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Hotel Deals to Soar — Exclusive Look at JLL Forecast

Skift Blog

It expects more M&A, too, as brands seek other ways to grow besides constructing new properties. Skift Take: Hotel broker JLL sees global hotel transactions jumping at least 15% this year. Sean O'Neill Read the Complete Story On Skift

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LE: Record number of projects in U.S. construction pipeline

Hotel Business

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. construction pipeline appeared first on hotelbusiness.com. supply increase.

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LE: Dallas tops U.S. hotel construction pipeline

Hotel Business

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. In 2024, Atlanta is forecast to open the most new hotels, with 26 projects/3,881 rooms, for a 3.4% growth rate.

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LE: Combined top 25 U.S. markets construction pipeline shows YOY growth

Hotel Business

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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LE: U.S. construction pipeline remains steady

Hotel Business

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. hotel construction pipeline.

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LE: U.S. construction pipeline rises in all project stages

Hotel Business

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. construction pipeline at Q1.

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Exclusive: Ascott to open Sydney lyf, Oakwood Epping

Hotel Management

The Ascott Limited is set to open two new properties in Sydney’s CBD and Melbourne’s outer north suburb of Epping under the lyf and Oakwood brands respectively. Serviced apartment brand Oakwood will launch its third Australian property in Epping with a 94-key mixed-use development at the corner of Fullarton Drive and Cooper St.

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