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

Hospitality

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

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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.

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 Movenpick 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 CompanyParent Company RoomsBrandBrand Rooms
Accor34,327Millennium Hotels and Resorts8,852
Marriott International33,757Mövenpick Hotels & Resorts8,454
InterContinental Hotels Group23,331Rotana8,446
Rotana Hotel Management Corporation16,860Hilton7,674
Hilton Worldwide 14,916InterContinental7,134
JinJiang Holding14,604Crowne Plaza6,982
Millennium & Copthorne Hotels plc10,353Holiday Inn6,858
Wyndham Worldwide9,366Radisson Blu6,557
Hyatt Hotels Corporation5,740Ramada5,576
Jumeirah International LLC5,318Jumeirah Hotels and Resorts4,758

Source: STR 500