Major hotel brands, including Marriott, Hilton, and Hyatt, do not directly own the majority of the properties associated with their names. Despite their global presence, these hotel companies mostly operate under management or franchise agreements rather than holding ownership of their hotels.
By focusing on management and franchising, these hotel chains can extend their footprint worldwide without the need for significant capital investments in physical buildings. This approach enables them to maintain brand consistency and operational control while avoiding the financial burdens and risks tied to property ownership.
