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Ways to Grow International Hotel Chains (part 1)

· Grow,Develop,Hotel Chains,Real Estate,Adam Hochfelder
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According to Hochfelder, Central, East, Southeast Europe and other areas in transition like South America, have enabled further expansion of international hotel chains and opened the space for their entry into numerous countries where they were or have not been present, or have operated on a limited scale. These areas will continue to be in the focus of international expansion of large chains according to Hochfelder. As an example, he points that Accor may gain up to 200,000 new hotel rooms in the next five years.

In this case, points Adam, the biggest part of their planned increase is in economic and budget hotels (56%), followed by hotels in the middle class (34%), while the remaining hotel rooms (10%) are in luxury and high-class hotels. Their planned growth would increase the number of facilities in the ownership of the corporation, while it would significantly reduce the current participation of facilities under the franchise and the contract on management.