article thumbnail

Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows

Hospitality Net

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).

Pipeline 203
article thumbnail

Hyatt EAME Announces Robust Pipeline: More Than 50 Per Cent of Regional Growth Leans Into Leisure

Hospitality Net

Hyatt Hotels Corporation (NYSE: H) today announced plans for scaled growth in the leisure space in Europe, Africa and the Middle East (EAME) underscored by a record year of deal signings in 2023.

Pipeline 234
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Higher-End Chain Scale Projects Dominate the Middle East Hotel Construction Pipeline, Reaching Record Highs at Q3 Close

Hospitality Net

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).

Pipeline 178
article thumbnail

LE: Record number of projects in U.S. construction pipeline

Hotel Business

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stands at 6,211 projects/722,821 rooms, up 9% by projects and 7% by rooms year-over-year (YOY). surpassing previous pipeline records. pipeline, reaching a new all-time high of 2,315 projects/224,703 rooms. supply increase.

Pipeline 105
article thumbnail

BWH? Hotels Prioritizes Growth And Development In Latin America

Hospitality Net

As the hospitality industry in Latin America continues to see rapid growth, BWH Hotels is dedicated to expanding current offerings in the region through a series of new development projects in the pipeline.

Scale 182
article thumbnail

Exclusive: Choice welcomes acquisitions expert to drive APAC growth

Hotel Management

During this time, he led the acquisition of more than 20 diversely scaled businesses. Based in Melbourne and reporting to Fraser, Conroy will be responsible for building a pipeline of high-value deals and strategic partnerships. “I I feel honoured to take on the position of Director, Investment and Portfolio Growth,” Conroy said.

Scale 246
article thumbnail

BWH Hotels Expands and Develops in Latin America

Lodging

PHOENIX, Arizona—BWH Hotels is expanding current offerings in the Latin American region through a series of new development projects in the pipeline. With properties all over the world, there are 19 brands across every chain scale segment, from economy to luxury, allowing BWH Hotels to impact the hospitality sector in Latin America.

Scale 173