A hotel chain is a group of hotels owned by one company. A hotel chain manages several hotels across different locations. They can be partial or total owners of the hotels, and they manage administration, promotion, and marketing.The chain provides similar services as a franchise in terms of management, for instance the brand, reservation system, and others, but in addition there is an agency agreement, meaning the brand operates the hotel and making day to day decisions on behalf of the owner. There are some hotels that exist as hotel chains in different parts of the world making them the shakers and movers of the hospitality industry.
The Largest Hotel Chains in the World
Wyndham hotel worldwide is the biggest hotel chains in the world by the number of hotels, having 8,092 hotels in 66 different countries found on six continents. Initially, Wyndham was founded in 1981 by Trammell Crow in Dallas, Texas as Wyndham Hotel Corporation but was later redeveloped as Wyndham Worldwide in 2006. The headquarters for Wyndham Worldwide are based in Parsippany-Troy Hills in New Jersey, United States. Wyndham Worldwide prides itself with more than 40,000 employees and their numerous hotels under 15 brands. The Wyndham group is best known for rewarding its frequent customers with loyalty points in over 7,700 Wyndham hotels worldwide, offering free airline tickets, gift cards, free nights, and much more. In 2013, Wyndham worldwide had revenues of $ 5,009.0 million and total assets valued at $ 9,741.0 million.
Founded in 1927 by John Willard Marriott as Marriott Corporation, Marriott International is the world's third largest chain of hotels with 5,974 hotels in more than 110 countries. The multinational diversified hospitality company with over 199,929 employees is currently headed by Bill Marriott, a son to John Marriott. The company's headquarters are based in the Washington, DC suburb of Bethesda, Maryland. Marriott International was incorporated following the division of Marriott Corporation into two companies, the Host Marriott Corporation and Marriott International. Aside from luxury and hospitality, Marriott International also involves itself in social issues such as poverty eradication, community development, child care, environment and global diversity.
Hilton Worldwide founded in 1919 in Cisco Texas by Conrad Hilton is an American multinational hospitality company currently headed by Christopher J. Nasseta. Hilton Worldwide is the fifth largest hotel chains in the world with 4,727 hotels in 104 countries and territories. With 14 brands across different market sectors, Forbes ranked Hilton Worldwide number 36 among the United States largest privately held companies before their IPO in December of 2013. The company's headquarters are situated in Beverly Hills, California, and it prides itself on having approximately 164,000 employees in 2015. Hilton Worldwide has a total of 4,922 hotels as of December 2016.
Best Western Hotels
Best Western International is the seventh largest hotel chains in the world with 4,196 hotels and motels worldwide, half of which are located in North America. Best Western International is currently headed by CEO David Kong and was founded in 1946 by M. K. Guertin. Best Western International is considered one of the fastest growing hotel chains in Asia and the Middle East with revenue of $6 billion in 2012. In 2011, Best Western customized its slogan to 'the world's largest hotel family' from "the world's largest hotel chain". The company also changed its branding system in 2011 to a new system with three tiers which include Best Western, Best Western Plus, and Best Western Premier. With about 1,254 employees in 2012, the company's headquarters are based in Phoenix, Arizona, in the United States.
Other chain Hotels
There are other large hotel chains in the world with more properties in different locations and countries worldwide. Other popular large hotel chains include Choice Hotels which ranks number two with 6,429 hotels, and the Intercontinental Hotels Group ranked at number four with 5,070 hotels among others.
The Largest Hotel Chains in the World
|Rank||Hotel Chain||Number of Properties|
|4||InterContinental Hotels Group||5,070|
|7||Best Western Hotels||4,196|
|8||Jin Jiang International||3,090|
|11||Carlson Rezidor Hotel Group||1,112|
|13||La Quinta Inns and Suites||889|
|15||Hyatt Hotels Corporation||667|