Top Companies in US Hospitality Market
This report lists the top US Hospitality companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the US Hospitality industry.
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Marriott International
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Hilton Worldwide
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Wyndham Hotels & Resorts
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InterContinental Hotels Group (IHG)
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Choice Hotels International Inc.
*Disclaimer: Top companies sorted in no particular order
US Hospitality Market Concentration
US Hospitality Company List
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS AND INSIGHTS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Growing Tourism Increasing Demand for Hospitality Services
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4.2.2 Consistent Demand for Business Travel and Corporate Hospitality Services
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4.3 Market Restraints
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4.3.1 Stringent Government Policies and Regulations Limiting the Market Growth
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4.3.2 Lack of Skilled Labor is a Challenge for the Market
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4.4 Market Opportunities
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4.4.1 Integration of Technology Such as AI, Automation, and Data Analytics
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4.4.2 Rising Trend of Personalized Travel Experiences and Experiential Tourism
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4.5 Value Chain Analysis
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4.6 Industry Attractiveness: Porter's Five Forces Analysis
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4.6.1 Threat of New Entrants
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4.6.2 Bargaining Power of Buyers/Consumers
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4.6.3 Bargaining Power of Suppliers
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4.6.4 Threat of Substitute Products
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4.6.5 Intensity of Competitive Rivalry
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4.7 Impact of COVID-19 on the Market
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4.8 Insights Into Technological Advancements in the Industry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Chain Hotels
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5.1.2 Independent Hotels
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5.2 By Segment
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5.2.1 Service Apartments
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5.2.2 Budget and Economy Hotels
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5.2.3 Mid and Upper Mid-Scale Hotels
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5.2.4 Luxury Hotels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Concentration Overview
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6.2 Company Profiles
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6.2.1 Marriott International
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6.2.2 Hilton Worldwide
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6.2.3 Wyndham Hotels & Resorts
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6.2.4 InterContinental Hotels Group (IHG)
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6.2.5 Choice Hotels International
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6.2.6 Best Western Hotels & Resorts
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6.2.7 Hyatt Hotels Corporation
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6.2.8 G6 Hospitality
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6.2.9 Aimbridge Hospitality
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6.2.10 Airbnb*
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- *List Not Exhaustive
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7. FUTURE MARKET TRENDS
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8. DISCLAIMER AND ABOUT US
Specific to US Hospitality Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
US Hospitality Market Companies Summary
The hospitality industry in the United States has been experiencing growth due to an increase in both international and domestic travel. This growth has been beneficial for companies operating within the industry, with the total value of bookings increasing significantly. The rise in international arrivals has also been a boon for businesses, particularly those in popular cities. The growth in digital innovation has been particularly beneficial for firms that operate shared spaces, allowing them to effectively reach their target audience. These positive trends have led to high expectations for future growth in the hospitality sector. The year-over-year growth in revenue has been a key driver for the hospitality industry in the United States. Despite fluctuations in occupancy rates, the overall revenue generated by businesses in the sector has consistently increased. The entry of new players with innovative business models, such as shared space providers, has had a significant impact on the industry. These companies have managed to attract a large consumer base, particularly among younger demographics, with their competitive pricing strategies. The concept of shared space has given traditional players in the hospitality industry stiff competition, altering the industry landscape.
Explore MoreUS Hospitality Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Market Concentration Overview
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1.2 Company Profiles
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1.2.1 Marriott International
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1.2.2 Hilton Worldwide
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1.2.3 Wyndham Hotels & Resorts
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1.2.4 InterContinental Hotels Group (IHG)
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1.2.5 Choice Hotels International
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1.2.6 Best Western Hotels & Resorts
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1.2.7 Hyatt Hotels Corporation
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1.2.8 G6 Hospitality
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1.2.9 Aimbridge Hospitality
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1.2.10 Airbnb*
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- *List Not Exhaustive
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US Hospitality Companies FAQs
Who are the key players in US Hospitality Market?
Marriott International, Hilton Worldwide, Wyndham Hotels & Resorts, InterContinental Hotels Group (IHG) and Choice Hotels International Inc. are the major companies operating in the US Hospitality Market.