105 more branded hotels expected to open in 2019 than in 2018: HVS ANAROCK

The year 2019 is expected to outpace 2018 with a total of 105 new branded hotel openings with a total key count of 8,574 keys, revealed HVS ANAROCK in its recent report. It revealed that the effort to open new hotels, big or small, requires hotel operators to coordinate large amounts of preopening effort. So, while domestic operators opened 65 hotels of the total 134 openings in 2018, which represents nearly half of all the openings, in terms of key counts, domestic operators represented only 32% of the total 7,215 keys.