Hollywood isn't a country and the movies you'd put in that category aren't necessarily written, located, and edited in the USA.
When I see a movie it must feel like I'm reading a book or it doesn't keep my attention.Lately ,alot of films being made in my country has been focused on special effects or animation. I'm a fan of cinamtography.I want to see real settings as much as possible with a good script and it doesn't matter what the movie is about(within reason),if you can incorporate those two elements well,I'm all in.
Not sure if this helps the discussion of quality, but my understanding is that Bollywood sells the most seat tickets, by far (China second and U.S. third,) but that Hollywood's actual movie revenues are multiples of Bollywood (in second place.)
What makes Hollywood the best?Just because you can spend alot of money on production and marketing doesn't give films quality and that is what has been going on lately.
I watched quite a few exquisite Spanish and Korean movies, so I can say when it comes to thrillers, these two countries are at the top. But okay, I am being genre specific, to be fair.
Recently, I got acquainted with the work of an Irish director, and he was also the author of books, which he later animated, as far as I know. I also like Hollywood films, but I advise art lovers to get acquainted with the work "Wolf Guard"
Well, Hollywood tops all of course since they have the budget and most widest of releases, but Japanese supernatural horror is atmospheric, and European filmmakers always put out riveting hockum as well.