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      "text": "Drivers of growth: Scale and further growth of Essentials and Suites, Luxury & Lifestyle potential, Growth opportunities outside the US, Business, group, international travel tailwinds",
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      "text": "Largest markets: United States (537.6k rooms, +21% growth, 8.0k FY23 openings, 22.2k FY23 signings), Mexico (36.2k rooms, +28% growth, 1.3k FY23 openings, 3.6k FY23 signings), Canada (30.2k rooms, +19% growth, 0.9k FY23 openings, 1.4k FY23 signings)",
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      "text": "Scale: System (520k rooms, 4,414 hotels), Pipeline (109k rooms, 1,040 hotels), Franchised vs Managed (93% vs 7% system, 93% vs 7% pipeline), Countries and territories (25)",
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      "text": "1. Commercial agreement with Iberostar Beachfront Resorts included under franchised; owned, leased and managed lease represents <1% of system size",
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