It expands further in UK, Middle East, Europe and North America
Hotel representation company, HotelREZ Hotels & Resorts, has revealed its continued double-digit growth over the past 12-months.
With more than 2,500 independent hotels, aparthotels and hotel groups across 100 countries, it has expanded its customer base in the UK, North America, Middle East and Europe, to become the 16th largest hotel company worldwide.
It has achieved over 12% revenue growth and kept it there. Regionally, it has seen strong revenue growth for its members too, with the UK market reaching 16%, North America 80% and Middle East 37%.
As a result, the British company has expanded its diverse portfolio mix, seeing a 17.27% increase in the hotel sector, 10.18% for serviced apartments/aparthotels, and 10.12% for pubs with rooms.
Mark Lewis, CEO, HotelREZ Hotels & Resorts said; “These achievements are a real testament to our team’s commitment to our customers, and ability to adapt to market changes. 2024 saw growth in the corporate market which sustained strong booking performance for our hotel members.
“Along with the investment we are making in our technology products, independent accommodation providers recognise the value of working with an experienced team.
“We live and breathe hotels to produce high-rated revenue from the most suitable target markets at an attractive cost of sale that allow our customers to truly thrive.”
