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). Within the Charlotte market, at the close of the first quarter, hotels under construction stand at 11 projects/1,435 rooms. markets by project counts.

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Hotel Management

MARCH 28, 2024

The three-year construction project is now underway following a sod turning ceremony on the 252ha site on Tuesday March 26, led by Lake Macquarie Mayor Kay Fraser, Natural Resources Minister Courtney Houssos, Minister for the Hunter Yasmin Catley and Black Rock CEO Tony Palmer.

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Hotel Management

JUNE 20, 2024

The Ascott Limited has formed a long-term partnership with SG Enable, the focal agency for disability and inclusion in Singapore, to raise the standard of accessible accommodation in the hospitality industry. This MOU will mark an integral step towards our goal of scaling up Ascott’s disability inclusion efforts globally.”

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Hotel Management

JUNE 20, 2024

The Ascott Limited has formed a long-term partnership with SG Enable, the focal agency for disability and inclusion in Singapore, to raise the standard of accessible accommodation in the hospitality industry. This MOU will mark an integral step towards our goal of scaling up Ascott’s disability inclusion efforts globally.”

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Hotel Business

SEPTEMBER 12, 2024

Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. The widespread distribution of these projects across numerous markets, coupled with the strong presence of established brands, suggests a confident outlook for the hospitality industry. Lodging Econometrics’ (LE) Q2 2024 U.S.

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Hotel Management

JANUARY 9, 2024

In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s 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.

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Hotel Business

NOVEMBER 28, 2022

According to the Q3 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, the hotel construction pipeline in the region stands at 535 projects/134,897 rooms. At the close of the third quarter, projects presently under construction stand at 320 projects/87,149 rooms.

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Hotel Business

NOVEMBER 16, 2023

Increased in-person demand certainly impacts the hospitality industry, especially in cities with the largest, most visited convention centers in the U.S. With an astounding 60% of its new hotel construction projects under construction, the most of any convention center market, New York City leads with 46 projects under construction.

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Hotel Business

MAY 3, 2023

Palladius Capital Management , a vertically integrated real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, in joint-venture partnership with Marquee Funding Group , has originated a $11.5-million The 22,000 sq.-ft.

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Hospitality Net

JULY 12, 2024

A midyear snapshot of performance in the top 65 markets in the US indicates that on a trailing 12-month basis through May, RevPAR is up slightly year over year (due to slight increases in both occupancy and ADR) and this is largely driven by increases in the top three chain scales: luxury, upscale and upper upscale.

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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. The post LE Reports 54-per-cent Increase in Projects under Construction in Canada at Q2 2024 appeared first on Hotelier Magazine.

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Hotel Management

DECEMBER 20, 2023

Then there’s a couple of shops on either side of our lobby which are intended for hospitality operators. But in terms of the cost of construction, it doesn’t help to solve that at all. The price of construction in WA and Queensland is almost 25% higher than Victoria and New South Wales.

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Hotel Management

FEBRUARY 3, 2025

The expanded accommodation offering can now welcome over 150 guests, and has the facilities to host small to large-scale meetings, expos and weddings. The debut of Peppers Gladstone is a proud moment for Accor as it brings a new level of hospitality to Central Queensland, Williams said.

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Accommodation Branding Scale Construction 162

Hotel Management

AUGUST 29, 2023

The upper mid-scale hotel will feature 80 hotel rooms, 40 apartments with balcony access, a rooftop bar and restaurant, conference and event spaces, as well as an outdoor event lawn and pool with a poolside lounge area. “The Construction of the urban village will commence in mid-2024 with completion estimated for mid-2026.

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Hotel Business

APRIL 29, 2024

In addition to Frasure, whose background involves executing large-scale development projects, LVXP will benefit from the experience of Nick Tomasino, chief construction officer, who most recently served as SVP, construction at Madison Square Garden Entertainment, where he managed the construction of The Sphere.

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Hotel Management

JANUARY 5, 2025

Their attention to detail and ability to deliver a project of this scale on time and to such a high standard has been exceptional. Dezign, the renowned design and construction studio behind the project, utilized its signature methodology to deliver this remarkable transformation.

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Hotel Management

OCTOBER 16, 2024

This has created significant pressure on owners of B and C grade office buildings in most states and territories, who are struggling to compete against newly constructed A-grade office buildings with modern facilities and tenant amenities. “As

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Hotelier Magazine

OCTOBER 12, 2023

He says longer stays from small enterprises, construction crews and logistics, as well as middle-class lodging spend, means the segment rebounded faster than the traditional types of demand coming out of the pandemic. He says the best way to describe StudioRes is “short-term housing, with a sprinkle of hospitality.

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Boutique Hotel News

MARCH 6, 2023

Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.

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Real Estate Hospitality Construction Management 101

Hotel Business

JANUARY 21, 2025

Access Point Financial (APF), a direct capital provider focused exclusively on the hospitality industry, has provided $195-million refinancing for The Beekman, A Thompson Hotel in New York. Our goal is to be top-of-mind for anyone requiring hospitality capital solutions. Lipson, CEO/chairman, APF.

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Hotel Business

JANUARY 2, 2024

Apple Hospitality REIT Inc. With a strong recovery in overall demand, positive supply dynamics; the recent development and expansion of large-scale entertainment and convention venues; and the upcoming Super Bowl LVIII, we expect performance for Las Vegas and for this hotel to continue to strengthen.”

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Hotel Designs

AUGUST 29, 2023

“No comment on technology in hospitality would be complete without mentioning Artificial Intelligence (AI).” This needs to consider the benefits of procuring such systems in the main construction tender, or procuring them later, as a client direct package managed by the technology consultant.

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Hospitality Operations Travel Hotels 98

Hotel Management

FEBRUARY 11, 2025

Award-winning Czech architect Petr Kolar was inspired by this namesake, and the 47 stylish villas were constructed to form the head of the turtle with the island itself creating the body – seen by guests making the 45-minute private sea-plane journey from Mal.

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Hospitality Today

JANUARY 23, 2024

The upper midscale segment had the highest project count of all chain scales in the total U.S. construction pipeline at the Q4 close

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Construction Pipeline Scale Closing 40

Hotel Designs

FEBRUARY 23, 2023

The structure will envelop two million square metres of floor space that will be premium hospitality real estate, with a multitude of retail, cultural and tourist attractions, along with residential and hotel units, commercial spaces and recreational facilities.

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Real Estate Scale Construction Retail 98

Travel Media Group

MAY 29, 2024

Chairman and CEO of Coury Hospitality, Paul Coury, is recognized as a TMG Hospitality Trailblazer! Paul joins the Suite Spot to give viewers a look at the Coury Hospitality brand and how it grew from its humble beginnings of one hotel in Tulsa, Oklahoma, to a portfolio that contains the most extensive collection of Autograph Hotels.

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Hospitality Branding Digital Marketing Market 96

Hotel Management

SEPTEMBER 24, 2024

The APAC hotel development landscape has seen significant growth over the past year, reflecting the region’s dynamic and resilient tourism and hospitality market. We are accelerating our growth as the fastest growing hospitality company in Asia Pacific, with almost one in four hotel rooms under construction bearing a Hilton flag.

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Hotel Management

JUNE 6, 2023

Wyndham Hotels and Resorts has celebrated five years as a publicly traded, pure-play hotel company, this week (Jun 5), with the anniversary creating a significant buzz at the 45th Annual NYU International Hospitality Industry Investment Conference in New York. pipeline nearly 60% and its direct franchising pipeline in China by nearly 70%.

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Resorts Pipeline Scale Hotels 130

Hotel Speak

APRIL 4, 2023

By using the scale developed by the researcher team, luxury brands would be able to assess on which specific dimensions of brand authenticity they should work on. Symbolism relates to the ability of a brand to help its customers in constructing their identity and revealing who they are as citizens. References Euromonitor (2018).

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Hotel Business

FEBRUARY 28, 2023

Everything from tangible goods like construction materials to the utilities underpinning each property has experienced a marked price increase due to a disrupted supply chain and inflation. The post From A to Z, the cost of hospitality only goes up appeared first on hotelbusiness.com.

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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.

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Pipeline Forecasting Construction Closing 59

Boutique Hotel News

FEBRUARY 8, 2023

Rooms at The Earth Amritsar will be spread across two buildings, one of which is the former Victoria Jubilee Hospital. A new build is currently under construction and will house additional accommodation. At Wyndham, India accounts for more than 50 hotels across the country.

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Hotel Designs

NOVEMBER 1, 2024

“This project marks an exciting departure from our typical hospitality work, as we enter the lifestyle hospitality sector with a bold, vibrant, and maximalist design approach,” commented Hamish Brown, Partner at 1508. Human-scale bird cages serve as private work areas, offering a unique workspace experience.

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Hotel Management

JANUARY 8, 2024

A seasoned hotelier, Svensson brings more than thirty years’ experience in the hospitality industry across the Middle East, Pacific and Asia, specialising in luxury hotels. Kamat’s 15-year hotel career spans operations, reservations, and commercial optimisation across the Asia Pacific region, including at EVT and Langham Hospitality.

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Hotel Business

AUGUST 16, 2023

The buyer can leverage the highly publicized large-scale Mayo Clinic expansion currently underway.” Both hotels are five-story steel and concrete buildings constructed in the early 2000s. Hunter, SVP, Marcus & Millichap. The Mayo Clinic is located between both properties.

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Hotelier Magazine

JUNE 4, 2024

The event opened with a celebratory breakfast for the Top 30 winners and their guests, followed by the awards presentation, led by Rosanna Caira, editor/publisher, KML and Bruce McAdams, associate professor, School of Hospitality, Food and Tourism Management, University of Guelph. Every customer is different,” he pointed out.

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Scale Hospitality General Manager Digital Marketing 52

Hotel Business

MAY 19, 2023

. “We all share an urgent responsibility to reduce our impact on climate change, and this is especially true for the hospitality industry,” said Arash Azarbarzin, CEO, Highgate. ” The post Highgate publishes first ESG Report appeared first on hotelbusiness.com. .

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Construction Real Estate Scale Hospitality Management 52