Tag: pipeline
Across the Pacific
In the fourth quarter of 2012, the Asia Pacific construction pipeline reached a record high with 2,401 projects (557,505 rooms). To put these numbers...
Concord Hospitality Plans Acquisitions and Third-Party Management Programs in 2013
RALEIGH, N.C.— Concord Hospitality Enterprises announced that it has stepped up its growth strategy for 2013 to include opportunistic acquisitions/divestments and third-party management in...
Signs of Life Overseas
The European economy continues to struggle but there may be a recovery in sight for hotel development. The Europe construction project pipeline is down...
Marriott International Expects to Double its Portfolio in Asia by 2016
Marriott International, Inc. announced that it expects to more than double the size of its portfolio in the Asia-Pacific region in the next few...
Marriott to Grow Russia and CIS Portfolio
MOSCOW—Leading global hotel operator Marriott International, Inc. is on track to double its portfolio in Europe from 40,000 rooms to 80,000 rooms by 2015....