Suba Hotels has 2,741 pipeline keys versus 4,996 operating

Suba Hotels had 45 hotels with 2,741 keys in its pipeline as of 30 September 2026, alongside 107 operational hotels with 4,996 keys. The disclosed portfolio totalled 152 hotels and 7,737 keys, with Click accounting for 1,178 pipeline keys, the largest contribution among the brands listed.

How large is Suba Hotels’ hotel pipeline?

Suba Hotels’ pipeline comprised 45 hotels and 2,741 keys on 30 September 2026, equal to 42.1% of its 107 operational hotels and 54.9% of its 4,996 operational keys. The disclosure presents pipeline properties separately from the operating estate. Adding the 45 pipeline hotels to the 107 operational properties gives the stated total portfolio of 152 hotels.

The 2,741 pipeline keys represented 35.4% of the stated 7,737-key portfolio, while 4,996 operational keys represented 64.6%. The portfolio page combines operational and pipeline properties in its total count, but it does not state when the 2,741 pipeline keys could become operational. The figures are therefore a portfolio snapshot as of 30 September 2026.

Which brands account for Suba Hotels’ pipeline keys?

Click accounted for the largest part of Suba Hotels’ pipeline, with 21 hotels and 1,178 keys, or 43% of all 2,741 pipeline keys. Comfort followed with 11 hotels and 663 keys, representing 24% of pipeline keys. Clarion had seven pipeline hotels with 633 keys, or 23%, while Quality had six hotels and 267 keys, or 10%.

The four brands with listed pipeline properties accounted for all 45 hotels and all 2,741 keys in the pipeline. Click and Comfort together represented 1,841 planned keys, or about 67% of the total pipeline. Suba Hotels’ disclosure assigns the remaining 900 pipeline keys to Clarion and Quality, with 633 and 267 keys respectively.

How does the pipeline differ from Suba Hotels’ operating mix?

Suba Hotels’ operating base was led by Click with 1,623 keys, or 32% of 4,996 operational keys, followed by Comfort with 1,274 keys, or 26%. Click’s 43% share of pipeline keys was 11 percentage points above its 32% share of operational keys. Comfort’s 24% pipeline share was 2 percentage points below its 26% operational share.

Clarion accounted for 633 pipeline keys, or 23% of the planned key base, compared with 946 operational keys and a 19% operational share. Quality moved in the other direction, with 841 operational keys, or 17% of the operating base, and 267 pipeline keys, or 10% of the pipeline. The page does not specify the order in which any of the 45 pipeline hotels may open.

Which Suba Hotels brands have no listed pipeline properties?

Suba Hotels listed no pipeline hotels or keys for the Suba, Genx and RnB brands as of 30 September 2026. Suba had five operational hotels with 265 keys, Genx had one hotel with 23 keys, and RnB had one hotel with 24 keys. These three brands were represented only in the 107-property operational portfolio on the disclosed date.

The absence of listed pipeline properties for these brands contrasts with the four brands carrying all 2,741 planned keys. Suba’s 265 operational keys represented 5% of the 4,996-key operating base, while Genx and RnB were each shown at less than 1%, with 23 and 24 keys. The portfolio page does not state whether these brands have expansion plans beyond the reported 45-hotel pipeline.

What does Suba Hotels disclose about pipeline delivery?

Suba Hotels discloses the pipeline size and brand allocation as of 30 September 2026, but gives no opening dates, completion targets or property locations for the 45 hotels. It also does not state the development stage of the 2,741 keys, such as whether a hotel is under construction, signed or at another stage. The published figures should therefore be read as a point-in-time portfolio disclosure.

The stated 152 hotels and 7,737 keys combine 107 operational hotels with 45 pipeline hotels, but the page does not identify a target date for reaching that total. It also does not provide capital spending, ownership structure, hotel-level economics or expected revenue for the 2,741 pipeline keys. Those omissions leave the timing and financial contribution of the planned properties unresolved.

Conclusion

Suba Hotels’ disclosure shows that its pipeline is concentrated in four brands, led by Click’s 1,178 keys and Comfort’s 663 keys. The relative brand mix differs between operations and the pipeline: Click has a 43% share of pipeline keys versus 32% of operational keys, while Quality has 10% of pipeline keys versus 17% of operational keys.

The next disclosure to watch is any update on the delivery timing or development stages of the 45 pipeline hotels, particularly the 21 Click properties and 11 Comfort properties. The 30 September 2026 portfolio page does not provide a timetable for the 2,741 pipeline keys to become operational.