Choice Hotels International, Inc. announced a landmark $40 million property improvement incentive program to build on the success of the ongoing system-wide refresh strategy of its more than 1,900 domestic Comfort Inn and Comfort Suites hotels launched last year.

Starwood Hotels & Resorts Worldwide, Inc. announced that it will increase its operating hotel footprint in Latin America by 50 percent during the next five years, opening an average of seven new hotels per year in the region. Starwood today is the largest high end hotel operator in the region with 72 hotels in 13 countries and a total of 15,600 rooms.