20 World’s Biggest Hotel Companies- According to the Annual Report of Hotel Companies in 2021, there are 20 World’s Biggest Hotel Companies. These hotels are popular and can be seen in many countries. With Luxurious facilities and the uniqueness Companies-Accordingof each building, these hotels can attract many people from around the world. Maybe some of us know about these hotels because of its easiness to find these hotels in specific places. Basically, these hotels have a billion of US Dollars of assets and revenue.
Here are the 20 World’s Biggest Hotel Companies in 2021. These data were obtained from the Annual Report of each hotel company in 2021. The Data in the Balance Sheet and Income Statement of the company is the source of the data in these articles. In the beginning, The data from the balance sheet and income statement of the annual report will decide the rank of the company. From These data, the variables were ranked based on the Net Income and Assets.
The Rank of 20 World’s Biggest Hotel Companies Based on Assets
| Rank | Name of Hotel Companies | Assets | Assets | Liabilities | Liabilities |
|---|---|---|---|---|---|
| Origin Currency | US Dollar (USD) | Origin Currency | US Dollar (USD) | ||
| 1 | MGM Resorts | 40.8 Billion USD | 40.8 Billion USD | 29.9 Billion USD | 29.9 Billion USD |
| 2 | Marriott International Inc. (MAR) | 25.5 Billion USD | 25.5 Billion USD | 24.1 Billion USD | 24.1 Billion USD |
| 3 | Las Vegas Sands | 20 Billion USD | 20 Billion USD | 17.8 Billion USD | 17.8 Billion USD |
| 4 | Hilton Worldwide Holdings Inc. (HLT) | 15.4 Billion USD | 15.4 Billion USD | 16.2 Billion USD | 16.2 Billion USD |
| 5 | Shangri-La | 13.4 Billion USD | 13.4 Billion USD | 7.4 Billion USD | 7.4 Billion USD |
| 6 | Hyatt Hotels Corp. (H) | 12.6 Billion USD | 12.6 Billion USD | 9.0 Billion USD | 9.0 Billion USD |
| 7 | Wynn Resorts | 12.5 Billion USD | 12.5 Billion USD | 13.3 Billion USD | 13.3 Billion USD |
| 8 | Host Hotels & Resorts Inc. (HST) | 12.3 Billion USD | 12.3 Billion USD | 5.7 Billion USD | 5.7 Billion USD |
| 9 | Whitbread | 9.5 Billion Poundsterling | 11.3 Billion USD | 5.4 Billion Poundsterling | 6.4 Billion USD |
| 10 | Accor | 10.6 Billion euro | 10.7 Billion USD | 6.1 Billion Euro | 6,1 Billion USD |
| 11 | Galaxy Entertainment | 85 Billion Hongkong Dollar | 10 Billion USD | 16 Billion Hongkong Dollar | 1.9 Billion USD |
| 12 | Huazhu Group Ltd. (HTHT) | 9.9 Billion USD | 9.9 Billion USD | 8.1 Billion USD | 8.1 Billion USD |
| 13 | Oriental Land | 1,086 billion Yen | 7.8 Billion USD | 330 billion Yen | 2.3 Billion USD |
| 14 | Wynn Macau | 41.8 Billion Hongkong Dollar | 5 Billion USD | 51.8 Billion Hongkong Dollar | 6.2 Billion USD |
| 15 | Wyndham Hotels & Resorts Inc. (WH) | 4.2 Billion USD | 4.2 Billion USD | 3.1 Billion USD | 3.1 Billion USD |
| 16 | InterContinental Hotels Group PLC (IHG) | 4.1 Billion USD | 4.1 Billion USD | 6.1 Billion USD | 6.1 Billion USD |
| 17 | Ryman Hospitaly Properties | 3.5 Billion USD | 3.5 Billion USD | 3.6 Billion USD | 3.6 Billion USD |
| 18 | Kangwon Land | 3,827 Billion KRW | 2.9 Billion USD | 574 Billion KRW | 436 Million USD |
| 19 | Choice Hotels International | 1.9 Billion USD | 1.9 Billion USD | 1.6 Billion USD | 1.6 Billion USD |
| 20 | Indian Hotels Company | 11,131 Crores | 1.4 Billion USD | 3,031 Crores | 394 million USD |
| Source : Annual Report, 2021 | |||||
| Currency Rate : | |||||
| 1 JPY = 0.0072 USD | |||||
| 1 Hongkong Dollar (HKD) = 0.12 USD | |||||
| 1 Euro = 1.01 USD | |||||
| 1 Poundsterling (GBP) = 1.19 USD (USD) | |||||
| 1 Crores = 10 Million Indian Rupee | |||||
| 1 Indian Rupee (INR) = 0.013 United States Dollar | |||||
Based on the business performance in 2021, Here is the rank of the 20 World’s Biggest Hotel Companies based on the net income. This data comes from the Income statement of the company
The Rank of 20 World’s Biggest Hotel Companies Based on Net Income
| Rank | Name of Hotel Companies | Revenue | Revenue | Net Income | Net Income |
|---|---|---|---|---|---|
| Origin Currency | USD | Origin Currency | USD | ||
| 1 | MGM Resorts | 9.6 Billion USD | 9.6 Billion USD | 1.2 Billion USD | 1.2 Billion USD |
| 2 | Marriott International Inc. (MAR) | 13.8 Billion USD | 13.8 Billion USD | 1 Billion USD | 1 Billion USD |
| 3 | Hilton Worldwide Holdings Inc. (HLT) | 5.7 Billion USD | 5.7 Billion USD | 407 Million USD | 407 Million USD |
| 4 | Choice Hotels International | 1 Billion USD | 1 Billion USD | 288 Million USD | 288 Million USD |
| 5 | InterContinental Hotels Group PLC (IHG) | 2.9 Billion USD | 2.9 Billion USD | 265 Million USD | 265 Million USD |
| 6 | Wyndham Hotels & Resorts Inc. (WH) | 1.5 Billion USD | 1.5 Billion USD | 244 Million USD | 244 Million USD |
| 7 | Galaxy Entertainment | 19.6 Billion Hongkong Dollar | 2.3 Billion USD | 1.4 Billion Hongkong Dollar | 168 Million USD |
| 8 | Accor | 2.2 Billion Euro | 2.2 Billion USD | 90 Million Euro | 90 Million USD |
| 9 | Oriental Land | 275 Billlion Yen | 1.98 Billion USD | 8 billion Yen | 57 Million USD |
| 10 | Whitbread | 1.7 Billion PoundSterling | 2 Billion USD | 42.5 Million Poundsterling | 50.5 Million USD |
| 11 | Indian Hotels Company | 2,152 Crores | 279 Million USD | (-34 Crores) | (-4.4 million USD) |
| 12 | Kangwon Land | 788 Billion KRW | 598 Million USD | (-10.5 Billion KRW) | (-7.9 Million USD) |
| 13 | Host Hotels & Resorts Inc. (HST) | 2.8 Billion USD | 2.8 Billion USD | (-11 Million USD) | (-11 Million USD) |
| 14 | Huazhu Group Ltd. (HTHT) | 2 Billion USD | 2 Billion USD | (-75 Million USD) | (-75 Million USD) |
| 15 | Ryman Hospitaly Properties | 939 Million USD | 939 Million USD | (-194 Million USD) | (-194 Million USD) |
| 16 | Hyatt Hotels Corp. (H) | 3.0 Billion USD | 3.0 Billion USD | (-222 Million USD) | (-222 Million USD) |
| 17 | Shangri-La | 1.2 Billion USD | 1.2 Billion USD | (-344 Million USD) | (-344 Million USD) |
| 18 | Wynn Macau | 11.7 Billion Hongkong Dollar | 1.4 Billion USD | (-5.1 Billion Hongkong Dollar) | (-0.6 Billion USD) |
| 19 | Wynn Resorts | 3.7 Billion USD | 3.7 Billion USD | (-1 Billion USD) | (-1 Billion USD) |
| 20 | Las Vegas Sands | 4.2 Billion USD | 4.2 Billion USD | (-1.2 Billion USD) | (-1.2 Billion USD) |
| Source : Annual Report, 2021 | |||||
| Currency Rate : | |||||
| 1 Japanese Yen (JPY) = 0.0072 US Dollar (USD) | |||||
| 1 Hongkong Dollar (HKD) = 0.12 USD | |||||
| 1 Euro = 1.01 USD | |||||
| 1 Poundsterling (GBP) = 1.19 USD (USD) | |||||
| 1 Crores = 10 Million Indian Rupee | |||||
| 1 Indian Rupee (INR) = 0.013 United States Dollar | |||||
| 1 South Korean Won = 0.00076 USD | |||||
Brief description of 20 World’s Biggest Hotel Companies
1.MGM Resorts
MGM Resorts International is a multinational corporation that was incorporated in 1986. This company is a holding company with various subsidiaries and owns and operates integrated casino, hotel, and entertainment resorts across the United States and in Macau. As of December 31, 2021, this company has leased the real estate assets of The Mirage, Luxor, New York-New York, Park MGM, Excalibur, The Park, Gold Strike Tunica, MGM Grand Detroit, Beau Rivage, Borgata, Empire City, MGM National Harbor, MGM Northfield Park, and MGM Springfield.
Financially, according to the annual report in 2021, this company has assets of about 40.8 billion USD with liabilities of around 29.9 billion USD. Based on the income statement for 2021, this company has revenue of around 9.6 billion USD, with a net income of around 1.2 billion USD.
2.Marriott International Inc. (MAR)
Marriott International is a Multinational hotel company that has operated 8,000 properties containing 1,423,044 rooms in 131 countries. The founders of the company are Willard Marriott and Alice Marriott. They started in March 5, 1927. Operational, along with business development, this company has 3 quality tiers of service.
These are Luxury, Premium, and Select. Luxury offers bespoke and superb amenities and services with Classic Luxury hotel brands including JW Marriott, The Ritz-Carlton, St. Regis, W Hotels, The Luxury Collection, and Bvlgari. Furthermore, Premium categories offer sophisticated and thoughtful amenities and services with brands including Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, and Marriott Vacation Club. Distinctive Premium hotel brands include Westin, Renaissance Hotels, Le Méridien, Autograph Collection Hotels, Gaylord Hotels, Tribute Portfolio, and Design Hotels. Meanwhile, select categories are Courtyard, Residence Inn, Fairfield, SpringHill Suites, Four Points, TownePlace Suites, and Protea Hotels. Distinctive Select hotel brands include Aloft Hotels, AC Hotels by Marriott, Element Hotels, and Moxy Hotels.
Financially, Marriott International Inc has assets of 25.5 billion USD and liabilities around 24.1 billion USD with revenue around 13.8 billion USD and net income around 1 billion USD. This data came from the Marriott Annual Report 2021.
3. Las Vegas Sands
Las Vegas Sands Corp is a multinational hotels company that was founded on November 17, 1988, by Sheldon Adelson. Operationally, this company has headquartered in Paradise, Nevada, the U.S. Along with the development of the company, this company has some properties in the Marina Bay Sands (Singapore), Sands Macao, The Londoner Macao, The Venetian Macao, The Plaza Macao, and The Parisian Macao in Macau. Financially, this company has assets of around 20 billion USD with liabilities of around 17.8 billion USD. Based on the income statement, the company has reached revenue of around 4.2 billion USD but suffered a net loss of around -1.2 Billion USD.
4. Hilton Worldwide Holdings Inc. (HLT)
Hilton Worldwide Holdings Inc. is a multinational company that has several properties and brands across the countries. Historically, the founder of the company is Conrad Hilton. He started the business on May 31st, 1919. Operationally, this company has its main office in Tysons Corner, Virginia, United States. With the business development of the company, Hilton worldwide has miscellaneous brands including Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, Hilton Hotels & Resorts, Embassy Suites Hotels, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and others. Financially, in 2021, according to its annual report, this company has assets around 15.4 billion USD with liabilities of around 16.2 billion USD. Meanwhile, in 2021, the company has a revenue of around 5.7 billion USD with a net income of around 407 million USD.
5.Shangri-La
Shangri-La Hotels and Resorts is a Multinational hotel company that has been founded in 1971 by Robert Kuok. Operationally, this company has its main office in Quarry Bay, Hongkong. As a hotel company, Shangri-La has some brands of its products. These are Shangri-La, Hotel Jen, Kerry Hotels, and Traders. Financially, this company has assets of around 13.4 billion USD with liabilities of around 7.4 billion USD Based on its performance in 2021, the company gained revenue around 1.2 billion US. Dollar but suffered a net loss of around 344 million US. Dollar. These data came from Shangri-La annual report in 2021.
6.Hyatt Hotels Corp. (H)
Hyatt Hotels Corporation or known as Hyatt Hotels & Resorts is a multinational hotel company that was founded on September 27th, 1957 by Hyatt Robert Von Dehn and Jack Dyer Crouch. Operationally, this company has some brands including Park Hyatt, Miraval, Grand Hyatt, Andaz,Alila Hotels and Resorts, Thompson Hotels, Hyatt Centric, and Caption by Hyatt. Financially, based on the Balance sheet in 2021, the company has assets of around 12.6 billion USD with liabilities of around 9.0 billion USD. Based on the business performance in 2021, the company gained revenue around 3.0 billion USD but suffered a net loss around -222 Million USD.
7.Wynn Resorts
Wynn Resorts is a Multinational hotel company that was founded by Steve Wynn and Kazuo Okada. Operationally, this company has a primary office in Las Vegas Strip, Nevada, USA. Based on the balance sheet in 2021, the company has assets of around 12.5 billion USD with liabilities of around 13.3 billion USD. Based on the business performance in 2021, the company gained revenue around 3.7 billion USD but suffered a net loss around -1 Billion USD. These data were obtained from the Income statement in 2021.
8.Host Hotels & Resorts Inc. (HST)
Host Hotels & Resorts Inc. is a multinational hotel company that was founded in 1993. Operationally, this company has its main office in Bethesda, Maryland, United States. Financially in 2021, based on the balance sheet, the company has assets of around 12.5 billion USD with liabilities of around 13.3 billion USD. Meanwhile, the business performance of this company is still in negative performance with revenue of around 2.8 billion USD but suffered a net loss of around -11 Million USD.
9.Whitbread
Whitebread is a multinational hotels’ company that has a main office in Houghton Regis, England, UK. Basically, this company was founded in 1742 by Samuel Whitbread. By the way, along with the development of the company, Whit bread served customers in the United Kingdom, Uni Arab Emirates, Ireland, India, and Germany. Financially, based on the financial condition on the balance sheet of the company, White bread has assets of around 9.5 billion Pound sterling or equivalent to 11.3 billion USD with liabilities of around 5.4 billion Pound sterling or equivalent to 6.4 billion USD. In 2021, based on the performance, the company gained revenue of around 1.7 billion Pound Sterling or equivalent to 2 billion USD. The Net Income of the company reached 42.5 million Pound sterling, or equivalent to 50.5 million USD.
10.Accor
Accor S.A. is a multinational hotel company that was founded on 1967 in Paris, France. Basically, this company was founded by Gérard Pelisson and Paul Dubrule. Now, this company has its main office in Tour Sequana, Issy-les-Moulineaux, France. Based on the brands, Accors has many brands. These are Raffles Hotels and Resorts, Fairmont Hotels and Resorts, Raffles Hotels and Resorts, Grand Mercure, Pullman, Novotel, Ibis, and the others.
Based on the financial condition in the Balance sheet of 2021, the company has assets of around 10.6 billion euros or equivalent to 10.6 billion USD and liabilities around 6.1 billion Euro or equivalent to 6,1 Billion USD. Based on the company’s business performance in 2021, Accor gained revenue of around 2.2 billion Euro or equivalent to 2.2 billion USD and net income of around 90 million Euro or equivalent to 90 million USD.
11.Galaxy Entertainment
Galaxy Entertainment Group is a Hotel company that was founded in 1988 by Lui Che Woo. Operationally, this company has its main office in Hong Kong. Basically, this company has some properties and casinos including The StarWorld Macau, CityClub casinos, Waldo Casino President Casino, Rio Casino, Broadway Casino, and The Galaxy Macau.
Based on the financial condition in the Balance sheet in 2021, the company has assets of around 85 billion Hong Kong Dollar or equivalent to 10 billion USD with liabilities around 16 billion Hongkong dollars or equivalent to 1.9 billion USD. In the business performance of 2021, the revenue of the company reached 19.6 billion Hong Kong Dollars or equivalent to 2.3 billion USD with a net income of around 1.4 billion Hong Kong Dollars or equivalent to 168 million USD.
12.Huazhu Group Ltd. (HTHT)
Huazhu Hotels Group Ltd is a Chinese Hotel company that was founded by Ji Qi in 2005. Operationally, this company has its main office in Changning District, Shanghai, China. Along with the business development of the company, Huazhu has some hotels. These hotels are Steigenberger Icons, Porsche Design Hotels, Song Hotel, Joya Hotel, Blossom Hill Hotels & Resorts, and Steigenberger. Based on the financial condition, the company has assets around 9.9 billion USD and liabilities around 8.1 billion USD. In 2021, the company gained revenue of around 2 billion USD but suffered a net loss around -75 Million USD.
13.Oriental Land
The Oriental Land Company is a Japanese hotel company that was founded on July 11, 1960. Operationally, this company has its main office in Urayasu, Chiba, Japan. Along with development, this company has managed some properties including Tokyo Disney Resort, Milial Resort Hotels, Maihama Resort Line.
According to the balance sheet of the company, this company has assets of around 1,086 billion Yen or equivalent to 7.8 billion USD, and liabilities of around 330 billion Yen or equivalent to 2.3 billion USD. Based on the business performance in 2021, the company gained revenue of around 275 billion Yen or equivalent to 1.98 billion USD and a net income of around 8 billion Yen or equivalent to 57 million USD.
14.Wynn Macau
15.Wyndham Hotels & Resorts Inc. (WH)
Wyndham Hotels & Resorts, Inc. is a multinational hotel company that was founded by Trammel Crow in 1981. Operationally, this company has its main office in Parsippany, New Jersey, USA. Based on its brand, this company has some brands including Registry, Wyndham Grand, Dolce Hotels and Resorts, Wyndham, Financially, this company has assets of around 4.2 billion USD with liabilities of around 3.1 billion USD. Based on the business performance in 2021, the company has revenue around 1.5 billion USD with a net income around 244 million USD.
16.InterContinental Hotels Group PLC (IHG)
InterContinental Hotels Group PLC is a Multinational hotel company that was founded in April 2003 by Juan Trippe. Operationally, this company has its main office in Denham, Buckinghamshire, England, UK. Some hotel brands are Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Vignette Collection, Hotel Indigo, and others. Financially, this company has assets around 4.1 billion USD with liabilities around 6.1 billion USD. Based on business performance in 2021, the company has revenue around 2.9 billion USD with a net income around 265 million USD.
17.Ryman Hospitaly Properties
Ryman Hospitality Properties, Inc. is an American-based hotel company that was founded in 1925 by Edward Gaylord. Operationally, this company has its main office in Nashville, Tennessee, the U.S. Based on the financial conditions in 2021, the company has assets of around 3.5 billion USD with liabilities of around 3.6 billion USD. On the business performance in 2021, the company gained revenue around 939 million USD but suffered a net loss around -194 Million USD.
18.Kangwon Land
Kangwon Land is a South Korean-based company that has main office in 265 High1-gil, Jeongseon-gun, Gangwon-do. Financially in 2021, the company has assets of around 3,827 billion KRW or equivalent to 2.9 billion USD and liabilities of around 574 billion KRW or equivalent to 436 Million USD. Based on the business performance, the company gained revenue of around 788 billion KRW or equivalent to 598 million USD but suffered a net loss of around -10.5 Billion KRW or equivalent to -7.9 Million USD.
19.Choice Hotels International
Choice Hotels International is an American-based company that has its main office in Rockville, Maryland, United States of America. Historically, this company was founded in 1939. Nowadays, this company has assets around 1.9 billion USD with liabilities around 1.6 billion USD. Based on the business performance in 2021, the company gained revenue of 1 billion USD and reached a net income around 288 million USD
20.Indian Hotels Company
The Indian Hotels Company Limited is an Indian-based hotel company that Jamsetji Tata founded in 1899. Basically, this company has some hotel brands including Taj, Vivanta, Ginger, and SeleQtions. Financially, this company has assets of around 11,131 Crores or equivalent to 1.4 billion USD and liabilities of around 3,031 Crores or equivalent to 394 million USD. Based on the business performance in 2021, the company gained revenue of around 2,152 Crores or equivalent to 279 million USD but suffered a net loss around -34 Crores or equivalent to -4.4 million USD.
Bibliography of 20 World’s Biggest Hotel Companies
MGM Resorts. 2022. Annual Report 2021. Accessed via https://investors.mgmresorts.com/investors/financial-info/annual-reports/default.aspx on July 5th, 2022.
Marriott International Inc. 2022. Annual Report 2021. Accessed via https://investors.mgmresorts.com/investors/overview/default.aspx on July 5th, 2022.
Las Vegas Sands. 2022. Annual Report 2021. Accessed via https://investor.sands.com/home/default.aspx on July 5th, 2022.
Hilton Worldwide Holdings Inc. 2022. Annual Report 2021. Accessed via https://ir.hilton.com/financial-reporting/annual-reports on July 5th, 2022.
Shangri-La. 2022. Annual Report 2021. Accessed via https://www.shangri-la.com/group/investors/public-disclosures on July 5th, 2022.
Hyatt Hotels Corp. 2022. Annual Report 2021. Accessed via https://investors.hyatt.com/investor-relations/financial-reporting/annual-reports/default.aspx on July 5th, 2022.
Wynn Resorts.2022. Annual Report 2021. Accessed via https://wynnresortslimited.gcs-web.com/sec-filings-disclaimer on July 5th, 2022.
Host Hotels & Resorts Inc. 2022. Annual Report 2021. Accessed via https://ir.hosthotels.com/annual-reports on July 5th, 2022.
Whitbread.2022. Annual Report 2021. Accessed via https://www.whitbread.co.uk/investors/results-reports-and-presentations/ on July 5th, 2022.
Accor.2022. Annual Report 2021. Accessed via https://group.accor.com/en/hotel-development/Optimise-your-costs/Procurement on July 5th, 2022.
Galaxy Entertainment.2022. Annual Report 2021. Accessed via https://www.galaxyentertainment.com/en/investor/financial-reports on July 5th, 2022.
Huazhu Group Ltd. 2022. Annual Report 2021. Accessed via https://ir.hworld.com/ on July 5th, 2022.
Oriental Land.2022. Annual Report 2021. Accessed via http://www.olc.co.jp/en/ir/library/annual.html on July 5th, 2022.
Wynn Macau.2022. Annual Report 2021. Accessed via http://en.wynnmacaulimited.com/financial-information/annual-reports on July 5th, 2022.
Wyndham Hotels & Resorts Inc. 2022. Annual Report 2021. Accessed via https://investor.wyndhamhotels.com/financial-information/all-sec-filings on July 5th, 2022.
InterContinental Hotels Group PLC.2022. Annual Report 2021. Accessed via https://www.ihgplc.com/en/investors/annual-report on July 5th, 2022.
Ryman Hospitaly Properties.2022. Annual Report 2021. Accessed via https://ir.rymanhp.com/financial-information/annual-reports on July 5th, 2022.
Kangwon Land.2022. Annual Report 2021. Accessed via https://kangwonland.high1.com/kangwonland_eng/selectBbsNttList.do?bbsNo=53&key=384 on July 5th, 2022.
Choice Hotels International.2022. Annual Report 2021. Accessed via http://investor.choicehotels.com/investor-home on July 5th, 2022. Indian Hotels Company.2022. Annual Report 2021. Accessed via https://www.ihcltata.com/investors/ on July 5th, 2022
