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LE: Dallas leads U.S. hotel construction pipeline

Hotel Business

The markets with the highest number of new openings through year-end are New York City with 19 hotels/4,308 rooms, Atlanta with 13 hotels/1,279 rooms, Inland Empire with 11 hotels/1,032 rooms, Phoenix with 10 hotels/1,339 rooms and Houston with 10 hotels/1,327 rooms. Looking ahead to 2024, the U.S.

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LE: Combined top 25 U.S. markets construction pipeline shows YOY growth

Hotel Business

markets, forecasting 327 new hotels/43,525 rooms to open through 2024. In the 2023 forecast, analysts expect New York to lead with the highest number of new hotels to open with 43 accounting for 7,219 rooms, followed by Dallas with 14 new hotel projects/2,268 rooms, and the Inland Empire with 14 new hotels/1,377 rooms.

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LE: Dallas hits all-time-high construction project count

Hotel Business

The markets with the highest number of new openings through Q3 are New York City with 14 hotels/2,407 rooms, Atlanta with 11 hotels/1,108 rooms, Detroit with 10 hotels/1,292 rooms, Houston with eight hotels/1,154 rooms and Austin with eight hotels/1,001 rooms.

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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

Market Forecasts Despite recent challenges, Australia’s hotel and resorts market is forecast to grow by 13.3% The situation regarding international tourist arrivals is as promising as with Australian Capital Territory, with a recovery due by 2024. Overall performance so far this year looks promising.