Global hotel groups - additional information
In 2016, InterContinental Hotels Group was the largest hotel company in the world in terms of revenue, generating around seven billion U.S. dollars more than its closest competitor, Marriott International. Among the listed global hotel groups, Choice Hotels International had the smallest revenue at just 920 million U.S. dollars. However, Choice had 6,376 hotels worldwide in 2015 – around 1,500 more than InterContinental Hotels Group.
A large proportion of the hotels in the InterContinental Hotels Group is made up by properties belonging to Holiday Inn Express and Holiday Inn, with 2,497 and 1,241 hotels respectively. Other brands belonging to the InterContinental Hotels Group include the Crowne Plaza, Candlewood Suites, and Hotel Indigo. Despite being a British-owned company, the majority of the group’s revenue is generated in the Americas. The group appears to be popular in the United States, evidenced by the fact that is was given a Customer Satisfaction Index score of 78 out of 100 by Americans in 2017.
The most expensive region in the world in terms of average daily rates in hotels is the Middle East. In 2016, the average daily rate in the Middle East was 149.02 U.S. dollars – almost 50 dollars higher than that of the Asia Pacific region, which was the cheapest region during that year. In 2015, the most expensive international city for a hotel room was New York in the United States.