Best Hotel Franchise In The World – Most people dream of staying at one of the world’s most luxurious hotel chains, like the Burj al Arab. Excellent room service, hotel staff working around you 24/7; Luxury hotels offer everything their guests need to feel like royalty. Today, leading upscale hotel brands are going to even more extraordinary lengths to keep their guests satisfied.
From gastronomic feasts and exceptional service to the latest technological solutions that allow hotels to take their user and customer experiences to the next level, staying in luxury hotels can be one of the most valuable and unique life experience.
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But what happens when you are a hotel owner with the challenge of ensuring a stable source of income?
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If you are a hotel owner responsible for a hospitality business, knowing how to calculate your hotel revenue is essential to staying competitive and relevant in the crowded business landscape. Let’s take a look at how to stay ahead of your hotel’s revenue game, as well as how top hotel companies make money.
If you are running a hotel business, profitability is one of the important aspects of your success. It refers to your hotel’s ability to make a profit from providing its services within a given period.
The best method for calculating profitability is to rely on profitability ratios. These ratios provide complete insight into how your hotel brand is performing and can be used as key tools to accurately calculate your profit by analyzing financial statements.
You calculate your hotel’s profit by measuring these ratios, focusing on maximum profit and sales – the two most important factors of ROS. You can also use additional key performance indicators to calculate your hotel’s revenue. Now that you have a basic idea of how to calculate your hotel income, let’s take a look at some of the most profitable hotels in 2021.
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The Marriott International hotel chain includes three hotel companies – Delta, Marriott and Ritz-Carlton. According to Statista, Marriott is considered the most profitable luxury hotel, generating more sales revenue than any other hotel chain in 2019.
With 250,000 rooms in 101 properties worldwide within its schedule, this hotel chain does not plan to stop its rapid expansion. When it comes to profitability, Marriott’s focus is on increasing earnings per share.
They also benefit from signing, acquiring and building new properties for their hotels and repurchased $174 million of shares. With EPS of $0.87, EBITDA of $457 million, and 5.4% RevPAR, Marriott International is the best example of what drives a profitable hotel in 2021. Current revenues are estimated at $10.6 billion.
Starwood Hotels & Resorts Worldwide Inc. includes 4 points of the Sheraton, Sheraton and Westin hotel chains. HOT is another incredibly profitable and successful hotel brand with a primary focus on finding the most efficient and profitable ways to increase EPS.
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Their main strategy for making money is buying shares. However, while HOT may not be as profitable as Marriott, the brand still bought back 1.2 million shares and totaled $228 million in buybacks in 2015 alone.
HOT has net income of $143 million, an EBITDA of $311 million, EPS of $0.84, and a dividend of $0.375, and it is still investing heavily in its efforts to add 14,400 rooms.
Hyatt may not be the most profitable hotel on our list, but it’s certainly one of the most popular hotel companies in the world. With Hyatt Regency, Grand Hyatt, and Park Hyatt in its chain, Hyatt Hotels Corp is one of the most established hotel brands in the world.
As one of the highest class luxury hotel chains, Hyatt’s money-making strategy relies heavily on buying shares, buying shares and acquiring real estate around the world. The company currently has 600 properties and spent nearly $187 million on stock repurchases in 2015 alone. Hyatt’s current revenue is estimated at $2.1 billion.
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Hilton is one of the world’s leading hotel brands. It is also the most valuable hotel company for years, even though the brand experienced a 30% drop in brand value due to the coronavirus pandemic.
However, even though the brand value has dropped to $7.6 billion, Hilton’s strategy to grow its business is still its greatest strength. Despite the pandemic, the brand announced that they plan to add 17,400 new rooms to their pipeline.
More than 400,000 new rooms are planned in total. Hilton and its seven additional hotel brands are close to reaching $13.8 billion in total brand value with an impressive hotel portfolio under their belts.
Taj is a new hotel brand in the sector, but the company has already earned a AAA strength rating. This hotel brand has a solid corporate reputation, combined with high staff satisfaction, incredible customer familiarity, and a keen eye for the most profitable marketing investments.
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According to these driving factors, Taj is one of the strongest hotel brands in the world, with a total brand value of $296 million. The hotel also has a very high Brand Strength Index score of 89.3 out of 100.
The reason why Taj is profitable is the brand’s hugely successful 5-year plan with the main objective of selling non-core assets and overcoming the biggest challenge of the coronavirus outbreak.
According to the global hotel portfolio, the Wyndham Hotel Group has almost 9300 units in 75 countries in its ownership, which puts this hotel group in the leading position to rank the leading hotel companies by the number of – property only.
The biggest strength of the hotel is the high quality accommodation and a stable economic strategy, which allows the group to develop and grow. With nearly 830,000 rooms, the Wyndham Hotel Group generates $4 billion in annual revenue.
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Best Western is a privately owned hotel operator that encompasses three innovative hospitality brands – Best Western Premier, Best Western Plus, and Best Western. With more than 2,000 hotel units in the United States alone under their ownership, it is one of the most successful hotel chains in North America.
The brand hosts more than 58 million members in Canada and the United States, winning several awards for providing exceptional services. The total value of the brand is estimated at $6 billion. Their greatest strength is their loyalty program, Best Western Rewards, which amasses over 35 million members and earned the brand the highest ranking in World Report’s Best Hotel Rewards Programs.
With 25 hotel brands in its chain, AccorHotels is one of the largest hotel brands outside the United States. A host of more than half a million guests every day, AccorHotels has made a major breakthrough by merging with FRHI Hotels & Resorts.
Club AccorHotels, the hotel’s popular loyalty program, gathers more than 27 million guests from around the world and covers 4,530 hotels on offer. The brand’s greatest strength is catering for all types of guests, regardless of their budget. Therefore, AccorHotels includes both luxury brands and important but affordable comfort brands. The total value of the brand is estimated at $2.24 billion.
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This hotel group is already a great brand in the hospitality industry, known for building great hotel brands. The group owns more than 5,400 hotel units worldwide and had a total revenue of $1,784 billion in 2017 alone.
However, the key to their success was investing in Regent Hotels and buying a 51% stake. With 974 properties in ownership, the group has expanded into a diverse customer market, serving guests from more than 100 countries around the world.
Choice Hotels is one of the most successful and well-known hotel chains in the world, mainly focused on franchising lodging services. The chain brings together well-established names from the world of hospitality, such as Comfort Suites, Comfort Inn, Econo Lodge, and Clarion. Choice Hotels caters to both leisure and corporate clientele.
The brand has more than 6,300 properties with 6,800 rooms on offer, from top luxury to economy properties. Their total brand value is currently $1 billion.
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Getting into hotel revenue management sounds like a daunting and daunting task, but it’s not that hard to get there. It is important to stay up-to-date with the latest key performance indicators and ratios to know what your hotel, market, guests and industry are doing at all times. Having all of this at your fingertips will make forecasting your performance and profits more manageable.
A graduate of Stanford University, Arielle has over 5 years of experience in the hospitality industry. He holds an MBA in Business Administration from IDC Herzliya, Israel. He currently works as an Account Manager in , building and maintaining strong, long-term client relationships. He is deeply interested in helping hoteliers unlock significant new revenue streams from unsold premium inventory. By continually building on timeless classics with modern components, they bring their legacies to life. Constantly developing internally and taking care of social issues around, they proudly fulfill the promise of providing quality stays around the world.
Born in 1981 in Dallas, Wyndham is a newer player in the game with headquarters in New Jersey. Still
