Lodging

MAY 31, 2024

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

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Hotel Business

MARCH 8, 2024

million ground-up construction loan for an oceanfront Residence Inn by Marriott property in Ormond Beach, FL. Ryan Bosch is an expert in the construction capital markets for hospitality and that proved true with the capital structure we were able to achieve for this project.” Arriba Capital has arranged financing for a $35.75-million

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Lodging

JANUARY 23, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stood at 5,964 projects/693,963 rooms. At the close of 2023’s fourth quarter, […] The post Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches Record High Project Counts appeared first on LODGING Magazine.

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Hospitality Net

OCTOBER 29, 2024

These top five markets combined account for 732 projects/88,904 rooms. According to the Q3 2024 U.S.

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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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Hospitality Net

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 hotel 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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Hotel Business

JANUARY 23, 2024

Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. Following closely is Atlanta, setting its own record with 151 projects/18,730 rooms. At the Q4 close, New York City continues to have the greatest number of projects under construction with 44 projects/7,338 rooms.

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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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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.

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Hotel Business

JUNE 18, 2024

Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC). markets by project counts. 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

OCTOBER 29, 2024

These top five markets combined account for 732 projects/88,904 rooms. markets stand out for their active under-construction hotel projects. Dallas also tops the list of markets with the most hotel projects in the early planning stage at Q3, with 91 projects that will add 10,652 rooms. According to the Q3 2024 U.S.

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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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Lodging

APRIL 15, 2024

March 2024 (Percentage change in comparison with March 2023): Europe Among countries in the region, Germany (28,500) led in construction activity, closely followed by the United Kingdom (28,423).

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Hotel Business

OCTOBER 30, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five markets with the largest hotel construction pipelines by projects at Q3 2023 are led by Dallas with an all-time high of 189 projects/21,840 rooms, followed by Atlanta with 140 projects/17,775 rooms and Nashville with 122 projects/16,046 rooms.

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Hospitality Net

JULY 31, 2024

According to the recent Q2 2024 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines are led by Dallas with 189 projects, just four projects shy of its record-high at the end of Q4 2023, and a new record-high 22,392 rooms.

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Hotel Management

FEBRUARY 12, 2024

Crystalbrook Collection is set to expand into the South Australia market following the signing of a AU$130 million new-build hotel in Adelaide’s CBD with local property developer, Samaras Group. Crystalbrook Collection has invested in excess of $1bn in Australia where we operate close to 2,000 rooms, including those under development.

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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. In the top 25 U.S.

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Lodging

OCTOBER 24, 2024

September 2024 Percentage change in comparison with September 2023: Europe In Construction: 163,135 rooms (down 1.0 percent) Among countries in the region, Germany (27,175) led in construction activity, closely followed by the United Kingdom (24,733). percent)Final Planning: 87,779 rooms (down 21.9

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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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Hospitality Net

JUNE 19, 2024

Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte, NC market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC).The markets for the largest hotel construction pipeline by project count. markets for the largest hotel construction pipeline by project count.

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eHotelier

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. In the Q1 2023 U.S. The top five U.S.

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Lodging

JULY 31, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there were 6,095 projects with 713,151 rooms in the pipeline. At the close of the second quarter, there were 1,171 projects comprising 147,611 rooms under construction, […] The post Lodging Econometrics: U.S.

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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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Hotel News Resource

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 hotel 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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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). Over the last year, new hotel construction projects, renovations and brand conversion announcements have increased significantly.

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Hotel Business

AUGUST 2, 2023

The markets with the most projects currently under construction at the Q2 close are New York with 47 projects/8,201 rooms and Phoenix with 29 projects/6,064 rooms. at the Q2 close. At Q2, the top 25 markets in the U.S. According to the U.S. Reflective of the current pipeline, L.E.’s

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Hotel Business

JUNE 23, 2023

JLL’s Capital Markets group has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-sq.-ft., The loan represents one of the country’s largest construction loans closed this year. mixed-use development minutes from Harvard University in Allston, MA.

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Hotel Business

MAY 3, 2023

million loan to finance the construction of the Cambria Hotel Hillsboro, a four-story, 115-key asset in Hillsboro, OR. This transaction illustrates that during these volatile capital markets times, while most regional banks have materially reduced their lending capacity, we remain present and ready to lend to qualified projects.

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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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Hotel Business

FEBRUARY 5, 2024

JLL  Capital Markets has arranged a total of $67.1 million in construction financing for the development of the 215-key, dual-branded Marriott Courtyard Residence Inn in Sand City, CA. Working with the JLL team has always presented viable alternatives and we just closed our second deal with them in Sand City. million. “In

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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 Management

MAY 16, 2024

Mason determined that an additional five rooms and the increased guest capacity would support the business to increase spa revenue by up to 30% and enter the all-inclusive segment, filling a gap in the market left by the (currently closed) One and Only Wolgan Valley resort. QCC Founder and Director, Caspar P.

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Hotel Business

FEBRUARY 27, 2023

Columbia Pacific Advisors Bridge Lending has closed on a $92-million loan to facilitate the construction of the retail/commercial phase of Harvest , a mixed-use project in the Hollywood District of Woodinville, WA, which will include The Somm Hotel and Spa, a Marriott Autograph Collection hotel.

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Hotel Management

JANUARY 9, 2024

Radisson Hotel Group has established a strong market position in South East Asia and Pacific particularly in emerging cities and markets. What SEAP markets are a key focus for Radisson Hotel Group and why? We’ve also added local language capabilities and local management offices to better serve our owners in each market.

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Hotel Management

JULY 30, 2024

The Crystalbrook Sam project will create over 100 new jobs during the construction period, and an estimated 120 new jobs once the hotel is operational.” Today is an important milestone as we commence construction on our first hotel development for the Samaras Group,” said Group Chief Executive Officer, Chris Samaras. “We

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Hotel Business

SEPTEMBER 27, 2024

The 175-key hospitality property, originally constructed in 2019, is located off Interstate 95, near the Port of Brunswick and the city’s downtown area. Brunswick is a market known for its diverse demand drivers, including government contract demand. The post HB Exclusive: Greysteel arranges $19.4M

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Hotel Management

OCTOBER 3, 2023

Market challenges Upward pressure on construction costs There’s no doubting the last few years have been challenging ones for the property sector, which has experienced significant increases in the price of commercial construction since the pandemic.

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