In the hotel industry, the term portfolio refers to all hotels belonging to a hotel group, chain, or operator. It encompasses various categories of hotels, which may differ in terms of location, brand, star rating, target group, or concept. A hotel portfolio can include owned hotels, franchise hotels, and management contracts. A hotel company’s portfolio provides insight into its market strategy, target audience, and diversification. A well-balanced portfolio strategy helps minimize economic risks and meet the needs of different guests.