Hilton continues to outpace the rest of the hotel sector with its record development pipeline, which expanded by nearly 30,000 rooms in the first quarter to a total of 472,300 rooms under development.
About half of Hilton's pipeline is under construction, CEO Chris Nassetta said during a call with investors last week. About 40% of the rooms under development by Hilton are in the U.S.
"We continue to have more rooms under construction than any other hotel company, accounting for more than 20% of industry share and nearly four times our share of existing supply," Nassetta said.
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