News for the Hospitality Executive
The Top 10 Hotel Groups in the World
IHG Retains Top Spot Surpassing the 600,000 Room Mark
Due to pre-planned projects, most leading hotel groups posted positive
supply growths / MKG Hospitality’s world ranking 2009.
WORLD, 26 May 2009: UK-based InterContinental Hotel Group (IHG) retains its number one position in the world, surpassing the 600,000 room mark.
Meanwhile, Hilton Hotels recorded the largest growth among the top 10
at 9.3%, bringing their global room count to over half-a-million.
Top 10 Hotel Groups in the world
Since 2004, IHG has been the world’s largest hotel group. 25,000 new rooms joined the group’s inventory in the second half of 2008, whilst a pipeline growth of 250,000 over the next few years should make sure IHG remains the world’s number one group. The group’s continued growth was aided by the expansion of Holiday Inn Express, taking advantage of the economy segment’s currently strong position. This was supported with expansion of Crowne Plaza, the arrival of long-stay brand Staybridge Suites and Indigo boutique hotels in Europe, as well as entry into the timeshare market in September with Holiday Inn Club Vacations. Overall, IHG recorded a 5.9% global room supply growth.
Wyndham International trails in second position. The US-based group recorded a 7.7% increase in its rooms supply, edging ever so closely to the number one spot. This growth was predominantly driven by the $131 million acquisition of two brands from Global Hyatt, the economy Microtel Inns and the long-stay product Hawthorn Suites, together adding almost 400 new properties.
Marriott International maintains a high average growth rate of
4.7%, as well as extensive expansion plans – 800 hotels totalling 125,000
rooms, most of which are in an advanced development stage. To further strengthen
their presence, the group is undertaking considerable investments in existing
Although global supply decreased by just over one 1%, Best Western development in Europe is strong, particularly in France. The highlight of 2008 was no doubt the opening of the group’s first 5-star property in Europe (Prague). The upscale Premier label is gaining importance, with its arrival in China and Dubai.
Starwood Hotels & Resorts room supply increased by 3.7%. Revitalisation of Sheraton, now 70% complete, is beginning to pay off, with supply growing by more than 10 hotels despite the disappearance of twenty or so hotels that no longer correspond to new standards. Starwood will soon be able to count on two new brands, Element and Aloft, whilst W Hotels’ expansion throughout EMEA will also surely make its presence felt.
With just over 150,000 room, representing a 2% increase, Carlson
ranks 9th. The opening of Radisson St Martin Resort, Marina & Spa confirms
global appeal of the group’s key brand, whilst the goal of 20,000 rooms
in operation or under development in Asia-Pacific has been reached. In
Europe, Carlson announced its desire to increase its holdings in Rezidor
(currently owning 44%), a group which promises to have a dynamic growth.
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|Also See:||Top Twenty Hotel Brands in the World at January 1, 2008, Also Top Ten Hotel Groups in the World / April 2008|
|The 2008 Top 20 European Hotel Brands Ranking and the Top Ten Hotel Groups Ranking / March 2008|
|Ranking - Top Ten Worldwide Hotel Chains Growth 1995-2005 / October 2005|