Hotel Business

MAY 17, 2024

The company’s latest forecast projects a 2% increase in RevPAR growth for 2024, down from the 3% estimated in February. CBRE forecasts GDP growth of 2.3% Slower RevPAR growth reflects softer demand, stickier inflation and high interest rates,” said Michael Nhu, senior economist and CBRE’s head of global hotels forecasting.

Forecasting 111

Forecasting Construction Occupancy Consumer 111

Hotel Business

OCTOBER 28, 2024

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.

Pipeline 105

Pipeline Construction Scale Forecasting 105

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.

Construction 116

Construction Pipeline Forecasting Market 116

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

Construction 103

Construction Pipeline Forecasting Closing 103

Hotel Business

JANUARY 30, 2024

According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects and 97,679 rooms at the close of the quarter.

Construction 95

Construction Pipeline Forecasting Closing 95

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.

Construction 105

Construction Pipeline Marketing Market 105

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. hotel construction pipeline.

Construction 98

Construction Pipeline Forecasting Closing 98

Hotel Business

JANUARY 23, 2024

Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. At the Q4 close, New York City continues to have the greatest number of projects under construction with 44 projects/7,338 rooms. hotel construction pipeline appeared first on hotelbusiness.com.

Construction 106

Construction Pipeline Closing Hotels 106

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. 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.

Pipeline 98

Pipeline Construction Scale Closing 98

Hotel Management

AUGUST 15, 2023

In her keynote speech at the 2023 GBTA Convention, GBTA Chief Executive, Suzanne Neufang, admitted the association got the forecast wrong last year – expectations were for a mid-2026 forecast – but there were no complaints about getting it wrong as she was thrilled with the renewed optimistic outlook.

Business 245

Business Travel Forecasting Services 245

Hotel Business

MAY 14, 2024

Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China’s construction pipeline, with 3,775 projects encompassing 695,212 rooms. At the close of the first quarter, China has 2,691 projects and a record-high 488,560 rooms under construction.

Pipeline 64

Pipeline Construction Forecasting Scale 64

Hotel Business

NOVEMBER 8, 2024

The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).

Pipeline 98

Pipeline Construction Scale Forecasting 98

Hotel Business

MAY 29, 2024

According to LE’s Q1 2024 Market Trend Report for the New York market, analysts report the market has a total of 78 projects/13,549 rooms in the hotel construction pipeline, the 10th largest pipeline by projects of any market in the U.S. The market also was the leading market for construction starts in Q1 2024.

Construction 64

Construction Marketing Market Pipeline 64

Hotel Business

JULY 30, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. At the close of the second quarter, there are 1,171 projects comprising 147,611 rooms under construction, marking a 10% increase in projects and a 4% increase in rooms YOY.

Scale 111

Scale Forecasting Pipeline Construction 111

Hotel Business

MAY 7, 2024

The latest Latin America Construction Pipeline Trend Report by Lodging Econometrics (LE) reveals robust growth in the region’s hotel construction sector. At the end of the first quarter, there are 249 projects/47,393 rooms under construction in Latin America, reflecting a 10% YOY increase in projects and an 18% increase in rooms.

Construction 64

Construction Pipeline Scale Forecasting 64

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. China had 219 projects/37,261 rooms start construction in Q2.

Pipeline 59

Pipeline Construction Forecasting Closing 59

Hotel Business

AUGUST 15, 2024

CBRE is reducing its forecast for U.S. CBRE forecasts GDP growth of 2.3% Following stronger-than-expected GDP growth in the second quarter, CBRE anticipates a slowdown in economic growth in the second half of 2024 and into 2025,” said Michael Nhu, senior economist and head of global hotels forecasting, CBRE. “If year-over-year.

Forecasting 59

Forecasting Construction Events Occupancy 59

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.

Construction 59

Construction Pipeline Forecasting Scale 59

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. These three chain scales account for 55% of the projects in the region’s total construction pipeline.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

OCTOBER 29, 2024

markets stand out for their active under-construction hotel projects. The LE forecast for new hotel openings for the remainder of 2024 in the U.S. Looking ahead, LE forecasts 759 new hotel openings/86,264 rooms in 2025 and 938 new hotel openings/101,017 rooms in 2026. According to the Q3 2024 U.S. In Q3, five U.S.

Construction 59

Construction Forecasting Pipeline Hotels 59

Hotel Business

MAY 15, 2024

The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year-over-year (YOY). At Q1 2024, projects currently under construction stand at 302 projects/80,589 rooms.

Pipeline 59

Pipeline Construction Forecasting Closing 59

Hotel Business

MAY 9, 2024

According to the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia-Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms. LE is forecasting a total of 383 new hotels and 73,854 rooms to open by year-end.

Pipeline 59

Pipeline Construction Scale Forecasting 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.

Pipeline 59

Pipeline Construction Closing Forecasting 59

Hospitality Net

JULY 30, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. As seen in the Q2 2024 U.S. This new all-time high represents a 9% year-over-year (YOY) increase in projects and an 8% YOY increase in rooms compared to Q2 2023 totals.

Pipeline 100

Pipeline Forecasting Construction Hotels 100

Hotel Business

JUNE 13, 2024

The number of projects in the hotel construction pipeline in the U.S. However, given the size of the current pipeline, LE is forecasting new hotel openings to rise significantly in the near term and approach pre-pandemic levels in 2026 (see chart). The forecast for 2026 is even more optimistic, with the potential to bring U.S.

Forecasting 116

Forecasting Pipeline Construction Hotels 116

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. hotel construction pipeline at the close of Q1 2023. construction pipeline appeared first on hotelbusiness.com.

Pipeline 59

Pipeline Construction Forecasting Closing 59

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).

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

FEBRUARY 29, 2024

The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline hit all-time high project counts at Q4. There are 6,160 projects/1,096,748 rooms currently under construction worldwide at Q4 ’23, for a 2% increase by projects YOY.

Pipeline 64

Pipeline Construction Forecasting Closing 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

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.

Construction 59

Construction Pipeline Forecasting Closing 59

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.

Pipeline 59

Pipeline Construction Forecasting Hotels 59

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. LE analysts forecast a total of 2,531 new hotels with 380,515 rooms to open in 2023.

Pipeline 59

Pipeline Construction Forecasting 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. As of Q2, 300 projects with 80,867 rooms are currently under construction throughout the Middle East.

Construction 59

Construction Pipeline Scale Closing 59

Hotel Management

JULY 26, 2023

Whilst projects opening in 2022 represented a moderation from the more than 5,000 rooms which opened in 2021, the expansionary phase of the hotel market cycle is expected to continue over the medium term with a further 12,500 rooms currently under construction and scheduled to open over the next three years.

Construction 130

Construction Accommodation Forecasting Marketing 130

Hotel Management

MAY 1, 2023

The 160-key lyf property, on Sussex Street in Sydney, is the third Australian property for the co-living brand and follows the opening of lyf Collingwood in May 2022, with a Bondi Junction property, currently under construction, due to open next year. Ascott is aiming for a mid-2025 opening.

Retail 246

Retail Accommodation Branding Market Share 246

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. The top countries in the Europe construction pipeline by project count are led by the U.K.

Construction 59

Construction Pipeline Forecasting Closing 59

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. LE analysts forecast another 1.1% room supply increase. room supply increase.

Pipeline 59

Pipeline Construction Forecasting Closing 59