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U.S. hotel construction activity rose in March, first increase in nine months

Hospitality Net

hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. The volume of U.S.

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Voco Zeal Exeter Science Park appoints sales expert

Hotel Owner

Voco Zeal Exeter Science Park has announced the appointment of Beth Ardron as director of sales and marketing manager. She joins the group from Klarent Hospitality, where she was cluster director of sales for Mercure at the 98-room Mercure Exeter Rougemont and 156-room Mercure Exeter Southgate.

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Year-Over-Year Growth in the Hotel Construction Pipeline for the Top 25 U.S. Markets as a Group

Hospitality Net

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. In the Q1 2023 U.S. The top five U.S.

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The Dallas Market Maintains Grasp on the Greatest Number of Projects in the U.S. Hotel Construction Pipeline at Q3 2023

Hospitality Net

As seen in the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five markets with the largest hotel construction pipelines by projects at Q3 2023 are led by Dallas, with an all-time high of 189 projects/21,840 rooms, followed by Atlanta, with 140 projects/17,775 rooms, and Nashville, with 122 projects/16,046 (..)

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John Wagner joins Zeal Hotels as NED

Hotel Owner

Hotel sector veteran John Wagner has joined Zeal Hotels as a non-executive director, bringing his expertise to the group as it prepares to open its first net zero carbon hotel, the Voco Zeal Exeter Science Park, in January 2025. The hotel surpasses the 2050 target for energy efficiency and will create more energy that it will utilise.

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Expanded loan limits for hoteliers who go green

Hotel Business

By Kurt Chambliss In the ever-evolving hospitality industry, innovation and financial security is crucial for success. With the program, hoteliers can construct, purchase or refinance hotel facilities with only 15% down payment and a below-market rate, fixed for 25 years. Previously, there was a three project and a $16.5

Marketing 110
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Foundation to Finishing: Construction Management’s Vital Role in Hotel Development and Revitalization

Hospitality Net

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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