Red Roof to Open 50 Properties in 2023
COLUMBUS, Ohio—Red Roof will open 50 properties—new builds and conversions—in 2023, representing 60 percent year-on-year growth. The company attributes this growth to continued demand for the brand. As the company celebrates a half-century of serving guests in 2023, it is continuing to adapt to the hospitality environment where both guests and hotel operators are facing economic pressures. Red Roof grew its revenue in 2022, which increased 6.9 percent year over year. “Our model works, and […]
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