What are the most profitable hotels in the world? Now Insider Monkey shows them to us in their latest article. Most of these hotels are the preferred choices of guests today based on the modern amenities and luxuries they offer. The most profitable hotels in the world have earned a global reputation based on their impeccable services, modern day facilities, grand structures, and peerless customer service, all of which goes a long way to creating memorable experiences for their guests.
In order to remain at the top of their game, the 10 most profitable hotels in the world have kept evolving over the years to satisfy the ever-changing needs and preferences of their guests. Today’s hotels offer a perfect blend of traditional facilities with a modern touch of technology. Many guests now prefer boutique hotels, which has compelled several larger hotel companies like Marriott, Hyatt and Hilton to modify their designs to much simpler forms, in order to please their clientele. Technology has also swept the hotel industry in a big way, with online booking becoming, mobile check-in and check-out, 24 hour Wi-Fi, and more being standard features.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three hotels from their list. The first one is Hyatt Hotels Corporation, United States. Trailing 12-Month Profit is $204 million. Ranking tenth on our list of the 10 most profitable hotels in the world is Hyatt Hotels Corporation, with reported 12-month profit of $204 million. It is a global hospitality company that owns and operates a portfolio of properties including full-service hotels, select service hotels, resorts, and vacation properties. The company owns eight brands, six out of which fall under the company’s full-service hotels and resorts. Hyatt’s segments include Americas; Southeast Asia, China, Australia, South Korea and Japan; and Europe, Africa, the Middle East, and Southwest Asia.
The second one is Wynn Resorts, Ltd. United States. Trailing 12-Month Profit is ~$242 million. Wynn Resorts, Limited (NASDAQ:WYNN) develops and operates destination casino resorts which also provide accommodations and other amenities. It owns Wynn Las Vegas and Encore in Las Vegas and Wynn Macau and Wynn Palace in Macau and China. Wynn Macau is the only resort having received eight Forbes Five-Star awards. Wynn Palace is a luxury resort inaugurated last year. The properties are outfitted with modern facilities, including meeting and convention space; recreation and leisure facilities, health clubs, spas, salons and pools.
For any further interesting information read Insider Monkey’s article about 10 most profitable hotels in the world