Tag: pipeline
Hyatt Opened Record 90 Hotels in 2019 and Expanded Pipeline to 500
CHICAGO — Hyatt Hotels Corporation this week reported its Q4 2019 financial results. The company opened a record-setting 90 hotels in 2019, with net...
IHG Added 65,000 Rooms Globally in 2019
This week, IHG reported its 2019 Preliminary Results, including net system size growth of 5.6 percent1, the strongest in over a decade with 65,000...
January’s Hotel Construction Up 6.8 Percent Over Last Year
HENDERSONVILLE, Tenn. — As of the end of January 2020, STR's data showed 1,615 projects accounting for 208,807 rooms in the U.S. hotel construction...
Comfort Opened More Than One Hotel Per Week in 2019
ROCKVILLE, Md. — Choice's Comfort brand has delivered on its plan to open more than one hotel per week in 2019. Over one-third of...
Marriott’s Hotel Pipeline Reaches an All-Time High
PORTSMOUTH, N.H. — Marriott International's hotel construction pipeline has reached an all-time high with 1,579 projects/207,906 rooms—the largest of any franchise company, according to...