bethesda, Maryland.

Marriott brands include Aloft Hotels, Autograph Collection Hotels, Bulgari Hotels & Resorts, Delta Hotels, Edition Hotels, Gaylord Hotels, JW Marriott, Le Meridien, Marriott Hotels & Resorts, Marriott Vacation Club, Renaissance Hotels, Sheraton, St. Regis, The Luxury Collection, The Ritz-Carlton, W Hotels, and Westin Hotels & Resorts.

7. NH Hotel Group
NH Hotel Group

NH Hotel Group is a multinational hotel company based in Madrid, Spain. The company manages more than 350 hotels in 35 countries, featuring renowned brands like Anantara, NH Collection, Tivoli, NH Hotels, Elewana Collection, and Avani. The company operates as a subsidiary of the Thailand-based multinational company, Minor International.

8. Park Hyatt

Park Hyatt, the prestigious 5-star hotel chain owned by Hyatt Hotels Corporation. It is renowned for its dedication to ensuring guests enjoy an unforgettable experience. With its presence spanning the globe, Park Hyatt offers a distinctive retreat that beats expectations, leaving visitors feeling revitalized and invigorated.

Park Hyatt is managed by the Hyatt Hotel Group, a name synonymous with luxury and exquisite travel experiences. A standout feature of Park Hyatt is that each hotel's style and character reflect the unique vibe and culture of its city, and this sets it apart from other luxury hotels.

Hyatt brands include Alua Hotels & Resorts, Andaz, Breathless Resorts, Dreams Resorts & Spas, Secrets Resorts & Spas, Sunscape Resorts & Spas, Thompson Hotels and more.

9. Radisson Hotel Group
Radisson Hotel Group

Radisson HG is a multinational hospitality company recognized for its Radisson brand and other hotel brands catering to various market segments. With a worldwide presence, Radisson Hotel Group strives to provide guests with unforgettable experiences and foster meaningful connections.

Guest well-being takes precedence at Radisson Hotel Group, which is evident in its commitment to offering nutritious seasonal menus across all its brands. Many establishments within the group feature fitness and wellness centers.

The attentive staff readily assists guests in planning their vacations and activities. Additionally, the Radisson Rewards loyalty program unifies all hotels under the company's umbrella, offering exclusive benefits to its members.

10. Ritz-Carlton
Ritz-Carlton

Ritz-Carlton stands out as one of the premier luxury hotel brands globally, boasting a prestigious legacy and presence in top-tier destinations like Paris, Tokyo, Hawaii, and Washington, DC.

Featuring suites adorned with breathtaking views, lavish interiors, and exquisite décor, Ritz-Carlton provides an experience that blends sophistication with contemporary flair, and prioritizes personalized service and guest contentment.

Moreover, Ritz-Carlton offers esteemed career prospects, with competitive benefits, advancement initiatives, and a firm commitment to maintaining work-life balance for its employees.

11. Six Senses

Six Senses, renowned for its dedication to sustainability and wellness, stands as a top-tier luxury hotel brand. It seamlessly combines luxury with health and wellness, and provides guests with a holistic and enriching experience.

Six Senses hotels, resorts, spas, and inns are upscale properties that offer guests a distinctive experience, allowing them to reconnect with themselves and nature. Whether situated in a tropical beach resort or nestled in a vibrant city center, Six Senses is committed to delivering a personalized experience to its clientele.

12. Wyndham Hotels & Resorts
Wyndham Hotels & Resorts

Wyndham Hotels & Resorts is a prominent hotel group that owns several of the largest hotel chains globally, such as Wyndham, Days Inn, Ramada, La Quinta, and Travelodge.

With over 9,000 hotels falling under their umbrella, Wyndham offers a range from budget lodging to extended stays and luxury resorts, Wyndham provides accommodations for various traveler preferences. Wyndham's widespread presence in guest accommodations worldwide makes it a favored choice among individuals seeking opportunities in the hospitality sector.

Which hotel chain has the most hotels in the world?

With a staggering 30+ brands, and over one and a half million rooms spanning across 138 countries, Marriott International holds the title of the largest hotel chain globally as of 2023.

Which hotel chain has the most rooms?

Marriott International takes the lead, maintaining its status as the global frontrunner for the seventh consecutive year. Boasting 0ver 30 brands, and over one and a half million rooms spread across 139 countries, Marriott remained the largest hotel chain worldwide in 2023.

Sources

https://luxuryhotel.com/guides/worlds-luxury-hotel-brands/ https://www.hotelminder.com/top-15-best-luxury-hotel-brands-in-the-world https://medium.com/travel-luxury-living/top-luxury-hotel-brands-in-the-world-19f627101dce

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