MINNEAPOLIS Country Inns & Suites by Carlson announced that the brand has opened nine new hotels and signed 13 license agreements during the third quarter of 2000. To date in 2000, 37 new hotels opened and 41 license agreements were signed.
Country Inns & Suites also said that systemwide revenues grew 27% during the third quarter, with YTD growth in systemwide revenues of 32%. In addition, systemwide RevPAR during the third quarter grew 1.5%, with YTD growth of 4%.
The new hotels represent an addition of 711 guestrooms to the brand portfolio. There are currently 240 properties worldwide. (11/5/00)