Out of the 10 most profitable hotels in the world, six are located in the United States. Most of these hotels are the preferred choices of guests today based on the modern amenities and luxuries they offer. The most profitable hotels in the world have earned a global reputation based on their impeccable services, modern day facilities, grand structures, and peerless customer service, all of which goes a long way to creating memorable experiences for their guests.
In order to remain at the top of their game, the 10 most profitable hotels in the world have kept evolving over the years to satisfy the ever-changing needs and preferences of their guests. Today’s hotels offer a perfect blend of traditional facilities with a modern touch of technology. Many guests now prefer boutique hotels, which has compelled several larger hotel companies like Marriott, Hyatt and Hilton to modify their designs to much simpler forms, in order to please their clientele. Technology has also swept the hotel industry in a big way, with online booking becoming, mobile check-in and check-out, 24 hour Wi-Fi, and more being standard features.
The hotel business is a highly competitive one and the top players have to keep updating and upgrading themselves so as to remain relevant and profitable. While location, amenities, accessibility, and value are the top factors to consider when booking a hotel, technology-adept properties and a unique experience are also heavily preferred by the masses today.
The list of the most profitable hotels in the world will give you a fair idea of what the modern business traveler and Millennial looks for in a hotel. The following hotels are ranked based on their profitability over their most recently-reported 12-month period, as reported by Forbes. Check out the list beginning on the next page.
For further hotel-related reading afterwards, check out our list of the 10 Largest Hotel Chains in the US.