Hotels, Motels & Resorts
Industry Description
The US hotel, motel, and resort industry consists of about 40,000 companies that operate about 50,000 properties, with combined annual revenue of about $120 billion. Large US companies include Marriott International, Hilton Worldwide, Starwood Hotels & Resorts, and Wyndham Worldwide. The industry is fragmented: the 50 largest companies generate about 45 percent of revenue.
SIC: 7011
NAICS: 721110
NAICS: 721110
Related Industries:
Automobile Rental & Leasing, Travel Agencies & Services, Food Service Contractors, Gambling, Restaurants, Real Estate Investment Trusts (REITs), Airlines, Taxi & Limousine Services, Bed & Breakfast Inns, Catering Services , Amusement Parks & ArcadesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| CORINTHIA PALACE HOTEL COMPANY LIMITED | 229,217.41M | Floriana, Malta |
| HILTON WORLDWIDE, INC. | 79,000.00M | Memphis, TN |
| MAMLAKA LANGKAWI SDN. BHD. | 19,212.91M | Langkawi, Kedah |
| Marriott International, Inc. | 12,317.00M | Bethesda, MD |
| CARLSON HOLDINGS, INC. | 10,732.10M | Minnetonka, MN |
There are 482,602 companies in this industry. To view all of them, register now.Trends
Acquisitions, Consolidation - Hotel chains' marketing efficiencies drive acquisitions, and increasingly, so...
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The average US retail price for diesel and regular gas, which determines how much people travel domestically on vacation or on business, rose 2.4 percent and 5.3 percent respectively in the week ending May 14, 2012, compared to the same week in 2011.
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Forecast: Strong Improvements in Hotel Market Values - Overall US hotel values, an indicator of investor interest in the industry, are projected to rise by 13 percent in 2012, according to the Penn...
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