Three hotel companies exceed the 500,000-room barrier in North America

Three hotel company portfolios now exceed 500,000 rooms in North America, according to census data from STR, provider of research for the global hospitality sector. Marriott International (886,308 hotel rooms), Hilton (703,238) and Wyndham Hotels & Resorts (546,716) reported the largest room counts between the US, Canada and Mexico as of 28 May 2019. Using those same three countries and cut-off date, two brands showed more than 200,000 rooms in their existing supply: Hampton by Hilton (227,581) and Holiday Inn Express by IHG (203,792). “Those top three parent companies represent 34% of the almost 6.3m rooms in North America, and just under 69% of the total inventory across the continent flies a brand flag,” said Vail Ross, STR’s SVP of global business development and marketing. “Brands have been a favorite of lenders for the better part of the last three decades, and North America was the starting point for the brand proliferation that has occurred around the globe. “With most of the development pipeline focused in the branded segments, especially in limited-service chains, brand presence is only going to grow. The concern of course will be on how much new inventory these industry segments can absorb without a negative impact on supply — the limited-service sectors in the US are a good example of this right now.”   Top 10 (ranked by room count in North America)

Source: STR 500   As part of the STR 500, the company is releasing a combined list of more than 100 of the continent’s largest companies and brands during next week’s NYU International Hospitality Industry Investment Conference in New York City.