Top 5 Leisure Companies in the World

1. Marriott International Inc. (NYSE:MAR)

Market Cap: $45.55 billion

Marriott International operates a hospitality portfolio consisting of over 8,000 properties throughout its 30 industry-leading brands spanning across 139 countries and territories, making it the world’s 306th most valuable company by market cap as of June 2022.

Since the torrid 2020 when Covid had brought the hotel industry to a virtual halt, Marriott has witnessed a resurgence of sorts, and with air travel restrictions gradually fading away, the uptrend seems likely to persist for this global industry giant.

For the first fiscal quarter, Marriott saw its 2022 comparable systemwide RevPAR surge 96.5pc YoY worldwide. In the U.S. and Canada, this figure currently sits at 99.1pc.

Moreover, the company is also looking at earnings of $1.14 per share for the quarter, which is way above its loss of $0.03 in the same quarter last year.

On Marriott’s performance in the first quarter, CEO Anthony Capuano noted that the company saw “largest surge in global demand since the pandemic began”. Looking forward, Capuano expects robust demand trends to persist with cross-border travel gaining momentum.

Founded in 1993, Marriott International, Inc. operates in two business segments: United States and Canada (U.S. & Canada) and International. MI’s luxury hotel brands include JW Marriott, The Ritz-Carlton, and St. Regis, W Hotels, The Luxury Collection, EDITION, and Bulgari, while its Premium hotel brands include Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, Marriott Vacation Club, Westin, Renaissance, Le Meridien, Autograph Collection, Gaylord Hotels, Tribute Portfolio, and Design Hotels.

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