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Chinese Companies Crawl up the Charts

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CHINESE COMPANIES CRAWL UP THE CHARTS THE ENORMOUS OPPORTUNITY FOR HOTEL DEVELOPMENT IN China has been the talk of the industry for the better part of the last decade, but 2010 may be remembered as the year when it turned the corner from potential to realization. Fifteen of the top 16 companies in the newest HOTELS’ 325 ranking added net inventory from a year ago, and nearly all posted major gains in China, with many more projects on the way. “All international hotel companies are gaining acquired in May by Home Inns for US$470 traction with Chinese consumers, as they are all million, a merger that will vault the combined signing up hotels in larger and larger numbers company well past 100,000 total guestrooms — it’s every hotel company’s largest market for and could result next year in the first new growth,” says Robert Hecker, the Singapore- addition to the overall top 10 list in a half decade. based managing director for consultancy In all, there are 26 China-based companies in the Horwath HTL. top 300 on this year’s list, up from 24 last year Despite intense ongoing pushes for China and 18 in 2009. expansion by most of the international hotel There was some movement in the top 10 companies in HOTELS’ 325 top 10, however, list this year, with Marriott International Inc. it has been China’s domestic budget brands leapfrogging Wyndham Worldwide and that are dominating investor attention of late. Starwood Hotels & Resorts Worldwide Inc. just Four such brands have already jumped from barely edging past Best Western International. relative obscurity into the list of the top 50 largest It is the first time since 2007 — when Accor SA brands in the world — Home Inns from Home jumped Choice Hotels International — that the Inns & Hotels Management (13th), Jin Jiang order at the top of the chart has changed. Inns from Shanghai Jin Jiang International Hotel The biggest upward mover on this year’s list Group Co. Ltd. (12th), 7 Days Inn from 7 Days is Tokyo-based Hotel Okura Co. Ltd., which Group Holdings Ltd. (23rd) and Motel 168 from jumped from 161st last year to 42nd this year Shanghai Motel Chain Co. Ltd. (36th). on the strength of its 2010 acquisition of JAL It should be noted that Shanghai Motel was Hotels Co. Ltd. www.hotelsmag.com September 2011 HOTELS 21 SPECIAL REPORT: HOTELS’ 325 2010 2009 2010 2010 2009 2009 Rank Rank COMPANY LOCATION Rooms Hotels Rooms Hotels 1 1 InterContinental Hotels Group PLC Denham, England 647,161 4,437 646,679 4,438 2 3 Marriott International Inc. Bethesda, Maryland 618,104 3,545 595,461 3,420 3 2 Wyndham Worldwide Parsippany, New Jersey 612,735 7,207 597,674 7,114 4 4 Hilton Worldwide McLean, Virginia 604,781 3,671 585,060 3,530 5 5 Accor SA Évry, France 507,306 4,229 499,456 4,120 6 6 Choice Hotels International Inc. Silver Spring, Maryland 495,145 6,142 487,410 6,021 7 8 Starwood Hotels & Resorts Worldwide Inc. White Plains, New York 308,736 1,041 298,522 992 8 7 Best Western International Phoenix, Arizona 308,692 4,038 308,477 4,048 9 9 Carlson Hotels Worldwide Minneapolis, Minnesota 162,143 1,064 159,756 1,058 10 10 Hyatt Hotels Corp. Chicago, Illinois 127,507 453 122,317 424 11 11 Westmont Hospitality Group Houston, Texas 116,913 813 113,771 803 12 13 Shanghai Jin Jiang International Hotel Group Co. Ltd. Shanghai, China 107,019 707 89,251 546 13 19 Home Inns & Hotels Management Shanghai, China 93,898 818 71,671 616 14 15 The Rezidor Hotel Group Brussels, Belgium 87,868 411 83,200 389 15 17 Meliá Hotels International Palma de Mallorca, Spain 87,000 350 76,887 305 16 16 LQ Management LLC Irving, Texas 83,635 820 78,945 766 17 14 TUI Hotels & Resorts Hanover, Germany 79,511 261 83,728 297 18 12 Louvre Hotels Group Paris, France 78,230 1,023 91,409 1,097 19 18 Extended Stay Hotels Spartanburg, South Carolina 77,200 683 76,384 686 20 32 Iberostar Hotels & Resorts Palma de Mallorca, Spain 67,400 101 36,000 100 21 20 Vantage Hospitality Group Inc. Coral Springs, Florida 60,081 973 65,232 906 22 21 NH Hoteles SA Madrid, Spain 58,687 397 61,317 401 23 34 7 Days Group Holdings Ltd. Guangzhou, China 56,410 568 32,836 337 24 23 Interstate Hotels & Resorts Arlington, Virginia 50,666 242 46,129 228 25 37 China Lodging Group Ltd. Shanghai, China 50,438 438 28,360 236 26 24 Barceló Hotels & Resorts Palma de Mallorca, Spain 46,922 182 45,939 181 27 25 MGM Resorts International Las Vegas, Nevada 46,533 17 45,701 16 28 26 Whitbread PLC Leagrave, England 44,062 593 40,000 583 29 28 Caesars Entertainment Inc. Las Vegas, Nevada 42,931 33 39,000 34 30 27 Riu Hotels & Resorts Playa de Palma, Spain 42,000 107 39,208 104 31 – Toyoko Inn Co. Ltd. Tokyo, Japan 41,926 217 – – 32 33 Fairmont Raffles HotelsI nternational Toronto, Ontario 37,958 100 35,831 94 33 30 Red Roof Inn Columbus, Ohio 35,786 342 36,298 343 34 31 The Walt Disney Co. Burbank, California 32,536 34 36,119 36 35 38 Travelodge Hotels Ltd. Thame, England 31,953 463 28,294 393 36 42 Shanghai Motel Chain Co. Ltd. Shanghai, China 30,856 266 23,084 199 37 36 Millennium & Copthorne Hotels PLC London, England 29,532 103 29,340 105 38 35 Shangri-La Hotels and Resorts Hong Kong, China 29,408 70 29,700 65 39 39 Scandic Hotels Stockholm, Sweden 27,204 147 25,070 138 40 78 Pyramid Hotel Group Boston, Massachusetts 25,864 64 13,325 40 41 – Nordic Choice Hotels Oslo, Norway 25,819 169 – – 42 161 Hotel Okura Co. Ltd. Tokyo, Japan 24,809 79 6,797 22 43 99 Pandox AB Stockholm, Sweden 24,800 122 10,700 46 44 43 HK CTS Hotels Co. Ltd. Beijing, China 23,964 74 22,393 66 45 29 Pillar Hotels & Resorts Irving, Texas 23,900 233 37,900 348 46 41 Club Méditerranée Paris, France 23,816 84 23,816 84 47 54 Highgate Hotels Irving, Texas 23,362 43 18,313 39 48 47 White Lodging Services Corp. Merrillville, Indiana 23,157 154 20,259 144 49 48 Jinling Hotels & Resorts Corp. Nanjing, China 23,057 92 19,785 81 50 44 Prince Hotels Inc. Tokyo, Japan 22,077 56 22,077 56 22 HOTELS September 2011 www.hotelsmag.com SPECIAL REPORT: HOTELS’ 325 2010 2009 2010 2010 2009 2009 Rank Rank COMPANY LOCATION Rooms Hotels Rooms Hotels 51 52 The Ascott Ltd. Singapore 22,000 152 19,000 112 52 22 GreenTree Inns Hotel Management Group Inc. Shanghai, China 21,600 240 49,700 450 53 51 Value Place Wichita, Kansas 21,576 174 19,175 163 54 55 Barony Hotels & Resorts Worldwide London, England 21,308 74 18,009 61 55 46 Ocean Hospitalities Inc. Portsmouth, New Hampshire 21,031 138 20,887 132 56 45 BTG-Jianguo Hotels & Resorts Beijing, China 20,245 69 21,358 71 57 49 Grupo Posadas Mexico City, Mexico 20,006 113 19,600 111 58 53 John Q. Hammons Hotels & Resorts Springfield, Missouri 18,988 78 18,760 77 59 50 Four Seasons Hotels and Resorts Toronto, Ontario 18,758 84 19,231 83 60 59 B&B Hotels Ltd. Brest, France 18,192 242 16,162 215 61 – InTown Suites Hospitality Corp. Atlanta, Georgia 17,978 138 – – 62 64 Mövenpick Hotels & Resorts Glattbrugg, Switzerland 17,360 68 15,708 69 63 56 Drury Hotels Co. LLC St. Louis, Missouri 17,259 125 17,208 124 64 89 GF Management LLC Philadelphia, Pennsylvania 17,204 107 11,893 73 65 61 Omni Hotels Irving, Texas 16,970 50 16,000 45 66 60 APA Group Tokyo, Japan 16,857 74 16,091 69 67 67 TPG Hospitality Inc. Cranston, Rhode Island 16,823 63 15,080 57 68 – Panorama Hospitality Tokyo, Japan 16,735 70 – – 69 62 The Chartres Lodging Group LLC San Francisco, California 15,411 33 15,947 35 70 69 Kempinski Hotels Geneva, Switzerland 15,399 64 14,993 60 71 71 Maritim Hotels Bad Salzuflen, Germany 15,177 51 14,500 51 72 – Interchange & Consort Hotels York, England 14,980 275 – – 73 57 America's Best Franchising Inc. Atlanta, Georgia 14,979 241 17,162 251 74 98 Aimbridge Hospitality Carrollton, Texas 14,795 71 10,741 56 75 40 Columbia Sussex Corp. Crestview, Kentucky 14,775 45 23,932 69 76 58 Rewe Touristik GmbH Cologne, Germany 14,616 56 16,637 59 77 70 Southern Sun Hotels Pty. Ltd. Bryanston, South Africa 14,342 89 14,533 87 78 74 HNA Hotels & Resorts Beijing, China 14,198 58 13,842 58 79 65 Grupo Husa Barcelona, Spain 13,895 128 15,632 144 80 88 Crescent Hotels & Resorts Fairfax, Virginia 13,642 65 12,000 55 81 94 Sage Hospitality Resources Denver, Colorado 13,584 65 11,075 53 82 – Steigenberger Hotels AG Frankfurt, Germany 13,502 79 – – 83 97 Las Vegas Sands Corp. Las Vegas, Nevada 13,326 6 10,742 5 84 – Delta Hotels Ltd. Toronto, Ontario 13,297 47 – – 85 73 Fiesta Hotel Group Ibiza, Spain 13,256 46 13,907 48 86 79 Park Management Group Smyrna, Georgia 13,115 153 13,239 154 87 72 Tokyu Hotels Tokyo, Japan 13,110 41 14,439 56 88 68 Mantra Group Surfers Paradise, Australia 13,000 130 15,000 138 89 76 Crestline Hotels & Resorts Inc.
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