Hotel Business

FEBRUARY 29, 2024

The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline hit all-time high project counts at Q4. There are 6,160 projects/1,096,748 rooms currently under construction worldwide at Q4 ’23, for a 2% increase by projects YOY. At Q4, the U.S.

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Hotel Business

OCTOBER 26, 2023

According to the most recent Construction Pipeline Trend Report for the U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% year-over-year (YOY) by projects and rooms. At the close of the third quarter, there are 1,063 projects/140,331 rooms under construction, up 8% by projects and 4% by rooms YOY.

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Hotel Owner

MARCH 3, 2023

The total global construction pipeline for hotels at the end of 2022 stood at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms in the works. This is according to Lodging Econometrics (LE), which has released its Q4 year-end Global Construction Pipeline Trend Report.

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Hotel Business

JANUARY 24, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. Combined, these three companies account for 67% of the projects and 64% of the rooms in the total pipeline.

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Lodging Magazine

NOVEMBER 2, 2022

According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of Q3 2022 are led by Marriott International with 1,385 projects/168,725 rooms. Construction Pipeline appeared first on LODGING Magazine.

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Hotel Business

NOVEMBER 13, 2023

In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia-Pacific’s total construction pipeline, excluding China, continued to show steady year-over-year (YOY) growth to end the third quarter of 2023 at 1,929 projects/398,199 rooms, up 3% by projects YOY.

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Hotel Business

AUGUST 30, 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 rooms, up 3% year-over-year (YOY) by projects and 1% YOY by rooms. In 2024, new openings are forecast to reach 2,674 hotels, accounting for 415,699 rooms.

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Hotel Business

JANUARY 29, 2024

According to the year-end Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, the country ended 2023 at 294 projects/38,396 rooms, a mere 11 projects short of the country’s peak of 305 projects achieved in Q4 2019. Canada’s pipeline is up 10% by projects and 7% by rooms, year-over-year (YOY).

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Hotel Owner

FEBRUARY 21, 2024

Lodging Economics has revealed that Europe’s total pipeline stands at 1,706 projects/254,937 rooms at the end of Q4 ‘23, with upper upscale projects leading the way according to its recent Europe Hotel Construction Pipeline Trend Report. These five countries account for 51% of the projects in the region’s overall pipeline.

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Hotel Business

NOVEMBER 15, 2023

In the Q3 2023 China Construction Pipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total construction pipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY).

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Hotel Business

APRIL 27, 2023

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. construction pipeline at Q1.

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Hotel Business

MAY 1, 2023

Construction Pipeline Trend Report released by Lodging Econometrics (LE) , LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the top 25 markets in the U.S. Dallas has 25 projects/3,739 rooms, while Phoenix has 24 projects/5,155 rooms projects presently under construction.

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Hotel Business

AUGUST 11, 2023

According to the Q2 2023 Latin America Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline includes 552 projects/88,477 rooms. Twenty-seven projects accounting for 3,796 rooms started construction in Q2.

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Hotel Business

MAY 2, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. hotel construction pipeline at the close of Q1 2023. construction pipeline appeared first on hotelbusiness.com.

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Hotel Business

MAY 23, 2023

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms. The top countries in the Europe construction pipeline by project count are led by the U.K.

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Hotel Business

MAY 5, 2023

As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline stands at 283 projects/37,683 rooms. Canada’s total construction pipeline increased 10% by projects and 5% by rooms year-over-year (YOY).

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Hotel Business

FEBRUARY 2, 2023

Lodging Econometrics (LE) reports that both Canada and Latin America saw growth in their respective hotel construction pipelines for 2022. At year-end 2022, projects presently under construction in Canada stand at 52 projects/6,593 rooms. Canada had 29 new hotels, accounting for 3,213 rooms open in 2022. room supply increase.

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Hotel Business

NOVEMBER 14, 2022

In the Q3 2022 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 548 projects/90,728 rooms, down 5% by projects and 12% by rooms, year-over-year (YOY). These five cities account for 21% of the rooms in the region’s total construction pipeline.

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Lodging Magazine

JANUARY 25, 2023

According to the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects was Dallas with a record high count of 176 projects, accounting for 20,790 rooms. Construction Pipeline appeared first on LODGING Magazine.

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Lodging Magazine

JANUARY 25, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE) for 2022, the franchise companies with the largest construction pipelines at the end of Q4 were led by Marriott International with 1,490 projects/180,113 rooms. Construction Pipeline in Q4 2022 appeared first on LODGING Magazine.

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Hotel Business

MAY 24, 2023

According to the Q1 2023 Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) , the hotel construction pipeline in the region increased to 581 projects/147,356 rooms, up 8% by projects and 6% by rooms year-over-year (YOY). These trends continue to show developer enthusiasm in the region.

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Hotel Business

MAY 15, 2023

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY). In the first quarter, China opened 78 hotels/14,335 rooms.

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Hotel Business

MAY 11, 2023

According to Lodging Econometrics ’ (LE’s) Construction Pipeline Trend Report for Q1 2023, the hotel construction pipeline in Latin America, quarter-over-quarter, has increased 2% by projects and 3% by rooms. Of the 546 projects/90,193 rooms, 226 projects/40,034 rooms are under construction throughout Latin America.

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Hotel Business

MAY 17, 2023

As seen in Lodging Econometrics’ (LE) most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline. Vietnam follows with 239 projects/84,035 rooms, then Indonesia with 202 projects/33,804 rooms.

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Hotel Business

FEBRUARY 15, 2023

In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stood at 1,711 projects/260,911 rooms.

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Hotel Business

AUGUST 3, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE) , in the second quarter of 2023, the franchise companies with the largest pipelines in the U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) , in the second quarter of 2023, the franchise companies with the largest pipelines in the U.S. growth rate.

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Boutique Hotel News

NOVEMBER 24, 2022

The Europe Hotel Construction Pipeline Trend Report found that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,600 projects of 258,476 rooms. There are 790 projects currently under construction, and in the next 12 months a further 408 are planning to get underway.

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Hotel Business

NOVEMBER 17, 2022

According to the recent Q3 2022 close of the Construction Pipeline Trend Report for the Asia-Pacific region from Lodging Econometrics (LE) , Asia-Pacific’s total construction pipeline, excluding China, stands at 1,881 projects/401,545 rooms, up 7% by projects and 5% by rooms Year-Over-Year (YOY).

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Hotel Business

JANUARY 23, 2023

In the most recent Construction Pipeline Trend Report for the U.S. construction pipeline stood at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms year-over-year (YOY). In Q4, all stages of hotel construction in the U.S. opened 464 new hotels, accounting for 54,620 rooms, for a growth rate of 1.0%.

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eHotelier

JANUARY 25, 2023

As reported in the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE) for 2022, the franchise companies with the largest construction pipelines at the end of Q4 are led by Marriott International (Marriott) with 1,490 projects/180,113 rooms.

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eHotelier

FEBRUARY 23, 2023

According to the Q4 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, LE analysts report that the hotel construction pipeline in the region stands at 549 projects/143,637 rooms.

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Hotel Business

SEPTEMBER 14, 2023

In the latest Hotel Construction Pipeline Trend Reports from Lodging Econometrics (LE), the total Americas—comprising the U.S., Canada and Latin America—hotel construction pipeline stands at 6,399 projects/785,897 rooms. In these years, the upscale and upper-midscale chain scales will account for 60-65% of the projected openings.

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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.

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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.

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Hotel Owner

APRIL 22, 2024

The four-star, 142-bedroom hotel, constructed with half the embodied carbon of a standard hotel, will generate 100% of electricity consumed via the photovoltaic roof and wall panels, positioning it firmly in line with the 2050 Paris Agreement requirements and exceeding 2030 targets.

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Hotel Business

FEBRUARY 15, 2024

hotel construction pipeline reached its highest level for projects with 5,964 projects and 693,963 rooms. The extended-stay under-construction phase exhibited significant year-over-year (YOY) expansion, escalating by 40% in projects and 37% in rooms, culminating in 396 projects and 41,257 rooms at the close of Q4 ’23.

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Hotel Business

NOVEMBER 17, 2022

From Q3 ’21 to Q3 ’22, the extended stay new construction pipeline grew 26% Year-Over-Year (YOY) by rooms. Construction Pipeline are extended-stay projects, accounting for 35% of projects and 30% of the rooms in the total U.S. At the end of Q3 ’22, 1,855 projects/190,405 rooms in the U.S. with 494 projects/50,809 rooms.

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