Top 5 Hospitality Companies in the World

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In this piece, we will take a look at the top five hospitality companies in the world. For more companies, take a look at Top 10 Hospitality Companies in the World.

5. Galaxy Entertainment Group Limited (HKSE:0027.HK)

Market Capitalization as of November 11, 2022: $25.49 billion

Galaxy Entertainment Group Limited (HKSE:0027.HK) is a Hong Kong based investment company that operates gaming and entertainment properties. The firm owns casinos, hotels, and resorts. It is headquartered in Central, Hong Kong.

Galaxy Entertainment Group Limited (HKSE:0027.HK) has not done well this year, and when compared to its global peers, the firm is struggling to recover from the effects of the coronavirus pandemic. The firm’s third quarter revenue of $2 billion marked a painful drop of 50% annually and 16% sequentially, as it failed to produce an operating profit. However, whispers in the market that China is finally moving away from its COVID lockdowns are injecting some life into the stock these days.

Despite a tumultuous year, Galaxy Entertainment Group Limited (HKSE:0027.HK) has a market capitalization of $25.49 billion.

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