When it comes to hotel brands, it’s become a dog-eat-dog world. Ever since Marriott International acquired Starwood to create the world’s biggest hotel company, consolidation has been the name of the game.

And while no other company has come close to matching Marriott’s size, that’s not for lack of trying. Intercontinental Hotels and Resorts, for instance, has scooped up big luxury names such as Regent and Six Senses. Hyatt Hotels has beefed up its portfolio, acquiring boutique hospitality ventures Thompson and Alila and partnering with Small Luxury Hotels of the World. And while it hasn’t exactly been on a buying spree, Hilton has been busy spinning off new brands Motto, Signia, and Tru.

What does all that add up to? Bigger, better loyalty programs whose members can redeem their points almost anywhere in the world.

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