Properties and Rooms in 2022

In 2022, the company reported a total of 207 properties and 69,806 rooms, marking a continued expansion in the Greater China region. This growth reflects the company's strategic focus on increasing its footprint in a market characterized by rising demand for hospitality services. The number of rooms available indicates a robust capacity to accommodate guests, which is essential for meeting the needs of both business and leisure travelers. The increase in properties and rooms is indicative of the company's commitment to enhancing its service offerings and improving customer experience in a competitive landscape. The data from 2023 shows a slight increase in the number of rooms, with 15,674 rooms reported, alongside 43 properties. This upward trend suggests that the company is not only maintaining its existing portfolio but also actively seeking opportunities for further development. The hospitality sector in Greater China has been experiencing significant growth, driven by factors such as increased domestic travel and a resurgence in international tourism. The company's ability to adapt to market demands and expand its offerings will be crucial for sustaining its growth trajectory in the coming years.