Best Western Targets 120 Hotel Projects in North America
Wednesday January 23rd, 2013 - 12:04AM GH
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PHOENIX–Best Western International expects to add 120 properties, either constructed or converted, to its North American development pipeline in 2013.
More than 80% of these hotels are expected to be either a Best Western Plus or Best Western Premier, according to president & CEO David Kong. More than 40% of the membership association's 2013 development pipeline will be new construction projects, up from 35% in 2012. This will add more than 10,800 guestrooms to the Best Western system.
In addition, Best Western hotel owners in North America are expected to invest approximately $70 million in property improvements this year, noted VP of North American development Mark Williams.
Tags: • Hospitality • Construction/Renovation • Ownership •
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