Marriott revenue 1999-2023

Global hotel giant Marriott generated approximately 23.71 billion U.S. dollars in revenue in 2023, up from 20.77 billion the previous year. The company's revenue dropped by roughly half in 2020 as a result of the coronavirus (COVID-19) pandemic. That year, global travel restrictions severely impacted the hotel industry. 

Leading global hotel chains

In 2023, Marriott was the leading hotel company worldwide in terms of revenue, ranking ahead of other large hotel chains such as MGM Resorts International, Caesars Entertainment, and Hilton. When it came to number of properties, Marriott accounted for over eight and a half thousand hotels worldwide in 2022. Hilton accounted for roughly 1,000 fewer properties during that same period. 

Which hotel company has the highest brand value?

In terms of brand value, Marriott placed among the top five most valuable hotel brands leading global hotel brands with a brand value of over two billion U.S. dollars in 2022. Hilton recorded the highest hotel brand value in 2022, valuing at over twelve billion U.S. dollars. Meanwhile, Hyatt ranked second in terms of brand value at 5.9 billion.