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Melbourne Airport’s third runway spells good news for inbound tourism, says Accommodation Australia

Hotel Management

Melbourne Airport is set to get its long-awaited third runway after the project was cleared for construction by the Federal Government last week. On top of that, Melbourne leads Australia’s new hotel development pipeline, with over 7,000 new hotel rooms across 30 new properties set to open by early 2026.

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Hotel Construction Pipeline Growth in China Picks Up with the Return of Travel

Hospitality Net

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY).

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Choice Celebrates Opening of Everhome Suites Glendale

Hospitality Net

This achievement underscores Choice’s rapid expansion and leadership in the economy and midscale extended stay market, powered by a playbook that helps drive revenue and lowers total cost of ownership with strategic new builds and targeted conversions that meet the increasing demand for accommodations of 7+ nights.

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LE: Construction pipeline picks up in China

Hotel Business

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY).

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Hotel Construction pipeline growth in China picks up with the return of travel

eHotelier

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY).

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An overview of hotel development in select convention center markets

Hotel Business

To accommodate demand, cities like Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, Miami, New Orleans, New York City, Orlando and San Diego have an abundance of new hotel construction, renovation and brand conversion activity underway. Through Q3 2023, New York also has the most new construction starts of any market in the U.S.

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Hotel development surge: Thousands of new projects poised to break ground

Hotel Business

Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. As economic conditions evolve, particularly with anticipated interest rate reductions, we can expect to see many of these planned projects move swiftly into the under-construction phase. Lodging Econometrics’ (LE) Q2 2024 U.S.