Following its recent announcement of strong global net rooms growth and a record year of global rooms signings, Marriott International today announced a year of robust room signings and additions across the Caribbean and Latin America (CALA) in 2023. The company nearly doubled its number of organic deal signings in the region versus prior year, signing 57 transactions and nearly 7,300 rooms in 2023 to reach a solid pipeline of 24,000 rooms across the region at the end of last year.
HotelREZ outpaces market at 52% growth
HotelREZ Hotels & Resorts, one of the world’s leading hotel representation companies, has outpaced the market with 52% revenue growth with reservations up by over 42% in the past 12-months.
Extended Stay America celebrates 20% growth in franchise portfolio
Extended Stay America, the leading mid-price extended stay brand, announced today its growth outlook through franchising, following the momentum from a strong year of milestones, including 20% growth of its franchise portfolio across its family of brands: Extended Stay America Premier Suites, Extended Stay America Suites and Extended Stay America Select Suites.
IHG’s expansive culinary brand portfolio achieves high-quality growth
IHG continue to retain their prestigious awards, a recognition of the outstanding performance of the Group’s food and beverage brands and the teams behind them, as well as a testament of IHG’s unchanging dedication to exceptional service. With the upcoming Chinese New Year marking a peak in food and beverage activities, IHG is strategically positioned to showcase its expertise by seamlessly integrating F&B segments within hotels.
IDeaS names Michael McCartan to lead growth across Europe, Middle East, and Africa
IDeaS Revenue Solutions, the world’s leading provider of automated revenue management software and services, announced today that Michael McCartan has joined the company as area vice president for Europe, the Middle East, and Africa (EMEA) effective March 2, 2023. McCartan will drive the company’s growth and expansion in one of the hotel industry’s most strategic regions.
Mills James growth shows ‘Meetings Business is Back!’
Award-winning, concierge-level, audiovisual services provider Mills James is on a fast-track for growth. In 2022, the company’s AV for hospitality business exceeded pre-pandemic levels across all client venues, including hotels and convention centers servicing seven states and Mexico .
Radisson Hotel Group enters 2023 with strong foundation for growth
Radisson Hotel Group has paved the way for a strong 2023 by strengthening its foothold in Asia Pacific, doubling the number of signings in 2022, celebrating new openings, and announcing market entrances. Last year, growth in priority markets was spearheaded by highly localized strategies which included the establishment of dedicated Business Units with on-the-ground teams to enhance support for the Group’s owners and partners in their time zones and local languages.
Marriott to more than triple portfolio in Philippines
Marriott International expects to have more than 5,000 rooms in the Philippines by end 2024, driven by strong owner demand
OYO reaches U.S. milestone
OYO Hotels & Homes continues to execute in a single direction in the US, with 100+ Hotels in More Than 21 States & 60+ Cities; continuing to add one building per day.
Strand Hospitality expects to grow by 70% in 2 years
Strand officials said that they expect the company to grow from 30 opened hotels to at least 50 properties by 2021.
