Top 10 Companies in Luxury Hotel Market
Top 10 Companies in Luxury Hotel Market
A luxury hotel is a five-star or four-star hotel that provides its guests with upscale accommodations and premium amenities. Luxury hotels are typically found in major metropolitan areas or resort destinations and offer a higher level of service than other hotels. Guests of luxury hotels can expect to receive personalized service, luxurious accommodations, and a wide range of amenities, such as an on-site spa, fitness center, and fine dining.
Mandarin Oriental Hotel Group
Mandarin Oriental Hotel Group International Limited is a Hong Kong hotel group, which manages and focuses on luxury hotels, residences, and resorts. The company’s headquarters is located in Causeway Bay, Hong Kong. The company possesses around 33 properties worldwide, while 20 are partially owned by the Mandarin hotel group. Some of their recent developments include online stores, Spa & wellness programs, and self-care products.
Accor S.A. is a French multinational company, which provides facilities pertaining to hospitality like resorts, vacation properties, and franchising hotels. The company’s headquarters is located in Issy-les-Moulineaux, France. It is the largest company in the Hotel Industry in Europe and the 6th largest in the world. It currently operates in 5,300 locations in over 100+ countries. Their latest development is they open 1 hotel every day- meaning franchising the local hotels.
Shangri-La Hotels is a multinational corporation, which plays in the hospitality industry. The company has over 100 resorts and hotels with 50,000 rooms in EMEA and APAC regions. The company’s headquarters is located in Hong Kong. Some of their subsidiaries include Traders Hotel Management, Sentosa Beach Resort Pte Ltd, and others. The latest developments were unveiling Shangri-La centers in the hotels of Shangri-La in Mainland China and a Retail complex in Cairns, Australia.
Four Seasons Hotel Ltd.
Four Seasons hotels limited is a multinational hotel and resort company catering hospitality services. The company has over 100+ resorts and hotels all around the globe. The company’s headquarters is located in Toronto, Ontario, Canada. The company has recently started its own online store, which sells mattresses, Spa & Bath products, and Décor.
Hyatt Hotels Corporation
Hyatt Hotels Corporation, is often referred to as Hyatt hotels. Hyatt is an American multinational company that offers hospitality services. The company’s headquarters is located in Riverside Plaza Area, Chicago, Illinois, United States. The company offers various WFH (work from Hyatt) options to its customers such as extended says, offsite locations, and earn free nights based on the stay.
Indian Hotels Company Limited
Indian Hotels Company Limited is an Indian multinational company, which plays in the hospitality industry. The company has a great portfolio such as resorts, jungle safaris, Spas, and palaces. The company’s headquarters is located in Mumbai, Maharashtra, India. Currently, the company is located in more than 80 locations across 4 continents, in 12 countries around the world. Currently, the company is looking into new builds, conversions, and restorations. It has 4 prestigious brands they are Taj, Seleqtions, Vivanta, and ginger.
Kempsinki Hotels S.A
Kempsinki Hotels S.A, often referred to as Kempsinki. This is a luxury hotel company, which manages and franchises resorts, and Spa Centers. The company is headquartered in Munich, Germany. The company’s hotels are present over in 30+ countries across the world. The company has recently added a few services on the behalf of their completion of 125 years in the industry, some are 5 day road trips, private stays, and open suite bookings.
Hilton Hotels and Resorts
Hilton Hotels and Resorts is a global company, which offers services regarding hospitality such as hotels, and resorts. The parent company of this entity is a renowned company in America i.e. Hilton. The company’s headquarters is located in Cisco, Texas, United States. As of 2021, the company has hotels in around 600 locations across the world. Some of the recent updates were 2x point packages for existing customers, Offers for active and retired military veterans and their families, and collaboration with Lyft.
IHG Hotels & Resorts
IHG Hotels & Resorts, standout to be InterContinental Hotels Group PLC, which is a British multination company that offers hospitality services to its customers. The company is headquartered in Denham, Buckinghamshire, England. Unlike other companies, this company resorts to environmental sustainability by initiating certain programs on carbon & energy, waste, and water. The company has a global presence of 600 + hotels, with 18 prestigious brands under its belt.
Marriott International Incorporation is an American hotel company, which operates globally. The company manages, franchises, and licenses residential, and timeshare properties. The company’s headquarters is located in Bethesda, Maryland, United States. Some of the developments include Summer Seasonal Packages, Huge Savings on Suites, 50% discounts on the 2nd room, and the Stay longer, save more offer. One of their most popular offers during Covid was the – we care 7-night quarantine package.