Sales of biggest global hotel and resort companies 2023

When looking at the leading hotel and resort chains by sales, as ranked by Forbes in its 2024 "Global 2000" list of the largest companies worldwide, Marriott International Inc. came out on top. The hotel chain generated around 24 billion U.S. dollars in sales in 2023. Meanwhile, second in the ranking was the gambling and resort chain MGM Resorts International with 16.67 billion U.S. dollars in sales.

What are the most valuable hotel brands worldwide?

When looking at the leading hotel brands worldwide by brand value, Hilton topped the ranking in 2023, with a brand value approaching 12 billion U.S. dollars. This was nearly double that of closest competitor, Hyatt. Meanwhile, the hotel and resort chain with the highest market value globally was Marriott International Inc. with a market value of nearly 54 billion U.S. dollars in 2023; Las Vegas Sands Corp. and Hilton Worldwide Holdings ranked second and third, respectively.

Which regions have the highest hotel occupancy rates worldwide?

In 2024, the global monthly hotel occupancy rate rose by four percent compared to the previous year. As of May 2024, Europe was the region with the highest monthly hotel occupancy rate worldwide, with an occupancy exceeding 70 percent. Although many travelers are choosing alternative lodging options like Airbnb, in summer 2024, hotels were still the preferred accommodation type among European travelers.