Big hotel chains and unbranded-hotel owners find they need each other
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#4caae316 ver:0.22
IHG Hotels & Resorts is highlighting its leadership in the midscale segment at the HUNTER Hotel Investment Conference. The company had over 150 openings and 300 signings for its midscale brands in 2023. The midscale segment is projected to grow from $14 billion to $18 billion in revenue by 2030 in the U.S. alone. IHG's midscale portfolio includes six brands and over 4,400 open or in pipeline hotels in the Americas. Jolyon Bulley, CEO - Americas, IHG Hotels & Resorts, emphasizes the growth and evolution of their brands based on guest and owner feedback. IHG's midscale brands focus on high-quality experiences at affordable prices, guest preferences, smart designs, and clear brand identities. IHG's midscale brands include Holiday Inn, Holiday Inn Express, Candlewood Suites, Atwell Suites, avi...
#newstr #IhgHotels&Resorts #MidscaleSegment #HotelIndustry #FranchiseAgreements #HighinterestRates #Conversions #IndependentHotels #BigChains