Out of the 10 most profitable hotels in the world, six are located in the United States. Most of these hotels are the preferred choices of guests today based on the modern amenities and luxuries they offer. The most profitable hotels in the world have earned a global reputation based on their impeccable services, modern day facilities, grand structures, and peerless customer service, all of which goes a long way to creating memorable experiences for their guests.
In order to remain at the top of their game, the 10 most profitable hotels in the world have kept evolving over the years to satisfy the ever-changing needs and preferences of their guests. Today’s hotels offer a perfect blend of traditional facilities with a modern touch of technology. Many guests now prefer boutique hotels, which has compelled several larger hotel companies like Marriott, Hyatt and Hilton to modify their designs to much simpler forms, in order to please their clientele. Technology has also swept the hotel industry in a big way, with online booking becoming, mobile check-in and check-out, 24 hour Wi-Fi, and more being standard features.
The hotel business is a highly competitive one and the top players have to keep updating and upgrading themselves so as to remain relevant and profitable. While location, amenities, accessibility, and value are the top factors to consider when booking a hotel, technology-adept properties and a unique experience are also heavily preferred by the masses today.
The list of the most profitable hotels in the world will give you a fair idea of what the modern business traveler and Millennial looks for in a hotel. The following hotels are ranked based on their profitability over their most recently-reported 12-month period, as reported by Forbes. Check out the list beginning on the next page.
For further hotel-related reading afterwards, check out our list of the 10 Largest Hotel Chains in the US.
10. Hyatt Hotels Corporation (NYSE:H), United States
Trailing 12-Month Profit: $204 million
Ranking tenth on our list of the 10 most profitable hotels in the world is Hyatt Hotels Corporation, with reported 12-month profit of $204 million. It is a global hospitality company that owns and operates a portfolio of properties including full-service hotels, select service hotels, resorts, and vacation properties. The company owns eight brands, six out of which fall under the company’s full-service hotels and resorts. Hyatt’s segments include Americas; Southeast Asia, China, Australia, South Korea and Japan; and Europe, Africa, the Middle East, and Southwest Asia.
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9. Wynn Resorts, Ltd. (NASDAQ:WYNN), United States
Trailing 12-Month Profit: ~$242 million
We are continuing our list of most profitable hotels in the world with Wynn Resorts, Limited (NASDAQ:WYNN) that develops and operates destination casino resorts which also provide accommodations and other amenities. It owns Wynn Las Vegas and Encore in Las Vegas and Wynn Macau and Wynn Palace in Macau and China. Wynn Macau is the only resort having received eight Forbes Five-Star awards. Wynn Palace is a luxury resort inaugurated last year. The properties are outfitted with modern facilities, including meeting and convention space; recreation and leisure facilities, health clubs, spas, salons and pools.
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8. AccorHotels, France
Trailing 12-Month Profit: $252 million
Headquartered in Paris, AccorHotels (official name Accor S.A.) was founded in 1960 and is a French multinational group of hotels. AccorHotels owns 3,700 hotels ranging from economy lodgings to five-star hotels. Some of its well-recognized brands are Formula 1, Novotel, Suite Hotel, All Seasons, Ibis, Etap, Motel 6, Pullman, Sofitel, and Mercure. The company recently announced a new brand of hotel, Jo&Joe, which is inspired by co-living and hostels, doubtless due to expectations that co-living will become the next big trend in the hospitality industry. With reported profit of $252 million, Accor is the eighth-largest hotel chain in the world based on profitability.
7. Hilton Worldwide Holdings Inc (NYSE:HLT), United States
Trailing 12-Month Profit: $348 million
With a presence in more than 100 countries, Hilton Worldwide Holdings Inc (NYSE:HLT), the next one on the list of most profitable hotels in the world is a global hospitality company. Hilton Worldwide has an impressive property portfolio consisting of luxury and lifestyle hotels such as Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, DoubleTree by Hilton, and others. Its global assets have a cumulative value of over $26 billion, which makes Hilton Worldwide the second-largest hotel chain globally based on assets owned. The company also engages in the owning, managing and franchising of hotels, resorts and timeshare properties.
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6. InterContinental Hotels Group PLC (ADR) (NYSE:IHG), UK
Trailing 12-Month Profit: $415 million
InterContinental Hotels Group PLC (ADR) (NYSE:IHG) is the world’s first international luxury hotel, and is headquartered in Denham, UK. Started 70 years ago, the company has an extensive geographical footprint today which extends to the Americas, Europe and AMEA. InterContinental Hotels owns 5,000 hotels in over 100 countries, over 1,300 hotels in the development phase, and an impressive brand portfolio consisting of InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, and many more.
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5. Wyndham Worldwide Corporation (NYSE:WYN), United States
Trailing 12-Month Profit: $612 million
Wyndham Worldwide Corporation (NYSE:WYN), the next one on the list of most profitable hotels in the world is headquartered in New Jersey and has properties spanning six continents, ranging from economy to upscale. It owns and operates 7,800 hotels in its Hotel Group segment, vacation accommodations located in 100 countries, and 220 resorts under its Vacation Ownership segment. Wyndham was spun off from Cendant Corporation in July 2006. With reported profits of $612 million, Wyndham Worldwide Corporation ranks fifth on our list of the 10 most profitable hotels in the world.
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4. Oriental Land, Japan
Trailing 12-Month Profit: $699 million
Oriental Land was founded in 1960. The hotel group engages in the business of theme parks, hotels and land development. Tokyo Disneyland and Tokyo Disney Sea fall under the company’s theme park segment, while Tokyo Disneyland Hotel, Disney Ambassador Hotel, Tokyo Disney Sea Hotel Mira Costa, and the Palm and Fountain Terrace Hotel rank as its leading hotel brands.
3. Shenzhen Overseas, China
Trailing 12-Month Profit: $775 million
Founded in 1997 and headquartered in Shenzhen, China, Shenzhen Overseas, the number three on our list of most profitable hotels in the world engages in a variety of operations, ranging from tourism, amusement parks, and hotel development to real estate and paper packaging. South China and East China are its primary areas of operation. The company owns an impressive asset portfolio worth $20 billion, making it the fifth-largest hotel company in the world in terms of assets owned.
2. Marriott International Inc. (NASDAQ:MAR), United States
Trailing 12-Month Profit: $780 million
Founded in 1997 and headquartered in Maryland, Marriott International Inc. (NASDAQ:MAR) is second on our list of most profitable hotels in the world with a profit of $780 million. With more than 6,000 properties in 122 countries and 30 award-winning global brands, Marriott is a brand recognized for its excellence the world over. The company’s properties can be divided into luxury, upscale, upper upscale, and midscale. Marriott’s merger with Starwood Hotels and Resorts in September 2016 has resulted in the world’s largest hotel company, with revenue of over $17 billion.
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1. MGM Resorts International (NYSE:MGM), United States
Trailing 12-Month Profit: $ 1.1 billion
MGM Resorts International (NYSE:MGM) ranks first on our list of the 10 most profitable hotels in the world. MGM Resorts is one of the leading global hospitality companies, developing, building and operating destination resorts around the world. Its resorts can be classified into Las Vegas, regional and international properties, and MGM Resorts vacations. Its destination resort brands include Bellagio, MGM Grand, Mandalay Bay, and The Mirage. MGM’s business operations can be grouped into two reportable segments – domestic resorts and MGM China. MGM’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other amenities.
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