Market Share of Hospitality Real Estate Sector
The hospitality real estate sector is a competitive market with many players who are already well-established in their respective regions. Some of the major players present in the market include InterContinental Hotels Group, Wyndham Hotel Group LLC, Choice Hotels International Inc., Marriott International Inc., Hilton Worldwide Holdings Inc., etc.
Most of the players are expanding their business by investing strategically in partnerships, acquisitions, etc. For instance, in January 2024, InnVest Hotels (InnVest), one of Canada's leading hospitality companies, announced the acquisition of 10 Ontario and Halifax Hotels. The acquisition will grow InnVest's Marriott branded franchise and managed portfolio to 14 hotels making us one of the largest owners of the brand in Canada.
Furthermore, hotels and accommodations, luxury hotels, and resorts are the most invested segments in the hospitality real estate sector by the developers. In addition, significant growth in tourism and traveling across the globe leverages market growth by grabbing the attention of various investors.
Hospitality Real Estate Market Leaders
InterContinental Hotels Group
Hilton Worldwide Holdings Inc.
Marriott International, Inc.
Choice Hotels International, Inc.
Wyndham Hotel Group, LLC.
*Disclaimer: Major Players sorted in no particular order
