These short reports are based on quarterly earnings reports of select leading, internationally branded hotel companies. We compiled and analysed data to drawconclusions that can be projected to the global hotel industry at large. This series ispublished quarterly with the intention to serve as a new source of credible andinteresting information for industry stakeholders of all kinds.

For data compatibility we have picked and analysed companies traded on U.S. stock exchanges, namely Marriott International (NASDAQ: MAR), Hilton Worldwide Holdings (NYSE: HLT), InterContinental Hotels Group (NYSE:IHG and LON:IHG), and Hyatt Hotels Corporation (NYSE: H).The conclusions drawn in this report are the result of data analysis from a diverse group of randomly selected companies.

These selected companies, as of today,together represent a total geographic coverage of 108 countries across the globeand collectively comprise 23,645 internationally branded properties at the time ofthe preparation of this study (December, 2023).

This robust dataset serves as a representative sample, providing valuable insights into the performance of theglobal hotel market.

We hope our quarterly reports are valuable resources, providing you with a new angle on the evolution of the industry, its news and trends.

You can subscribe to our e-mail list at to receive the Hotels Quarterly at the time of its publishing.

Moore Hotels and Leisure specialises in industry-specific strategic, hotel development and M&A transaction advisory, working closely with owners, developers, financiers, hotel brands & operators and other industry stakeholders.

Thank you for choosing to be part of our journey.