Hotel Business

MAY 11, 2023

According to Lodging Econometrics ’ (LE’s) Construction Pipeline Trend Report for Q1 2023, the hotel construction pipeline in Latin America, quarter-over-quarter, has increased 2% by projects and 3% by rooms. Of the 546 projects/90,193 rooms, 226 projects/40,034 rooms are under construction throughout Latin America.

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Hotel Business

AUGUST 18, 2023

Arriba Capital recently closed a $52.5 million ground-up construction loan for a Holiday Inn Express and Staybridge Suites dual-brand property in the central business district (CBD) of Houston. The post Arriba Capital closes $52.5M construction loan for Houston hotel appeared first on hotelbusiness.com.

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Hotel Business

JANUARY 24, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. construction pipeline. According to the fourth-quarter U.S. growth rate. growth rate.

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Hospitality Net

MARCH 13, 2024

Mortenson Development has purchased the site located at 311 3rd Avenue, closed on its construction financing, and will start construction later this month. Motto by Hilton is a lifestyle brand that empowers guests by giving them added flexibility to create their own stay experiences in the world’s most sought-after cities.

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Hotel Business

JULY 28, 2023

According to the Q2 2023 United States Construction Pipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel construction pipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. construction pipeline. increase in new supply.

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Hotel Business

APRIL 27, 2023

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. construction pipeline at Q1. construction pipeline at Q1.

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Hotel Business

JUNE 18, 2024

The Q1 2024 LE Market Trend Report for the market highlights that Charlotte has a total of 67 hotel projects and 7,772 rooms in the construction pipeline, positioning it 15th among the top 25 U.S. Within the Charlotte market, at the close of the first quarter, hotels under construction stand at 11 projects/1,435 rooms.

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Hotel Business

FEBRUARY 5, 2024

million in construction financing for the development of the 215-key, dual-branded Marriott Courtyard Residence Inn in Sand City, CA. The hotel will also include an epicurean experience with an independently branded restaurant and bar. in construction loans for CA dual-branded hotel appeared first on hotelbusiness.com.

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Hotel Business

MAY 1, 2023

Construction Pipeline Trend Report released by Lodging Econometrics (LE) , LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the top 25 markets in the U.S. Dallas has 25 projects/3,739 rooms, while Phoenix has 24 projects/5,155 rooms projects presently under construction.

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Hotel Business

JULY 18, 2024

The LCP Group LP , a vertically integrated, private real estate investment firm specializing in hospitality investing and lending, has originated construction financing for the Moxy Centennial Olympic Park, located in Atlanta’s downtown entertainment district. The hotel is scheduled to open during the second quarter of 2026. million-sq. -ft.

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Hotel Business

JUNE 5, 2024

The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the first quarter.

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Hotel Business

OCTOBER 26, 2023

According to the most recent Construction Pipeline Trend Report for the U.S. by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% year-over-year (YOY) by projects and rooms. hotel construction pipeline. construction pipeline.

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Hotel Business

AUGUST 30, 2023

In the Q2 ‘23 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts state that the total global construction pipeline stands at 14,572 projects/2,310,238 rooms, up 3% year-over-year (YOY) by projects and 1% YOY by rooms. Across the globe, the top countries by project count are the U.S.,

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eHotelier

AUGUST 22, 2023

As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022.

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Hotel Business

APRIL 29, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. The recent U.S.

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Construction Pipeline Forecasting Closing 59

Hotel Business

AUGUST 21, 2023

As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022.

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Hotel Business

AUGUST 11, 2023

According to the Q2 2023 Latin America Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline includes 552 projects/88,477 rooms. Twenty-seven projects accounting for 3,796 rooms started construction in Q2.

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Hotel Business

MAY 2, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. The leading brands by project count for the three companies with the largest pipelines in the U.S.

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Hotel Business

MAY 23, 2023

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms.

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Hotel Management

JULY 2, 2024

Construction of the 206-room Hobart hotel, which is within walking distance of the CBD, is at an advanced stage, according to Hilton. With the property situated closely to the CBD and the waterfront, our guests will have the best of Hobart right at their doorstep.”

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Hotel Business

FEBRUARY 2, 2023

Lodging Econometrics (LE) reports that both Canada and Latin America saw growth in their respective hotel construction pipelines for 2022. At year-end 2022, projects presently under construction in Canada stand at 52 projects/6,593 rooms. Canada had 29 new hotels, accounting for 3,213 rooms open in 2022. room supply increase.

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eHotelier

MAY 11, 2023

According to Lodging Econometrics’ (LE’s) Construction Pipeline Trend Report for Q1 2023, the hotel construction pipeline in Latin America, quarter-over-quarter, has increased 2% by projects and 3% by rooms.

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Hotel Business

MAY 18, 2023

Over the last 12 months, new hotel construction projects, announced renovations and brand conversions continued to grow, with renovation and conversion activity hitting record highs quarter-over-quarter (QOQ). Renovation and brand conversion activity in the U.S. This activity is showing no signs of slowing.

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MediaBoom

JULY 19, 2023

Construction marketing is a must, as digital marketing resource WebFX reports that seven million people per month will use Google to search for contractors. What is marketing for construction companies? Marketing services can assist construction businesses in achieving their goals. What Is Construction Marketing?

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Hotel Business

MAY 24, 2023

According to the Q1 2023 Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) , the hotel construction pipeline in the region increased to 581 projects/147,356 rooms, up 8% by projects and 6% by rooms year-over-year (YOY). These trends continue to show developer enthusiasm in the region.

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Hotel Business

NOVEMBER 15, 2023

In the Q3 2023 China Construction Pipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total construction pipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY).

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Hotel Business

SEPTEMBER 18, 2023

CIM Group , a community-focused real estate and infrastructure owner, operator, lender and developer, revealed that its CIM Real Estate Debt Solutions business closed on behalf of a CIM-managed fund a $34.97-million Opened in 2014, Aloft Tampa Downtown is a 130-key adaptive reuse of a former office building originally constructed in 1965.

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eHotelier

MAY 3, 2023

In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. pipeline.

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Hotel Business

FEBRUARY 15, 2023

In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stood at 1,711 projects/260,911 rooms. Through the fourth quarter of 2022, 373 new hotels with 55,647 rooms opened in Europe.

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Hotel Business

JANUARY 22, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stands at 5,964 projects/693,963 rooms. At the close of 2023’s fourth quarter, there are 1,118 projects/141,768 rooms under construction, up 11% by projects and 5% by rooms YOY. According to the 2023 year-end U.S. hotel development in the year ahead.

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Hotel Business

APRIL 18, 2024

North Texas developer Jackson-Shaw and Tucson-based Holualoa Companies will develop the dual-branded AC Hotel by Marriott North Phoenix at Norterra and Element by Westin North Phoenix at Norterra. The two hotels connected under one roof are located close to the Shops at Norterra.

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Hotel Business

NOVEMBER 14, 2022

In the Q3 2022 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 548 projects/90,728 rooms, down 5% by projects and 12% by rooms, year-over-year (YOY). These five cities account for 21% of the rooms in the region’s total construction pipeline.

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Hotel Business

NOVEMBER 17, 2022

According to the recent Q3 2022 close of the Construction Pipeline Trend Report for the Asia-Pacific region from Lodging Econometrics (LE) , Asia-Pacific’s total construction pipeline, excluding China, stands at 1,881 projects/401,545 rooms, up 7% by projects and 5% by rooms Year-Over-Year (YOY).

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Hotel Business

MAY 17, 2023

As seen in Lodging Econometrics’ (LE) most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline.

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Hotel Business

JANUARY 23, 2023

In the most recent Construction Pipeline Trend Report for the U.S. from Lodging Econometrics (LE) , at the close of 2022’s fourth quarter, the U.S. construction pipeline stood at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms year-over-year (YOY). In Q4, all stages of hotel construction in the U.S.

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Construction Pipeline Closing Forecasting 52

Hotel Business

FEBRUARY 3, 2023

JLL ’s Hotels & Hospitality Group has closed the sale of 525 Lexington Ave., The hotel, which was formerly branded as the Marriott New York East Side, was closed at the time of sale and offered unencumbered by brand and management. The post Sale of 655-key NYC hotel closes appeared first on hotelbusiness.com.

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Hotel Business

AUGUST 3, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE) , in the second quarter of 2023, the franchise companies with the largest pipelines in the U.S. hotel construction pipeline. at the Q2 close. were branded Hilton, Marriott or IHG. construction pipeline appeared first on hotelbusiness.com.

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