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      "text": "Drivers of growth: Expansion in high value and high growth markets, Growth of Luxury & Lifestyle, Growth of brand portfolio, Business, group, international travel tailwinds",
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      "text": "Largest markets: United Kingdom (53.4k rooms, +7% growth, 0.5k openings, 1.6k signings), Saudi Arabia (31.8k rooms, +48% growth, 3.2k openings, 2.7k signings), Germany (20.6k rooms, +11% growth, 0.7k openings, 0.3k signings)",
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      "text": "Scale: System (247k rooms, 1,237 hotels), Pipeline (82k rooms, 469 hotels), Franchised vs Managed (57% vs 42% system, 30% vs 70% pipeline), Countries and territories (81)",
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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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      "text": "+33% growth secured in the pipeline, with excellent opportunities across high-value and high growth markets, and building scale advantage",
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