Concord Hospitality Bullish on Hotel Industry as Company Nears 14,000 Rooms

$355 Million Development Pipeline Committed for 2012 RALEIGH, N.C., January 23, 2012—Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced that the company has committed $355 million in active development on 15 hotels in 2012 and expects to reach the 14,000 room threshold as a third-party operator and owner. The development activity …