Global Travel Media » Blog Archive » STR: Accor, Marriott the largest hotel companies in the Middle East

Home » Hotel Trends » Currently Reading:

STR: Accor, Marriott the largest hotel companies in the Middle East

April 13, 2019 Hotel Trends No Comments Email Email

Accor and Marriott International maintain the top room counts among parent companies operating in in the Middle East, according to STR.http://www.stevecafeandcuisine.com/

As part of the STR 500, the company will release the top 50 companies and brands in the Middle East during this week’s Arabian Hotel Investment Conference (AHIC) in Ras Al Khaimah.

Accor (34,327 hotel rooms) and Marriott International (33,757) were the only two companies with at least 30,000 rooms in the region as of 28 February 2019. Using that same cutoff date, the two largest brands in the Middle East are Millennium Hotels and Resorts (8,852) and Mövenpick Hotels & Resorts (8,454), which is owned by Accor.

“Supply remains a hot topic in the Middle East when looking at both the recent impact on performance as well as how much new inventory continues to be developed as part of ‘mega events’ and economic initiatives,” said Philip Wooller, STR’s area director for the Middle East & Africa. “The growing presence of so many major global companies and brands speaks to the importance of the Middle East as developers identify growth opportunities in this sector of real estate. The region will certainly be key on the global development landscape for years to come.”

Top 10 (ranked by room count in the Middle East)

Parent Company Parent Company Rooms Brand Brand Rooms
Accor 34,327 Millennium Hotels and Resorts 8,852
Marriott International 33,757 Mövenpick Hotels & Resorts 8,454
InterContinental Hotels Group 23,331 Rotana 8,446
Rotana Hotel Management Corporation 16,860 Hilton 7,674
Hilton Worldwide 14,916 InterContinental 7,134
JinJiang Holding 14,604 Crowne Plaza 6,982
Millennium & Copthorne Hotels plc 10,353 Holiday Inn 6,858
Wyndham Worldwide 9,366 Radisson Blu 6,557
Hyatt Hotels Corporation 5,740 Ramada 5,576
Jumeirah International LLC 5,318 Jumeirah Hotels and Resorts 4,758

Source: STR 500

Wooller will be one of several STR executives in attendance at AHIC. Two of those executives will present on 10 April.

  • (10:10-10:40) – Robin Rossmann (managing director) – “Searching for sunshine, praying for performance and what about the future?”
  • (15:30-15:45) – Sarah Duignan (director of client relationships) – “Dubai 2020 – What is in store for the hotel industry based on previous mega events?”

Comment on this Article:







Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS



%d bloggers like this:
%d bloggers like this:
sitemap