The year 2005 marks MKG Consulting’s 20th Anniversary. It also marks the publication of the tenth worldwide ranking of hotel brands and groups in HTR Magazine…
The year 2005 marks MKG Consulting’s 20th Anniversary. It also marks the publication of the tenth worldwide ranking of hotel brands and groups in HTR Magazine. In a few days time, the sixth Worldwide Hospitality Awards will be held on 7th November at the Hilton Arc de Triomphe Paris, in the presence of Kurt Ritter, president of the Rezidor SAS Hospitality. On this occasion, the time has come to assess the development of these hotel groups…
- The first positions in the ranking did not experience any great upset in the last ten years: of the top ten groups in the ranking of 1995, eight are still among the Top 10 in 2005. Concerning the chains, the six leading brands have remained the same for ten years.
- The supply and demand of the groups however, has varied over the years: the growth rate of the ten group leaders between 1995 and 2000 has been on average 85%!
- Mergers-acquisitions have been the preferred means for achieving growth for the big international groups. Many merging transactions were carried out during these ten years.
- The North American market has recorded the strongest growth, particularly in the budget hotels sector and the management in franchise.
|
Evolution of leading groups between 1995 and 2005
|
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|
Rank |
Group |
Rooms |
Hotels 2005 |
Rooms |
Hotels 1995 |
Evolution Rooms |
|
1 |
Inter Continental |
532,701 |
3,532 |
356,800 |
1,925 |
+49% |
|
2 |
Cendant |
520,860 |
6,396 |
413,891 |
4,208 |
+26% |
|
3 |
Marriott |
469 , 218 |
2 , 564 |
184 , 995 |
874 |
+154% |
|
4 |
Accor |
463 , 427 |
3 , 973 |
256 , 607 |
2 , 265 |
+81% |
|
5 |
Choice |
403 , 806 |
4 , 987 |
293 , 706 |
3 , 358 |
+37% |
|
6 |
Hilton Corp. |
354 , 312 |
2 , 226 |
92 , 452 |
226 |
+283% |
|
7 |
Best Western |
308 , 131 |
4 , 097 |
280 , 144* |
3 , 409* |
+10% |
|
8 |
Starwood |
230 , 667 |
733 |
132 , 477 |
425 |
+74% |
|
9 |
Carlson |
147 , 093 |
890 |
79 , 482 |
349 |
+85% |
|
10 |
Global Hyatt |
111,651 |
355 |
77,512 |
167 |
+44% |
|
11 |
Hilton International |
99 , 257 |
395 |
55 , 005 |
162 |
+80% |
* Source
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
