Opal Hospitality expands to U.S., acquires Four Points by Sheraton Charlotte‑Lake Norman, N.C.
Opal Hospitality has expanded into the U.S. market with acquisition of Four Points by Sheraton Charlotte-Lake Norman, Huntersville, N.C.
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR.
March 2022 (per cent changes in comparison with March 2021)
Europe
Germany (42,712) and the U.K. (31,796) lead Europe in total rooms in construction.
Asia Pacific
Among countries in the region, China has the most rooms in construction (301,879), followed by Vietnam (32,804).
Middle East & Africa
Saudi Arabia (38,181) and United Arab Emirates (30,367) lead in construction activity.
Americas
The U.S. holds the majority of rooms in construction in the region. After the U.S., Mexico (14,317) and Brazil (7,080) have the highest number of rooms in construction in the region.
Opal Hospitality has expanded into the U.S. market with acquisition of Four Points by Sheraton Charlotte-Lake Norman, Huntersville, N.C.
Holiday Inn & Suites Parkway Conference Centre, St. Catharines, Ont. held a grand re-opening after its renovations—now double-branded with the addition of Staybridge Suites for extended stays.
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