Lodging

JULY 18, 2024

hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data. Hotel PipelineJune 2024 Percentage change from June 2023In construction: 157,713 rooms (up 5.5 Hotel PipelineJune 2024 Percentage change from June 2023In construction: 157,713 rooms (up 5.5

Construction 264

Construction Hotels Market Marketing 264

Hotel Management

NOVEMBER 3, 2024

Construction is underway on DCF Property Group’s $180 million First Light development in Melbourne’s Domain Precinct, which will be home to branded residences and the first Nu By Yoo hotel in Australia. The post Construction underway on 97-key Nu By Yoo hotel in Melbourne appeared first on Hotel Management.

Construction 264

Construction Resorts Hotels Branding 264

Hospitality Net

APRIL 17, 2024

hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. The volume of U.S.

Construction 223

Construction Real Estate Hotels Market 223

Hospitality Net

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.

Pipeline 188

Pipeline Construction Market Marketing 188

Lodging

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 United States. Markets Grow in the Hotel Construction Pipeline appeared first on LODGING Magazine. In the Q1 2023 U.S.

Pipeline 147

Pipeline Construction Market Marketing 147

Lodging

JANUARY 23, 2025

The latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE) showed that Dallas is leading the nations hotel construction pipeline with a record-breaking 204 projects totaling 23,669 rooms. Hotel Construction Pipeline appeared first on LODGING Magazine.

Construction 162

Construction Pipeline Hotels Market 162

Hotel Management

JUNE 15, 2023

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market. Melbourne is the primary recipient of new room supply (35% of total).

Hotel Marketing 276

Hotel Marketing Average Daily Rate Market Marketing 276

Hospitality Net

APRIL 25, 2024

It’s not surprising hotel construction is often a demanding and exciting process, as hotels need to have the comfort of a home and the durability for heavy usage of a restaurant on the scale of an office building.

Construction 160

Construction Scale Hotels Management 160

Hospitality Net

NOVEMBER 14, 2024

After months of constructive dialogue with the European Commission, other stakeholders and intense efforts of teams across our business, we reached a major milestone today: our compliance with the requirements under the Digital Markets Act (DMA).

Digital Marketing 318

Digital Marketing Construction Business Market 318

Lodging

JUNE 20, 2024

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

Pipeline 263

Pipeline Construction Market Marketing 263

Hotel Management

JANUARY 7, 2025

Those same pressures, which are starting to subside, have interestingly bolstered performance and demand for luxury hotels due to the resulting construction slowdown and supply constraint. The post Exclusive: Langham signings on the up as luxury market remains robust appeared first on Hotel Management.

Marketing 249

Marketing Market Construction Accommodation 249

Skift Blog

JUNE 5, 2024

AirDNA showed how coastal, lake, mountain, small-town, and rural vacation rental markets are faring well compared to 2019.

Marketing 264

Marketing Market Occupancy Construction 264

Hospitality Net

NOVEMBER 13, 2024

Booking.com’s Chief Legal & Public Affairs Officer, Maria Rocha Barros, discusses the company’s approach to complying with the Digital Markets Act (DMA) after engaging in constructive dialogue with the European Commission and other stakeholders.

Digital Marketing 188

Digital Marketing Marketing Market Construction 188

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.

Pipeline 162

Pipeline Construction Closing Hotels 162

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. Construction is expected to commence in the third quarter of 2024. Total visitor expenditure in Adelaide was $5.3

Marketing 278

Marketing Market Hotels Tourism 278

Lodging

JANUARY 23, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stood at 5,964 projects/693,963 rooms. Hotel Construction Pipeline Reaches Record High Project Counts appeared first on LODGING Magazine. According to the 2023 year-end U.S. The previous project count high was Q2 2008 with 5,883 projects.

Pipeline 173

Pipeline Construction Closing Hotels 173

Hotel Business

SEPTEMBER 6, 2024

Bridge , a digital platform that connects middle-market developers with a network of debt capital providers, has launched its ground-up construction lending program, an in-house lending program designed to support construction and rehab projects for franchised hotels.

Construction 119

Construction Market Marketing Accommodation 119

Hospitality Net

AUGUST 2, 2023

According to the United States Construction Pipeline Trend Report by Lodging Econometrics (LE) for Q2 2023, the five markets with the largest hotel construction pipelines are Dallas with a record-high 184 projects/21,501 rooms, Atlanta with 141 projects/17,993 rooms, Phoenix with 119 projects/16,107 rooms, Nashville with 116 projects/15,346 rooms, (..)

Marketing 181

Marketing Market Pipeline Construction 181

Hospitality Net

JUNE 21, 2024

In 2023, Hilton opened nearly 20 new hotels and ended the year with 4,000 rooms added in the market, more than in any other year in the company’s history.

Construction 277

Construction Pipeline Hotels Market 277

Hospitality Net

AUGUST 20, 2024

In total, Choice Hotels has four Everhome Suites open, 65 in the pipeline, over 20 under construction, and more than 15 expected to open within the next 12 months. As of the end of Q2 2024, Choice has nearly 400 hotels in the pipeline across four extended stay brands.

Pipeline 245

Pipeline Construction Marketing Market 245

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

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).

Pipeline 276

Pipeline Construction Closing Market 276

Are Morch

FEBRUARY 20, 2023

Constructing and carrying out an efficient hotel marketing strategy can seem challenging given the recent explosion of new travel super apps. The voyage of the modern traveler is more dispersed than ever. Moreover, Google and Expedia are modifying their ranking algorithms at a tremendous speed.

Marketing Strategy 147

Marketing Strategy Hotel Marketing Marketing Market 147

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

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.

Pipeline 113

Pipeline Construction Closing Hotels 113

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. Forty-three of the top 50 markets in the U.S. Throughout 2023, the U.S.

Construction 106

Construction Pipeline Closing Hotels 106

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. growth rate.

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Construction Pipeline Forecasting Closing 103

Hospitality Net

JUNE 9, 2023

What a difference a year makes – in the 2022 edition of Trends® in the Hotel Industry, we wrote that major markets were still attracting developers and that new supply growth among the nation’s 65 major markets was expected to record an annual gain of 1.7%, which is above the long-run average of 1.5%.

Construction 237

Construction Market Marketing Hotels 237

Hotel Business

SEPTEMBER 9, 2024

Drury Hotels ‘ newest property, Drury Plaza Hotel North Charleston, is now under construction. Drury Hotels will plan for team member recruitment and key hires in the Charleston market as construction efforts continue. The post Drury Hotels begins construction on Charleston hotel appeared first on hotelbusiness.com.

Construction 101

Construction Cancellation Hotels Hiring 101

Lodging

JANUARY 15, 2024

Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands. In Atlanta, Hilton also has a pipeline of more than 40 hotels in various stages of design and construction.

Pipeline 264

Pipeline Construction Branding Hotels 264

Hotel Management

DECEMBER 5, 2023

This signing underscores the strong demand for our luxury brands across the region as we continue to expand our portfolio in new and existing markets,” said Marriott International Managing Director, Luxury Asia Pacific excluding China, Oriol Montal. “It Construction of the development is expected to begin by the end of 2023.

Construction 130

Construction Hotels Management Services 130

Hospitality Net

AUGUST 25, 2023

The Florida Panhandle remains popular among hotel developers and investors given the strength of the market in the post-pandemic period.

Construction 237

Construction Market Marketing Travel 237

Hotel Business

NOVEMBER 16, 2023

To accommodate demand, cities like Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, Miami, New Orleans, New York City, Orlando and San Diego have an abundance of new hotel construction, renovation and brand conversion activity underway. Through Q3 2023, New York also has the most new construction starts of any market in the U.S.

Marketing 122

Marketing Market Construction Pipeline 122

Hotel Business

FEBRUARY 23, 2024

Swinerton has been chosen as the general contractor for the construction of the Chambray Hotel, a five-story property in Roswell, GA. of flexible meeting space, a fitness center and a 24-hour market. The post Swinerton to construct $30M hotel in Georgia appeared first on hotelbusiness.com.

Construction 111

Construction Real Estate Hotels Dining 111

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.

Forecasting 189

Forecasting Pipeline Construction Closing 189

Hotel Management

JULY 11, 2023

Hong Kong’s Far East Consortium is putting two of Australia’s prestigious Ritz-Carlton hotels on the market in a major portfolio sale. Ritz Carlton Melbourne Amid strong demand for luxury hotel investment opportunities in Australia and high construction costs, Dan McVay said the sale presents a major opportunity.

Construction 246

Construction Sales Events Market 246

Hospitality Net

FEBRUARY 11, 2025

The Boston lodging market continues to progress, steadily closing the gap on pre-pandemic RevPAR levels (inflation adjusted). With the new-construction pipeline empty and a record year anticipated in the convention sector, the markets future is among the brightest in the nation.

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Market Marketing Hotel Marketing Pipeline 100