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Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
The hotel chain was founded as Value Place in 2003 by Jack DeBoer. [2] In April 2015, the brand changed its name from Value Place to WoodSpring Suites. [3] [4] In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. [5] [6] As of June 30, 2020, there are 281 hotels with 33,797 rooms in the chain. [1]
In 1956, Sonnabend merged Sonnabend Operated Hotels with Childs Company, forming the Hotel Corporation of America. The company purchased the Mayflower Hotel in Washington, D.C., that year. [11] The first Charterhouse Hotel was opened in Bangor, Maine, in 1957. Twenty-five other Charterhouse Hotels were built between 1957 and 1983.
By 2016, Vantage Hospitality operated 10 brands, including Best Value Inn and Value Inn Worldwide. [1] America's Best Value Inn received a Hotel Vikas diamond award in 2010 in the Best Hotel Franchisor category. [2] Hotel Vikas is a trade publication targeted to hotel CEOs. In 2005, Vantage introduced the Lexington by Vantage brand. [3]
In 2018, Red Roof announced the launch of their first soft brand, The Red Collection, a chain of midscale hotels in downtown urban areas featuring modern decor inspired by the city where it is located. The flagship location, The St. Clair Hotel - Magnificent Mile, opened in 2018 in Downtown Chicago.
AJ Capital Partners was founded by Ben Weprin, [4] the current CEO, in 2008. [2] [3] Other projects have included restorations of existing hotels and development of new properties, several located in Chicago and Nashville, such as Chicago Athletic Association, Soho House Chicago, Thompson Chicago and Hotel Lincoln, as well as Thompson Nashville in Nashville.