The 10 largest hotel chains in the US offer the best in class services, leisure and a grand experience to their customers. Hotel chain is a company that administers, manages and owns a number of hotels located in different locations. Their business model is built on their expertise in management of hotel properties and their brand which promises a certain level of quality stay for their consumers.
Hotel chains may partially or fully own the properties that they manage. They also offer their consumers hotel rooms across budget categories under different brand names. United States of America is the world’s biggest economy and a key center for innovation. It is a hub for financial activities and hence many of the large corporations are located in the U.S. With increased globalization and rising income levels there has been a surge in the number of people visiting the U.S either for professional reasons or for a vacation. In this way, the U.S. has the world’s largest hotel chains.
You will be surprised to know that eight of the 15 biggest hotel chains in the world are American. Their hotels are exquisitely designed and offer the traveler a perfect combination of leisure and grandeur. In fact all of these modern day properties are housed with such every amenities that will allow you to relax and unwind.
The hospitality industry is a very competitive one. 10 largest hotel chains in the US are vulnerable to the ups and downs of the economic cycle. The U.S. hotel industry showed signs of slowdown in the first half of 2016 due to negative currency movements, economic slowdown and geopolitical instability. However, industry pundits see the overall demand condition in the U.S. to rosy over the long term. With positive employment numbers, improving economy and growing travel demand, the average daily rate at U.S. hotels should record a a good growth as per STR.
We have compiled a list of 10 largest hotel chains in the US based on their as reported by Forbes.
10. Best Western International Inc, United States – $296 million
With a revenue of $296 million, the hotel chain ranks 10th on our list of the largest hotel chains in the US. Best Western International operates more than 4,000 hotels and is headquartered in Arizona. Aside from the U.S., the hotel chain is quite popular in the Middle East and Asia and also has a strong presence in Europe. Best Western International is best known as the ‘World’s Largest Hotel family’.
9. Drury Hotels, United States – $514 million
Drury Hotels is an American hospitality group headquartered in Missouri. The chain operates 130 locations in 21 states. Drury controls a chain of mid-scale limited service hotels under various brands including its flagship brand Drury Inn and Suites. Founded in 1973, the hotel chain employs more than 4,600 people and reported revenues of $514 million in 2015.
8. Choice Hotels International Inc (NYSE:CHH), United States – $859 million
Choice Hotels International run an extensive network of franchisee hotels in America and internationally. The hotel chain operates in more than 35 countries offering limited to full service hotels in the economy, mid-scale and upscale segments. It operates approximately 6,420 hotels and franchises under brand names like Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, and MainStay Suites.
7. Omni Hotels & Resorts, United States – $971 million
Founded in 1958, Omni is headquartered in Texas. Omni Hotels is a privately-held company which owns and operates 60 hotels and resorts in the US, Canada, and Mexico. Omni’s portfolio includes convention hotels, historic landmarks and golf and spa resorts. Omni Hotels owns and franchises its properties. The company is owned by private equity investor Robert Rowling of TRT Holdings.
6. Four Seasons Hotels & Resorts, United States – $4.3 billion
With over 102 properties in 43 countries, Four Seasons, one of the largest hotel chains in the US, is a Canadian international luxury hospitality company that was founded in 1960. Four Seasons’ properties are known for their lavish interiors and exotic locations. Microsoft founder Bill Gates and Saudi Prince Alwaleed Bin Talal together own a majority of the shares in the company.
5. Hyatt Hotels Corporation (NYSE:H), United States – $4.33 billion
Ranking sixth on our list is Hyatt Hotels Corporation, with reported revenue of $4.33 billion for its fiscal year ended March 2015. It is a global hospitality company that owns and operates a portfolio of properties including full-service hotels, select service hotels, resorts, and vacation properties. Hyatt has 679 properties under eight brands in 54 countries. Hyatt Hotels offer its customers with varied choice of properties ranging from mid to large scaled premium hotels, residential luxury hotels and upscale lifestyle boutique-style hotels.
4. Wyndham Worldwide Corporation (NYSE:WYN), United States – $5.5 billion
Wyndham Worldwide Corporation operates several hotel brands across the world and is based in New Jersey. It owns and operates 7,800 hotels in its Hotel Group segment. It also has vacation accommodations located in 100 countries and 220 resorts under its Vacation Ownership segment. Wyndham’s properties span six continents and offer a wide range of choices, from economy to upscale.
3. Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) United States – $5.8 billion
Starwood Hotels & Resorts is one of the largest hotel chains in the US owning 1,200 properties under 11 brands. Some of the popular ones include Westin and Sheraton. Starwood Hotels focuses on hotels in the luxury segment and also provides vacation experiences through its villa-style resorts under Starwood Vacation Ownership, Inc. Starwood Hotels & Resorts operates in the Americas, Europe, Africa and the Middle East (EAME), and Asia. The company reported revenue of $5.8 billion in 2015.
2. Hilton Worldwide Holdings Inc (NYSE:HLT), United States – $11.3 billion
With revenue of $11.3 billion in 2015, the hotel chain ranks 2nd on our list. Hilton Worldwide is a global hospitality company with a presence in more than 100 countries. Hilton has more than 4,800 properties in more than 100 countries. It has an impressive luxury and lifestyle hotel brand portfolio including Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, and DoubleTree by Hilton.
1. Marriott International Inc (NASDAQ:MAR), United States – $14.5 billion
With a total revenue of $14.5 billion, Marriott International tops our list of 10 largest hotel chains in the US. The hotel was founded in 1997 and is headquartered in Maryland. It has more than 5,700 properties in 110 countries and operates 30 brands internationally. These brands are broadly classified into classic and distinctive luxury, premium, select, and longer stays. Marriott International is the world’s largest hotel company after its merger with Starwood Hotels and Resorts in September 2016. Its other subsidiary is Marriott Hotels & Resorts.