20 Largest Hotel Chains In The World

In this article, we will be taking a look at the 20 largest hotel chains in the world. To skip our detailed analysis, you can go directly to see the 5 Largest Hotel Chains in the World.

The hospitality industry is not just one of the largest industries in the world, it is also one of the most important in driving tourism which is crucial to the economy of many countries. However, no other industry felt the impact of the Covid-19 pandemic more than the hospitality industry. According to NPR, during 2020, the hotel occupancy rate in the U.S. was just 44% and revenue per room versus 2019 was down by nearly half. Many smaller, independent hotels had to close down while the major ones had to let go thousands of employees to ensure sustainability.

However, 2022 has been a year of recovery for the hospitality industry. The hotel industry recovery beat estimates which resulted in higher than expected average daily hotel rates and revenue per available room. While growth will continue in 2023, the expected economic headwinds could put a cap on this growth. Inflation and higher interest rates have reduced the disposable income of many people while the threat of a recession has seen industries slowing down. However, despite these issues, hotel occupancy rate for 2023 is still expected to be around 63.6%, much better than 2020.

20 largest hotel chains in the world


Another challenge being faced by hotels is Airbnb, Inc. (NASDAQ:ABNB) which was established in 2008. Airbnb, Inc. (NASDAQ:ABNB) saw significant growth over the next decade and a half, emerging as a real competitor for the hotel industry. However, there has been a significant impact on real estate because of Airbnb, Inc. (NASDAQ:ABNB) as more and more people look to rent out their properties through the platform to maximize earnings,

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7 Amazing Perks You Can Get By Joining Hotel Loyalty Programs (for Free)

As you work on summer travel plans, a key decision will be where to stay. Finding a hotel with a great loyalty program may weigh heavily in your decision.

Hotel loyalty programs can help you reduce travel costs, which is important given that most of us are considering how to deal with inflation right now.

Following are seven reasons to join a hotel loyalty program, and some things to consider that will help you find the best choice for you.

Grow your travel fund with these 23 legit ways to make extra money.

1. Loyalty programs are free

You may feel that a loyalty program is just another thing you have to pay for with little or no reward. But most loyalty programs are actually free.

So, depending on how often you stay at a certain hotel or hotel chain, it may be a simple sign-up that can lead to big rewards.

2. You can access special members-only rates

Instead of using travel sites that compare different hotel rooms, you might better save money at hotels by booking directly with the hotel chain using your loyalty rewards account.

Being a member can get you surprisingly great rates in many cases.

3. Upgraded breakfast might be available

Instead of just a boring breakfast with some bagels and dry cereal, your loyalty program membership might allow you access to an upgraded morning meal.

This can include eggs, bacon, and other delicious breakfast treats that might not be available to customers who haven’t signed up for the program.

4. You can tap into other discounts

When you check in for your stay, find out if the hotel’s loyalty program entitles you to additional perks.

Does the hotel property you’re staying at include a spa? Or perhaps it has a pool with cabanas

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