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Fusion Hotel Group reveals HIIVE brand debut in Vietnam

Boutique Hotel News

Also in Vietnam, Fusion Resort & Villas Danang is scheduled to open in autumn 2023. It will feature 172 keys, a range of meeting facilities and coworking spaces, a golf simulator, 24-hour fitness centre, and a sports bar.

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LE: U.S. construction pipeline rises in all project stages

Hotel Business

Up 9% by both projects and rooms year-over-year (YOY); project totals at Q1 ‘23 are just 338 projects, or 5.7%, behind the all-time high of 5,883 projects recorded in Q2 2008. Projects scheduled to start construction in the next 12 months are at 2,060 projects/241,568 rooms, each up 8% YOY.

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Radisson Blu Hotel Sheffield appoints GM ahead of opening

Hotel Owner

Radisson Hotel Group has announced the appointment of Valerie Donaldson as general manager of the new Radisson Blu Hotel Sheffield, which is scheduled to open this summer. As an integral part of Radisson Hotel Group since 2008, Donaldson brings a wealth of experience to her newly appointed position.

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The ascension of extended-stay hotels in the U.S.

Hotel Business

marked by the highest counts recorded since Q2 2008 by Lodging Econometrics (LE) , there’s been a significant rise in the popularity of extended-stay hotels. With remote work, flexible schedules and an increased desire for more home-like atmospheres, the extended-stay segment has experienced unprecedented growth in the U.S.

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LE: Upper-midscale projects lead U.S. construction pipeline 

Hotel Business

The hotel construction pipeline continues to grow at a moderate pace with current project counts 3% below and rooms 14% below the all-time high of 5,883 projects/785,547 rooms reached in Q2 2008. Projects scheduled to start construction in the next 12 months stand at 2,234 projects/257,729 rooms, up 8% YOY by projects and 9% YOY by rooms.

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LE: Middle East hotel projects up 10% at Q2

Hotel Business

Projects scheduled to start construction in the next 12 months increased 17% by projects YOY to 102 projects with 23,909 rooms. Projects in the early planning stage increased 31% YOY, reaching their highest levels since 2008, to stand at 165 projects/31,993 rooms.

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U.S. hotel construction pipeline hits record-high projects in Q4

Hotel Business

The previous project count high was Q2 2008 with 5,883 projects. Projects scheduled to start within the next 12 months stand at 2,259 projects/261,582 rooms, up 9% by projects and 11% by rooms YOY. At the close of 2023’s fourth quarter, there are 1,118 projects/141,768 rooms under construction, up 11% by projects and 5% by rooms YOY.