Despite the fall in the three areas, overall transactions grew by 3.3% to 62.3 million with North America seeing the strongest increase of 6.3%. Second to this was the Asia Pacific region, where the number of transactions grew by 5%, driven by China and Japan. Transactions in Latin America grew by 3.3% despite a weak performance in Brazil. The results also show CWT recorded new business sales of $1.6 billion in 2014 while overall sales volume increased by 1.6% to $27.3 billion. It added its client satisfaction scores were particularly strong, with a 99.46% client retention rate in the UK and Ireland compared to 97% globally. Get the full story at TTG Digital Read also "Despite shaky times, Europe remains fertile ground for brand growth" at Hotel Management