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Luxury projects hit historic highs while limited-service hotel development booms in the United States

Hotel Business

The hotel development pipeline in the U.S. According to recent data from Lodging Econometrics (LE) , while luxury hotels continue to target high-net-worth travelers with opulent new builds, the most dynamic growth continues to occur in the upper-midscale chain scale. Currently, full-service properties represent 19% of total U.S.

Services 111
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Bruce Smith-Cordish JV to develop $1.4B mixed-use in Virginia

Hotel Business

Casino & Hotel Virginia. “An important part of our evaluation was to identify a development team with a proven track record in developing and operating mixed-use and casino properties, a long history of revitalizing cities across the country, and strong community engagement practices. . billion Live!

Casinos 59
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LVXP plans mixed-use project on Vegas Strip

Hotel Business

In addition to the hotels, the multi-purpose entertainment and lifestyle venue is expected to feature a retail plaza, convention space, a destination casino and residences. The site is situated across from the newly expanded Las Vegas Convention Center, adjacent to Fontainebleau Las Vegas and near Resorts World Las Vegas.