Leading hotel companies worldwide 2021, by number of properties
Global hotel chain, Wyndham Hotels & Resorts, leads the ranking of the top hotel companies by number properties. As of September 2021, Wyndham accounted for close to nine thousand units in its worldwide portfolio, making the company a key player in the global hotel industry. Its closest competitors were Marriot International and Choice Hotels International, who reported 7,662 and 7,111 properties, respectively.
The global hotel property market
The hotel industry is full of competition and continues to show growth due to a strengthening global traveler pool. The competitive nature of the industry means the number of properties a hotel company has to its name is subject to change. This is due to companies building, acquiring, or selling properties. For example, Wyndham’s acquisition of La Quinta Holdings added 937 hotels to its property portfolio in 2020.
The lodging construction pipeline
In 2021, the country with the highest number of lodging construction projects in the pipeline worldwide was the United States. There were over 5,000 properties in the development pipeline in the U.S. as of March 2021. When it came to cities, New York had the highest number of new lodging projects in the pipeline worldwide, making the U.S. one of the most productive countries in terms of new lodging construction.
The global hotel property market
The hotel industry is full of competition and continues to show growth due to a strengthening global traveler pool. The competitive nature of the industry means the number of properties a hotel company has to its name is subject to change. This is due to companies building, acquiring, or selling properties. For example, Wyndham’s acquisition of La Quinta Holdings added 937 hotels to its property portfolio in 2020.
The lodging construction pipeline
In 2021, the country with the highest number of lodging construction projects in the pipeline worldwide was the United States. There were over 5,000 properties in the development pipeline in the U.S. as of March 2021. When it came to cities, New York had the highest number of new lodging projects in the pipeline worldwide, making the U.S. one of the most productive countries in terms of new lodging construction.
