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Worlds Top 10 Hotel Group Rankings Released

Category: Hotels, Posted:05 Jun 2009 | 06:46 am

The InterContinential Group has remained the world's number one group in terms of hotel rooms with over 600,000 according to MKG Hospitality's recently released 2009 ranking. IHG's brands include the core InterCon, Crowne Plaza, Holiday Inn, Holiday Inn Express and the recently launched Indigo brand.
Following the list in order is Wyndham Worldwide, Marriott International, Hilton, ACCOR, Choice, Best Western, Starwood Hotels and Resorts, Carlson Hospitality and rounded out by Global Hyatt. The fastest growing chain on the list was Hilton with an increase of 9.3%.
Many of the brands mentioned are centric to the US lodging market and offer franchising which is not commonly practiced in Asia, with full management being preferred by the chain. Many analysts in the industry are expecting brand consolidation and some merges or acquisitions with firms who are publicly listed seeing a free fall in stock prices over the next 12-24 months.

Other News

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]