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HLS added 10 hotels in ‘21

Company grew by 16% in hotels and 21% in rooms
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Four Seasons plots ’22 growth

The company has four opening planned for this year
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Four hotels change hands

Properties purchased in Asheville, NC, Atlanta and Jacksonville
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Cambria continues U.S. expansion

Upscale brand adds eight properties in 2021; breaks ground on six
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Cendyn and Pegasus complete merger

The combined company will be led by Tim Sullivan, Cendyn’s CEO/president
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Hyatt plots Americas growth through ‘23

Company plans to open 45 hotels in the region through 2023
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AHLA: Move toward recovery continues in ‘22

Occupancy and room revenue expected to approach 2019 levels
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U.S. hotel projects dip in Q4 ’21

Construction pipeline stands at just over 4,800 projects
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