Top 10 Hotel Chains in Middle East & Africa in 2021 by No. of Properties
Accor SA, Marriott International Inc, Tsogo Sun Gaming Limited, InterContinental Hotels Group Plc, and Hilton Worldwide Holdings Inc are the top 5 hotel chains in Middle East & Africa in 2021 by number of properties. Cumulatively, the top 10 Hotel Chains in the Middle East & Africa reported a total of 892 properties, the highest properties were reported by Accor SA (216), followed by Marriott International Inc (185) and Tsogo Sun Gaming Limited (95), while the Hyatt Hotels Corp with 34 properties stood the lowest. In terms of the geographical split, 5 out of the top 10 hotel chains in the Middle East & Africa are based in North America, while 2 are based in Asia, 2 are based in Africa, and the remaining are based in Europe. They employed a total of 495,977 people in 2021. France-based Accor SA is the leading hotel chain in the Middle East & Africa (by no. of properties). The company reported revenues of $2,606 million with revenue growth of 35.97% in the fiscal year ending 2021 (FY2021). The company manages and franchises luxury and upscale, midscale, and economy hotels. It operates hotels under various brand names including Raffles, Sofitel, Fairmont, Swissotel, Adagio, MGallery, Pullman, Grand Mercure, Novotel, Novotel Suites, Adagio Access, ibis, ibis Styles, ibis Budget and hotelF1, among others. The company reported 242 properties in the year 2020. Its operations span across Europe, the Middle East and Africa, North America, Central America and the Caribbean, South America, and Asia-Pacific, and employs 158,604 people. Marriott International Inc is one of the leading hotel chains in the Middle East & Africa (by no. of properties). The company reported revenues of $13,857 million with average revenue growth of 31.09% in the fiscal year ending 2021 (FY2021). It operates, franchises, and licenses hotels, residential and timeshare properties under several luxuries, premium, and select brand names. The company reported 185 properties in the year 2020. The company’s operations span North America, Europe, Africa, the Middle East, Asia-Pacific, the Caribbean, and Latin America, and employs 120,000 people.