Hospitality Net

MAY 7, 2024

The latest Latin America Construction Pipeline Trend Report by Lodging Econometrics (LE) reveals robust growth in the region’s hotel construction sector.

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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.

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Hospitality Net

MAY 1, 2024

The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an impressive 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY).

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Hospitality Net

AUGUST 10, 2023

Andaz Turks & Caicos closed the final phase of financing and will immediately begin construction, marking an important milestone for the highly-anticipated resort and residential property that is poised to bring a fresh, modern luxury offering to the island and famed Grace Bay Beach.

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Hospitality Net

FEBRUARY 28, 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.

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Hospitality Net

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. Similarly, construction starts are the highest they’ve been since Q3 2019, standing at 54 projects/9,433 rooms.

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Accounting 76

Boutique Hotel News

MAY 23, 2023

UK: Zeal Hotels, an acquisition and development company , has signed an exclusivity agreement with IHG Hotels & Resorts for its first net zero carbon hotel in Exeter. Zeal Hotels has recently secured planning permission for a 142-bedroom hotel, with construction due to begin in July. It is expected to open in 2024.

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Hotel Owner

MAY 17, 2023

Zeal Hotels has signed a new agreement with IHG Hotels and Resorts for its first net zero carbon hotel. The hotel will mark both companies’ first lifecycle net zero carbon hotel. It will be aligned with the UK Green Building Council’s framework definition of net zero carbon buildings, and is set to open next year.

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Definition 139

Hospitality Net

FEBRUARY 12, 2024

According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the Asia Pacific excluding China (APEC) increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.

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Hospitality Net

OCTOBER 23, 2023

The other three new-build hotels are being constructed at the Kia Oval Cricket Ground, in Bermondsey and in Beckenham. This is the group’s fourth hotel currently being built in London.

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Hospitality Net

MAY 14, 2024

Lodging Econometrics (LE) has released its Q1 2024 Hotel Construction Pipeline Trend Report for Europe. According to LE analysts, the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter.

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Hospitality Net

FEBRUARY 15, 2024

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline reached a new all-time high by projects for the second quarter in a row at Q4 2023.

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Hospitality Net

APRIL 29, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. The recent U.S.

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Hospitality Net

APRIL 24, 2023

Each of the four world regions showed a year-over-year decline in hotel construction activity, with Asia Pacific coming closest to its 2022 comparable, according to March 2023 pipeline data from STR.

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Hotel Owner

JANUARY 17, 2024

The 142-bedroom hotel is currently on schedule in week 26 of a 75-week construction programme. It will be managed by Valor Hospitality. The project focuses on sustainability and will help transform the established hotel construction and operational benchmarks.

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Scheduling 90

Hospitality Net

FEBRUARY 20, 2024

The recent Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the region’s total pipeline stands at 1,706 projects/254,937 rooms at the end of Q4 ‘23.

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Hotel Owner

NOVEMBER 23, 2022

The Sustainable Hospitality Alliance (the Alliance), the network for responsible hospitality, and the UK Green Building Council (UKGBC), which aims to “radically improve the sustainability of the built environment”, have announced a co-operation agreement. With a global hotel construction pipeline of over 2.3

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Hospitality Net

NOVEMBER 12, 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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Hospitality Net

FEBRUARY 23, 2024

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms.

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Hospitality Net

NOVEMBER 20, 2023

In the Q3 2023 Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE), analysts state that Europe’s total construction pipeline currently stands at 1,673 projects/249,264 rooms, up 1% by projects year-over-year (YOY).

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Hospitality Net

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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Hospitality Net

NOVEMBER 14, 2023

NYSE: CHH) continues its growth in the extended stay segment with three new Everhome Suites under construction, and six more in various stages of development across the Southern California region. Choice Hotels International, Inc.

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Hospitality Net

MAY 10, 2024

As seen in the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms.

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Hospitality Net

MAY 2, 2023

In the recently released United States 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. Marriott International (Marriott) tops the charts with the greatest number of projects in the U.S.

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Hotel Owner

MAY 19, 2023

Highgate CEO Arash Azarbarzin said: “We all share an urgent responsibility to reduce our impact on climate change, and this is especially true for the hospitality industry. Paul McElroy, executive VP of Design and Construction, added: “We are deeply focused on sustainable design and construction practices, partners and opportunities.

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Hospitality Net

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.

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Hospitality Net

MAY 25, 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).

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Hotel Owner

JUNE 22, 2023

Zeal Hotels has acquired the site for its 142-room net zero carbon hotel, with construction due to begin next month at Exeter Science Park. The group signed an exclusivity agreement with IHG Hotels and Resorts for the hotel, which will be managed by Valor Hospitality once opened.

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Hospitality Net

MARCH 18, 2024

Constructive criticism, by its nature, aims to support growth and improvement, making it an invaluable tool for personal and professional development. Although it might not feel like it at the time, receiving criticism can be a positive and enriching experience.

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Serviced Apartments

APRIL 18, 2024

Lamington Group focuses on three main aspects when addressing sustainability within the company: net zero, circularity, and health and wellbeing. With buildings accounting for 40 per cent of greenhouse gas emissions, the real estate sector – and the hospitality industry in particular – can no longer shirk its responsibility.

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Hospitality Net

OCTOBER 25, 2023

According to the most recent Construction Pipeline Trend Report for the United States by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% Year-Over-Year (YOY) by projects and rooms.

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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).

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Hospitality Net

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 currently stands at 283 projects/37,683 rooms. Canada’s total construction pipeline increased 10% by projects and 5% by rooms year-over-year (YOY).Accelerated

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Hospitality Net

AUGUST 3, 2023

According to the most recent United States 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. hotel construction pipeline. These three franchise companies comprise 68% of all projects in the total U.S.

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Hospitality Net

AUGUST 10, 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.

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Hospitality Net

NOVEMBER 14, 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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Serviced Apartments

NOVEMBER 28, 2022

UK: The Sustainable Hospitality Alliance (SHA) and the UK Green Building Council (UKGBC) have partnered to enhance the sustainability of new and existing hotels. Given that the UK aims to reach net zero by the same year, minimising construction and operational emissions is necessary to deliver on that goal.

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