InterContinental world’s largest hotel chain

InterContinental Hotels Group is the largest hotel chain in the world, according to an assessment of the worldwide hotel industry by MKG Consulting.

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By  Shilpa Mathai Published  April 18, 2004

InterContinental Hotels Group is now the largest international hotel chain in the world, according to an assessment of the worldwide hotel industry in 2003 undertaken by MKG Consulting. By acquiring the American group, Candelwood Suites, the British InterContinental Hotels Group (formerly Six Continents) has taken a leap forward, allowing it for the first time in its history, to take over the former world leader, Cendant. The US $15 m acquisition of Candlewood Suites brings the total number of InterContinental hotels to 3,520 and 536,518 rooms worldwide. Cendant, meanwhile, has recorded a drop in the number of its rooms to 518,435 rooms. Best Western is the brand with the widest global coverage despite the considerable expansion of Holiday Inn’s Express (+10.2% in number of rooms) and Accor's Novotel (+7.3% in number of rooms) brands in 2002 . Marriott solidified its third place with an increase of more than 26,000 rooms, which corresponds to a rise of 5.7% over its rooms inventory in 2002. Accor continued its international expansion; as of January 2004, the chain had a total of 453,403 rooms worldwide. Despite difficult global conditions, most hotel groups continued their expansion, notably through franchising. MKG Consulting gathers monthly data from 40,000 hotels, representing over 2.2 million rooms to present its annual survey of the worldwide hospitality industry.

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