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.

Construction 59

Construction Pipeline Forecasting Scale 59

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.

Market 122

Market Marketing Construction Pipeline 122

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.

Construction 111

Construction Pipeline Scale Hotels 111

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.

Construction 59

Construction Real Estate Retail Scale 59

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. market, predominantly in the high-demand extended-stay category.

Services 111

Services Pipeline Scale Forecasting 111

Hotel Management

AUGUST 8, 2024

In HM ’ s 2024-2025 Hotel Development Outlook, Choice Hotels Asia-Pac Head of Investments and Portfolio Growth, Trent Conroy, talks strategy to overcome current market challenges. Independent hotels are also increasingly turning to brands, driven by market dynamics and guest preferences.

Scale 130

Scale Hotels Forecasting Construction 130

Hotel Business

FEBRUARY 16, 2023

Renovations and conversions account for more projects and rooms than those that are currently in the under construction stage of the new construction pipeline. At the end of Q4 ’22, there were a total of 1,008 projects/135,492 rooms under construction in the U.S. with 2,175 projects/219,005 rooms.

Scale 99

Scale Pipeline Construction Real Estate 99

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. The post Marriott enters the affordable mid-scale segment in Canada & the U.S. For the U.S.

Scale 59

Scale Consumer Branding Construction 59

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.

Pipeline 264

Pipeline Branding Construction Marketing 264

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

Construction 147

Construction Hotels Scale Pipeline 147

Hotel Business

APRIL 24, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. Presently, there are 1,144 projects comprising 141,336 rooms under construction, marking a 9% increase in projects and a 1% increase in rooms YOY.

Pipeline 64

Pipeline Construction Scale Forecasting 64

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. Construction of the urban village will commence in mid-2024 with completion estimated for mid-2026.

Scale 130

Scale Branding Events Hotels 130

Hotel Business

APRIL 19, 2023

The more than 23,000 upper-upscale rooms in construction right now represent 3.4% rooms in construction fell slightly in March, which aligns with patterns in previous years. .” rooms in construction fell slightly in March, which aligns with patterns in previous years. of the segment’s existing supply. ” U.S.

Pipeline 107

Pipeline Business Travel Construction 107

Hotel Business

APRIL 29, 2024

LVXP’s leadership team includes experts in real estate, finance, marketing, technology, sports and entertainment, according to the company. My experience leading the construction of some of the most iconic developments on the Strip has provided me with the insight and expertise necessary to bring this project to fruition,” said Tomasino.

Real Estate 104

Real Estate Construction Casinos Retail 104

Hotel Management

SEPTEMBER 24, 2024

Hilton SVP for Development – APAC, Clarence Tan, discusses key opportunities in the Asia Pacific market amid a strong demand for leisure travel. The APAC hotel development landscape has seen significant growth over the past year, reflecting the region’s dynamic and resilient tourism and hospitality market. billion, up from US$9.8

Pipeline 130

Pipeline Branding Marketing Market 130

Hotel Business

SEPTEMBER 25, 2024

A recent $73 million origination for a 263-room dual-branded Hilton hotel development in San Diego demonstrates how creative financing structures, combining both construction loans and Commercial Property Assessed Clean Energy (CPACE) financing, can overcome these obstacles. 50.4MM senior + CPACE deal In the San Diego deal, a $50.4

Construction 59

Construction Real Estate Scale Marketing 59

MediaBoom

JULY 25, 2023

Marketing of financial services is critical for differentiating companies in the industry. What is marketing of financial services? Marketing of financial services are promotional tactics used in the finance and insurance sector to drive goals like increasing credibility and trust, brand awareness, lead gen, and customers.

Services 87

Services Market Marketing Digital Marketing 87

MediaBoom

MARCH 14, 2024

Marketing strategies in the hotel sector are designed to enhance brand visibility and broaden reach. A r obust local SEO strategy helps travelers find your hotel when they’re searching for accommodations in your vicinity, making it a critical component of your digital marketing efforts. Let Mediaboom guide you.

Digital Marketing 68

Digital Marketing Services Market Marketing 68

Hotel Business

AUGUST 29, 2024

Toscano brings three decades of experience in the luxury-lifestyle market and is known for his ability to create, manage and scale a variety of assets, according to the company. He will join the team in a transition from current leader Alinio Azevedo starting on Sept.

Hospitality 111

Hospitality General Manager Scale Construction 111

Hotel Management

DECEMBER 20, 2023

A lot of the target [market] was around project-focused corporate opportunity. It’s a lot of relationship building in the local market. But in terms of the cost of construction, it doesn’t help to solve that at all. When you look at it from the owner’s perspective, the office market is in a state of transition.

Construction 267

Construction Shopping Pipeline Occupancy 267

Hotel Management

MARCH 14, 2024

Hotel occupancy, which is at a market average of 70%, is up 15% year-on-year, but remains down (-9%) on pre-pandemic levels. That is reflected in the new hotel projects that have been delivered since 2020, with 64% of total rooms being in the midscale to upscale segment and 36% in the upper-upscale to luxury end of the market.”

Occupancy 130

Occupancy Events Hotels Tourism 130

Hotel Business

AUGUST 16, 2023

Unlike in other select markets throughout the Southeast, these hotels maintained a positive year-over-year revenue trend during the sale process which enhanced marketability and helped insulate the value from downward pressure driven by elevated cost of debt and insurance,” said Robert S. Hunter, SVP, Marcus & Millichap.

Sales 52

Sales Sales Process Scale Construction 52

Hotel Business

JULY 5, 2024

Detroit-based developer Sterling Group and the Detroit Regional Convention Facility Authority (DRCFA) have revealed that a new, 600-room JW Marriott is under construction at Water Square, the site of the former Joe Louis Arena. In February 2022, construction began on the Residences at Water Square, which opened in February.

Real Estate 59

Real Estate Construction Events Services 59

Hotel Designs

MARCH 8, 2024

“I love the scale of carpet design – it’s exciting drawing the design into floor plans and to see the installation come alive,” explained Arkley. It’s always inspiring to interview a textile designer who has been creating patterns and design solutions for industry leaders in the home and interiors markets for over 20 years.

Construction 111

Construction Retail Scale Marketing 111

Hotel Business

APRIL 26, 2024

Bruce Smith and Cordish’s experience, comprehensive project master plan and visionary approach, ideal site location, robust financial strength and commitment to swift market entry make them the clear and unanimous choice of both our consultants and city council. ” Upon completion, the Live!

Casinos 59

Casinos Scale Construction Resorts 59

Hotel Business

MARCH 21, 2023

Its rapid growth is a testament to the power that comes with the scale and resources of the world’s largest hotel franchising company and what can happen when brands take the time to truly engage and understand the needs of the development community.” As developers, it’s everything we’re looking for.” Coming in at approximately 50,000 sq.

Pipeline 59

Pipeline Construction ROI Hotels 59

Hotel Speak

APRIL 4, 2023

UK and Australia, Stackla (a marketing content agency) reports that 90% of consumers declare authenticity is important when choosing which brand to buy while only 50% believe brands create authentic content. Symbolism relates to the ability of a brand to help its customers in constructing their identity and revealing who they are as citizens.

Branding 111

Branding Consumer Scale Intent 111

Hotel Business

JANUARY 30, 2023

“Luxury resort properties have been among the strongest performers throughout the pandemic as travelers sought out high-end amenities in drive-to markets,” said Woolson, an EVP with CBRE. Additional plans include recreational activities on Lake Juliana, a full-service spa, a recreation center, restaurants and boutique winery.

Resorts 52

Resorts Sales Real Estate Scale 52

Hotelier Magazine

JUNE 4, 2024

Following the awards, Caira sat down with Hanif Harji, CEO of Scale Hospitality for an Icons & Innovators interview that outlined Harji’s journey in the hospitality industry and highlighted strategies for growth, including identifying under-served areas and building a strong team. Every customer is different,” he pointed out.

Scale 52

Scale Hospitality General Manager Digital Marketing 52

Hotel Business

MARCH 28, 2023

“As an industry, we owe it to the next generation of hoteliers to change this statistic, which is why Choice is proud to be at the forefront of rebalancing the scales of opportunity through HERtels by Choice. Choice teaches you operations, revenue management, competitive sales and marketing, HR tips, and more at Choice University.

General Manager 59

General Manager Real Estate Construction Branding 59

Hotelier Magazine

SEPTEMBER 5, 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, up three per cent year-over-year (YOY) by projects and one per cent YOY by rooms. PORTSMOUTH, N.H. — three are in China and one is in Saudi Arabia.

Pipeline 52

Pipeline Scale Construction Forecasting 52

MediaBoom

NOVEMBER 14, 2023

Moreover, understanding how to market to your existing clientele can significantly amplify your business development and strategy. This involves analyzing market trends and aligning them with your business goals. Skillfully leveraging content marketing and social media ensures robust communication channels.

B2B 88

B2B Business Marketing Strategy Sales 88

eZee Absolute

DECEMBER 7, 2023

I was wondering how come they have not been able to scale. Myth #9: Hotels under construction shouldn’t consider revenue management Your hotel is still under construction? Do not shy away from revenue management. In 2019, I was in Matheran. I booked a nice hotel. No worries, you can still opt for revenue management.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

Hotel Management

MAY 10, 2023

In summation, Sterns warned that there existed insolvency risks among builders, as seen in the recent residential market worries. THSA’s Rodger Powell, never shy in his predictions, observed that “the market has no more tolerance for paying more for less” with regard to these COVID-driven practices.

Marketing 130

Marketing Market Branding Events 130

MediaBoom

MAY 9, 2024

Hill Construction Co VISIT WEBSITE How does Hill Construction Co exemplify luxury home builder website design? Toll Brothers VISIT WEBSITE Toll Brothers specializes in luxury new construction homes. Secure your exclusive, free consultation with our luxury marketing experts today. Let Mediaboom guide you.

Construction 52

Construction Real Estate Branding Services 52

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. Some markets, such as Chicago, are feeling the brunt of lofty property taxes and a more significant tab for goods for amenities.

Hospitality 64

Hospitality Operations Services Revenue Management 64

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.

Real Estate 101

Real Estate Hospitality Construction Management 101