Hospitality Net
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. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY).
Hotel Management
SEPTEMBER 4, 2023
Construction has commenced on Peppers Gladstone, marking the first new hotel construction in the region in over a decade. “We The dual-branded property is expected to appeal to business and leisure travellers and will cater to small to large-scale meetings, expos and weddings within its various conference spaces.
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Hospitality Net
NOVEMBER 22, 2023
According to the Q3 2023 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the third quarter, the hotel construction pipeline in the region stands at 585 projects/139,582 rooms. Project counts in the region are up 9%, while room counts show a 3% increase year-over-year (YOY).
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.
Lodging
MARCH 10, 2025
Traditional lenders continue to scale back, and those still active are offering significantly lower loan-to-value (LTV) ratios, making it difficult for developers to move projects forward. Securing financing for hotel development continues to remain challenging.
Hotel Management
OCTOBER 17, 2023
Construction is underway on the second and final stage of Capella Sydney which will see further development of state-significant heritage-listed buildings to establish larger-scale event and meeting spaces, curated retailers, and signature food and beverage venues.
Hotel Management
OCTOBER 3, 2023
Market challenges Upward pressure on construction costs There’s no doubting the last few years have been challenging ones for the property sector, which has experienced significant increases in the price of commercial construction since the pandemic. This has, in turn, created enormous opportunity for hotel conversion.
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