vvLUXURYHOTELSUSDecember18,201711EXCERPTTHEFULLREPORTISAVAILABLETOL2MEMBERSONLY.INQUIREABOUTMEMBERSHIP.LUXURYHOTELSUS2017mailto:membership%40l2thinktank.com?subject=L2%20membership%20Inquiry22December18,2018EXCERPTLUXURYHOTELSUS2017INTRODUCTIONRANKINGDISCOVERYPATHTOPURCHASECONTENTRETENTIONEXCERPTAdjoiningRoomsOncerepletewithindependentbrands,theluxuryhotelsectorhasconsolidateddrasticallyoverthepasttwoyears.Since2016,bothAccorandMarriottInternationalInc.havedoubledtheirbrandportfolioviaacquisitions,leavingfewcompetitorsoutsideoflegacygiantsHyattHotelsCorp.andHiltonWorldwide.Marriottincreaseditsnumberofpropertiesbynearly40percentforapricetagof$12.2billion,1whileAccorboosteditsfootprintbyabout4percentfor$2.7billion.2Analystshaveinterpretedtheseacquisitionsascalculatedeffortstoincreasestakeintheluxurym