Hotel Business

MAY 11, 2023

At the close of Q1 2023, the pipeline stands at 546 projects/90,139 rooms, down slightly 3% by projects and 2% by rooms year-over-year (YOY). Early planning is up 11% by projects and 15% by rooms YOY to stand at 160 projects/24,218 rooms at the close of the first quarter.

Construction 52

Construction Pipeline Closing Forecasting 52

Hotel Business

MAY 14, 2024

At the close of the first quarter, China has 2,691 projects and a record-high 488,560 rooms under construction. The upper-midscale and upscale chain scales lead China’s pipeline at Q1, accounting for 57% of projects and 58% of rooms in the country’s total pipeline.

Pipeline 64

Pipeline Construction Forecasting Scale 64

Hotel Business

MAY 16, 2024

According to the Q1 2024 Hotel Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. Upper-midscale projects closed the first quarter with 305 projects/46,020 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. Projects in the early planning stage stand at 163 projects/24,403 rooms at the close of the quarter, up 14% and 16% YOY respectively.

Pipeline 64

Pipeline Construction Forecasting Closing 64

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. times the actual and forecasted industry growth rates from 2022-2025.

Construction 98

Construction Pipeline Forecasting Closing 98

Hotel Business

AUGUST 15, 2024

As seen in Lodging Econometrics’ (LE’s) Q2 2024 Hotel Construction Pipeline Trend Report for China, the country’s hotel construction pipeline has reached unprecedented heights at the close of the second quarter. Projects in early planning grew 4% YOY at Q2 to close the quarter at 682 projects/130,715 rooms.

Pipeline 59

Pipeline Construction Forecasting Closing 59

Hotel Business

MAY 7, 2024

At the close of Q1 2024, the total hotel construction pipeline in Latin America stands at 604 projects and 100,990 rooms, marking an 11% increase in projects and a 12% increase in rooms year-over-year (YOY). The post LE: Q1 Latin America construction pipeline up 11% appeared first on hotelbusiness.com.

Construction 64

Construction Pipeline Scale Forecasting 64

Hotel Business

NOVEMBER 15, 2023

The record-high projects in the total pipeline can be attributed to the number of upscale and upper-midscale chain scale projects, which both hit project and room-count peaks this quarter. The upscale chain scale ended Q3 with a total of 850 projects/198,277 rooms, and the upper-midscale chain scale has 1,222 projects/194,515 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

AUGUST 16, 2024

In the Q2 2024 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the region’s total pipeline stands at 1,680 projects/249,454 rooms at the quarter’s close. At Q2, most pipeline projects in Europe are concentrated in the upper-upscale, upscale and upper-midscale chain scales.

Pipeline 64

Pipeline Forecasting Construction Scale 64

Hotelier Magazine

AUGUST 16, 2024

The Q2 2024 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that at the close of Q2, there are 322 projects/40,297 rooms in the country’s total pipeline. LE’s total new hotel openings forecast for 2024 anticipates 26 new hotels and 2,944 rooms will open by year-end. PORTSMOUTH, N.H. —

Construction 59

Construction Pipeline Forecasting Closing 59

Hotel Business

MAY 9, 2024

At the close of the first quarter, there are 866 projects/198,267 rooms under construction throughout the region. During the first quarter, 72 new hotels comprising 13,714 rooms opened in the APEC region, with an additional 311 new hotels/60,140 rooms forecast to open in Q2-Q4.

Pipeline 59

Pipeline Construction Scale Forecasting 59

Hotel Business

AUGUST 7, 2024

The Q2 2024 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that at the close of the quarter, there are 322 projects/40,297 rooms in the country’s total pipeline. LE’s total new hotel openings forecast for 2024 anticipates 26 new hotels and 2,944 rooms will open by year-end.

Construction 59

Construction Pipeline Forecasting Closing 59

Hotel Business

AUGUST 8, 2024

The Q2 2024 Latin America construction pipeline trend report from Lodging Econometrics (LE) indicates a positive growth trajectory for the region’s hospitality sector, with stable growth in new hotel openings forecast through 2026. These two countries account for 52% of the projects and 49% of the rooms in the total pipeline.

Pipeline 59

Pipeline Forecasting Construction Closing 59

Hotel Business

AUGUST 21, 2024

The Q2 2024 Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics reveals that hotel construction projects in the region have reached 607 projects with 147,088 rooms at the quarter’s close. Projects in early planning at the close of the second quarter stand at 162 projects with 31,515 rooms.

Construction 59

Construction Pipeline Scale Closing 59

Hotel Business

NOVEMBER 18, 2024

At the close of the third quarter, projects currently under construction stand at 296 projects/79,978 rooms, accounting for 49% of the region’s total pipeline projects. LE’s forecast for new hotel openings for Q4 2024 anticipates an additional 35 new hotels/6,916 rooms to open by year-end.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

JANUARY 22, 2024

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. continued its upward growth trend through the end of 2023, closing the year with record project and room counts of 2,028 projects/303,330 rooms. hotel development in the year ahead. to increase 1.4%

Pipeline 59

Pipeline Construction Forecasting Closing 59

Hotel Business

OCTOBER 26, 2023

by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. At the close of the third quarter, there are 1,063 projects/140,331 rooms under construction, up 8% by projects and 4% by rooms YOY. Analysts at LE report that the upper-midscale chain scale has the largest project count of all chain scales in the total U.S.

Pipeline 59

Pipeline Construction Scale Closing 59

Hotel Business

JUNE 18, 2024

Within the Charlotte market, at the close of the first quarter, hotels under construction stand at 11 projects/1,435 rooms. Combined, these two chain scales account for 44 projects/5,007 rooms. Looking ahead, LE’s total forecast for new hotel openings in the Charlotte market in 2024 are five projects/511 rooms, for a 1.2%

Construction 59

Construction Pipeline Forecasting Scale 59

Hotel Business

FEBRUARY 12, 2024

According to the recent Asia-Pacific, excluding China (APEC), Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the region increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.

Construction 59

Construction Pipeline Closing Forecasting 59

SiteMinder

SEPTEMBER 18, 2024

For our growing marketing and sales department, analytics plays a crucial role in how we approach our pricing strategy and decision-making,” she said, “We closely monitor competitor rates on a daily basis, allowing us to make timely adjustments to our pricing strategy to ensure we remain a preferred choice for guests.”

Scale 52

Scale Resorts Management Business 52

Hotel Business

AUGUST 21, 2023

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. Projects in the under-construction stage in China rose slightly year-over-year (YOY), closing the quarter at 2,655 projects/478,703 rooms.

Construction 52

Construction Pipeline Forecasting Closing 52

Hotel Business

NOVEMBER 20, 2024

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. Overall, however, full-service developments are commanding a more substantial portion of the U.S.

Services 111

Services Pipeline Scale Forecasting 111

Hotel Business

NOVEMBER 21, 2023

The Middle East, with an average of 239 rooms per construction project, continues to have the largest hotel construction projects in the pipeline of any region in the world, with most of these projects belonging to the top three chain scales. Upscale hotel construction projects closed the quarter at 163 projects/41,339 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

NOVEMBER 20, 2023

The luxury, upper-upscale, upscale and economy chain scales in Europe all show YOY increases in project counts compared to Q3 2022 totals. Luxury projects increased 2% YOY, just ten projects short of the segment’s all-time high, closing the quarter with 139 projects/18,515 rooms.

Pipeline 59

Pipeline Construction Closing Scale 59

Hotel Business

NOVEMBER 11, 2024

At the close of the third quarter, there are 2,793 projects/505,106 rooms under construction in China, a cyclical peak, and up 5% by projects and rooms YOY. The upscale chain scale ended Q3 with 1,026 projects/224,688 rooms, up 14% by projects and 9% by rooms YOY.

Construction 59

Construction Pipeline Scale Forecasting 59

Social Tables

DECEMBER 5, 2018

The Global Meetings and Events Forecast reports that the average B2B event, for instance, operates on this budget breakdown: 43% marketing and promotion. This best practice relates closely to the first. 32% speakers and talent. 29% printed materials. 18% venues. Offer freedom of choice.

Events 146

Events B2B Sales Revenue 146

Hotel Business

NOVEMBER 13, 2023

Furthermore, the luxury, upper-upscale and upscale chain scales each hit peak project counts at the end of Q3 and account for 53% of the projects in the region’s hotel construction pipeline. Projects scheduled to start construction in the next 12 months stand at 295 projects/51,756 rooms.

Construction 52

Construction Pipeline Forecasting Scale 52

Social Tables

DECEMBER 27, 2018

Meanwhile, late in 2018, CBRE forecasted that hotel supply would peak at 2% gain, stabilizing to 1.9 Respondents to the AMEX Meetings & Events Forecast predict that rise will equal about 2.41% in North America, while CWT expects an even higher hike of 3.7%. Last year, the Global Meetings Forecast predicted a 3.8%

Events 167

Events Business Scale Consumer 167

eZee Absolute

DECEMBER 7, 2023

I was wondering how come they have not been able to scale. Myth #5: Budgeting and demand forecasting aren’t important in revenue management When it comes to hotel revenue management, budgeting and demand forecasting play a crucial role. Demand forecasting, Budgeting, and revenue management are all interlinked.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

A Sales Guy

DECEMBER 15, 2016

Here are 5 tactics you can use right now to close larger deals with Account Based Marketing and Sales Development. Predictive Scoring forecasts the companies most likely to close by analyzing historical data from customers who have already closed or become opportunities. With that said, let’s just jump into it.

Pipeline 98

Pipeline Market Marketing Intent 98

Hotel Business

OCTOBER 31, 2024

At the close of Q3 2024, Latin America had 269 projects with 47,151 rooms under construction, reflecting a 10% YoY rise in both metrics. The report also provides insights into the regional hotel pipeline by chain scale segment. Digging deeper into the pipeline data, LE’s report highlights several positive indicators.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Little Hotelier

AUGUST 29, 2023

The minute you close your guest’s door after showing them their room, you can almost guarantee they will be jumping on the bed to test it out. With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. Income: Forecasted and other expected revenue.

ROI 98

ROI Hotels Average Length of Stay Revenue 98

SiteMinder

DECEMBER 4, 2023

This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. Hotel market revenue is worth close to $22 billion. It’s released on a global scale and can be segmented by country to, to give hotels unique insights into their own market.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

OCTOBER 15, 2023

Improve forecasting – Compare historical data with current market conditions to get an idea of what you can set your rates at in the future. Or, you might notice the rooms close to the bar and restaurant are much more popular on weekends, while rooms closer to the gym or work spaces are more popular during weekdays.

Occupancy 59

Occupancy Revenue Hotels Revenue Management 59

MediaBoom

JULY 12, 2023

Here are some types of video content you can use to capture the attention of your target audience : Educational videos on how to buy a house, what to expect at closing, real estate market forecasts in your city, etc. Here’s an idea: Host a housewarming event when your client closes the home.

Real Estate 87

Real Estate Sales Business Events 87

Boutique Hotel News

DECEMBER 20, 2022

Armchair travel” – coined at a time when international borders closed during the pandemic – has amplified the role of video content. Expect loyalty programs to be reimagined in line with this trend, and for brand activation companies such as Way to quickly scale. TV inspired travel .

Travel 124

Travel Hotels Branding Consumer 124

MediaBoom

MARCH 15, 2024

A recent Statista report forecasts that by 2025, over ten percent of all retail sales in the United States will stem from mobile commerce, underscoring the critical need for luxury brands to innovate their digital marketing strategies. Live Streaming goes beyond just creating a VIP experience.

Digital Marketing 94

Digital Marketing Marketing Strategy Branding Market 94