Arabian Hotel Investment Conference

April 2020 | United Arab Emirates

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

Posted on April 03, 2019

8 April 2019

LONDON—Accor and Marriott International maintain the top room counts among parent companies operating in in the Middle East, according to STR.

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?”

 

About STR STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.