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reported a record development pipeline in its second quarter 2025 results, as well as a.5% On the development side, we achieved the largest pipeline in our history, and we remain confident in our ability to deliver net unit growth between 6% and 7% for the next several years.” Hilton Worldwide Holdings Inc. 5% decline in RevPAR.
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stands at 6,211 projects/722,821 rooms, up 9% by projects and 7% by rooms year-over-year (YOY). surpassing previous pipeline records. pipeline, reaching a new all-time high of 2,315 projects/224,703 rooms. supply increase.
Wyndham Hotels and Resorts’ economy brand Days Inn is experiencing strong growth in China, marking the opening of its 100 th hotel with the opening of Days Inn by Wyndham Shantou Jinping. The brand now spans approximately 60 major cities across China including Beijing, Chengdu and Harbin.
Marriott International is set to bring its AC Hotels brand to Queensland for the first time following an extensive renovation of a Gold Coast hotel. Marriott has previously signed agreements to debut its world-renowned luxury brands, including The Ritz-Carlton, St.
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,280 projects with 737,036 rooms in the pipeline. Both projects and rooms in the under construction and scheduled to start in the next 12 months stages of the pipeline are down slightly YOY at the Q2 close.
Wyndham Hotels & Resorts increased its pipeline by 5% to a record high of 255,00 rooms in development in its results for the three months ended June 30. Development pipeline grew 1% sequentially and 5% year-over-year to a record 255,000 rooms. 6% pipeline growth in the U.S. 6% pipeline growth in the U.S. per share. “We
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) finds that, at the close of the first quarter of 2025, the top five markets with the largest hotel construction pipelines are led by Dallas with 203 projects/24,496 rooms, a new all-time-high room total representing 9% project and 11% room growth year-over-year (YOY).
hotel industry maintains a steady development pipeline, though current activity reflects a more cautious approach amid near-term challenges. Hotel Construction Pipeline Trend Report, the total pipeline has expanded to 6,376 projects encompassing 749,561 rooms—representing a 5% increase in projects and 7% growth in rooms compared to Q1 2024.
As seen in the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , at the close of 2025s first quarter, the region’s total pipeline stands at 1,683 projects/247,472 rooms. Countries in Europe with the greatest number of projects in the pipeline at Q1 are led by the U.K.
According to the Q4 2024 Canada Construction Pipeline Trend Report by Lodging Econometrics (LE) , Canadas total construction pipeline has reached record-breaking counts of 333 projects/43,413 rooms, showing robust growth of 13% for both projects and rooms year-over-year (YOY).
The company also announced that it has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial purchase consideration of approximately $116 million. IHG expects to expand the brand globally, including the Americas. RevPAR up 1.7% for the year, accelerating from 0.6% in the first half to 2.6%
Marriott International has reached an agreement to acquire the lifestyle, select-service brand citizenM. At closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property. “I envisage this relationship will greatly enhance citizenM’s global reach and brand impact. .
I am excited to return to the Accor family and work with these much-loved brands, said Fraser. Joining the Sofitel, Sofitel Legend, MGallery, and Emblems brands gives me the opportunity to bring this experience to some of the Pacifics most iconic luxury properties.
Brands are always looking for new ways to create leads and close sales. Let’s dive into why they’re so helpful, select the best for your brand, and build long-term partnerships that provide continuous results. This can also further increase a brand’s reach without always having to blow the budget.
IHG Hotels & Resorts has opened voco Zeal Exeter Science Park in the U.K.the companys first branded net zero carbon hotelin partnership with Zeal Hotels and Valor Hospitality. We are really pleased to be working with them on this first branded net zero carbon hotel. & Ireland, IHG Hotels & Resorts.
BWH Hotels hires Senior Business Development Executive BWH Hotels Australasia has appointed Dean Bagley to the role of Senior Business Development Executive. His proven track record in business development and leadership will be key in driving our growth in the APAC region.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel construction pipeline remained stable at 3,779 projects/681,915 rooms at the close of the fourth quarter of 2024, showing minimal change year-over-year (YOY).
IHG is set to introduce its fastest growing premium brand, Voco, to the Northern Territory for the first time under a partnership with JH Group. The 87-key Voco Darwin Suites, which is set to open late this year, will see the conversion of a commercial office building at 87 Mitchell Street in the heart of Darwins Central Business District.
Neeraj Chadha, Marriott International Tell us a bit about Marriott International’s Fiji portfolio to date and any pipeline properties. Pipeline properties: stay tuned. The US represents a great opportunity with the strength of Marriott brand and power of 200M+ Bonvoy Members as Fiji Airways increases capacity in this key source market.
The 130 room ANA Holiday Inn Kobe Sanda, currently The Celecton Premier Kobe Sanda Hotel, and the 126 room ANA Holiday Inn Tosu, currently, Hotel Bientos, will both undergo extensive renovations and convert to the much-loved Holiday Inn brand in 2026. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
The brand continues to deliver unique, authentic stay experiences across new destinations worldwide. She later brought her expertise to Hiltons supply management, leading strategic initiatives that enhanced brand engagement, responsible sourcing, and marketing efforts.
. “All segments drove RevPAR outperformance, with strong trends in leisure occupancy, as well as continued growth in business transient and group results, and we expect favorable trends to continue into 2025. Hilton also added several luxury hotels to our pipeline in the Middle East and Africa region during the quarter.
“Marriott achieved excellent results in 2024, as we delivered best-in-class experiences that helped drive strong demand for our industry-leading portfolio of brands,” said Anthony Capuano, president/CEO, Marriott. The company also added more than 123,000 rooms in 2024, a company record, for net rooms growth of 6.8% to more than 1.7
That said, we remain confident in the resilience of our asset-light business model, the strength of our brand portfolio and our ability to adapt to evolving market conditions. We are excited about the momentum in our pipeline and the continued strong demand we’re seeing for our brands around the world.”
IHG Hotels & Resorts (IHG) has reached the milestone of 100 open hotels for its voco brand since it launched in 2018. The brand has more than 95 hotels in the pipeline. The brand has more than 95 hotels in the pipeline. “We She added, “We’re now open in more than 25 countries, from the U.K.
Hilton has reached a major milestone, surpassing 500 open hotels across Florida, fueled in part by its expanding portfolio of lifestyle brands, including the upcoming debut of Tempo by Hilton in the Sunshine State.
Our focus will be on innovating and personalising each touchpoint, exceeding expectations and creating exceptional value for our loyal members, hotels, business partners and team members.” We are excited to see him step into this next chapter to drive further excellence across our business.”
Q1 global rooms revenue on a comparable basis saw business +3%, leisure +2% and groups +5% ADR +2.2% excluding the Ruby brand acquisition, compared to 17.7K in the same quarter last year; global pipeline of 334K rooms (2,265 hotels), +9.4% excluding the Ruby brand acquisition, compared to 17.7K IHG saw a 3.3% YOY, +1.5%
Patrick Fitzgibbon, senior vice president, development, Europe, Middle East & Africa, Hilton, said, “We’re delighted to be collaborating with M&L Group to introduce the Waldorf Astoria brand to Finland. As we near 300 luxury hotels in EMEA, it’s fantastic to have signed our first in the Nordics.
We are looking forward to bringing our vision and creativity to the ZaZa brand, building on what was started. Hotel ZaZa Austin Downtown is close to Austins Central Business District with its dense corporate presence and acclaimed dining, retail and live music venues. The hotel has 166 rooms and 5,528 sq.
“In 2024, we also successfully relaunched four brands, substantially expanded our partnerships business, significantly increased our international footprint, achieved record organic rewards program growth and unlocked new value through additional ancillary revenue opportunities. . Global pipeline as of Dec.
Scheduled to open in the first quarter of 2029, this signing reinforces IHG’s commitment to strengthen presence in high-growth markets across India, catering to the needs of both business and leisure travelers.
The Q1 2025 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals that at the close of Q1, the hotel construction pipeline in the region increased to 634 projects/158,656 rooms, up 4% by projects and 10% by rooms year-over-year (YOY).
Ditch anything that doesn’t directly support conversions, loyalty, or brand building. Make ROI a Vendor Requirement Every vendor should report against business outcomes, not vanity metrics. Closer: Your Team Isn’t the Problem : The Process Is Burnout isn’t just a vibe—it’s a pipeline issue. Empower creativity.
Expected to open last quarter 2028, the 182-room voco London – Waterloo will join IHG’s fastest growing premium brand and offer a hotel experience that is consistently thoughtful and distinct. We are thrilled to be strengthening our partnership with Palm Holdings through the development of this remarkable dual-branded property.
Alongside Golden Group Holding, the deal marks the first signing of the voco brand in the Sultanate of Oman, further expanding IHG’s premium portfolio across the Middle East. Launched in 2018, voco is IHG’s fastest-growing premium brand, already making its mark with openings and signings across Europe, the Middle East, Africa, and Asia.
Marriott International has completed its acquisition of lifestyle brand citizenM , previously announced in April. citizenM’s current pipeline of two hotels totaling more than 300 rooms are also anticipated to be added to Marriott’s portfolio. “As Europe and Asia Pacific.
Today, with our more diversified avenues of growth, a more resilient customer profile and a meaningfully strengthened brand portfolio, including our larger presence in the cycle-resilient extended-stay segment, we have established an even stronger foundation for near-term stability and long-term growth.”
Lodging Econometrics (LEs) Q1 2025 Hotel Construction Pipeline Trend Report for China reveals that the construction pipeline stands at 3,704 projects/670,185 rooms, which is down slightly from the peak project total Chinas pipeline reached in Q3 2024. Shanghai follows with 131 projects/24,733 rooms.
And I was fortunate enough to work on some great projects running standard brand overseeing iconic properties like Chateau Marand, Sunset Beach, the Mercer in New York, and opening the Chilton Firehouse, which was my last major project before leaving Andre and then coming over to set up Salt Hotels. I’m Sure. What does that mean to you?
Two new Park Inn hotels; Makkah Thakher Alsharqi and Makkah Thakher Algharbi deepened the Group’s presence in the holy city along with a recent opening in Riyadh and Madinah as well, while November 2024 welcomed Park Inn by Radisson Hotel & Apartments Kuwait, the brand’s second property in the country.
This includes branded and independent limited-service hotels, extended-stay properties and boutique assets. Long Road’s lifestyle and golf-oriented real estate segment will include resort-adjacent residential, branded condominiums and for-sale product integrated into golf and hospitality environments. This isn’t about chasing trends.
Hospitality America has opened Hotel Avail Rogers, Tapestry Collection by Hilton , marking the brand’s debut in Rogers, AK. This is Hospitality America’s second managed hotel in Arkansas, its 16th Hilton hotel and one of 14 properties developed by Windsor Aughtry , with four more in the pipeline.
a Chattanooga-based hotel development and management company, has officially broken ground on the new dual-branded Home2 Suites by Hilton and Tru by Hilton Lookout Valley in Chattanooga, TN. The post Vision Hospitality breaks ground on dual-brand property appeared first on hotelbusiness.com. Vision Hospitality Group Inc. ,
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