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Article: Homewood Suites by Hilton[R] Reports 2008 as Banner Year and Expects Continued Growth in 2009.
- Article from:
- Business Wire
- Article date:
- January 15, 2009
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Brand Earned Top Industry Accolades and Opened 40 New Hotels in 2008; Expects to Grow to 300 in 2009 with Robust Development
MEMPHIS, Tenn. -- Homewood Suites by Hilton([R]), the international brand of all-suite, residential-style hotels celebrated 2008 as one of its best years since the brand was launch in 1989, despite the recent industry slowdown. Last year, Homewood Suites opened its 250th property, finishing the year with a footprint of 258 hotels - 28,492 upscale suites - throughout the United States, Canada and Mexico and a development pipeline of more than 130 planned properties.
"While 2008 was a tough year for the hotel business, the demand for ...