This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
hotel construction pipeline is being driven in large part by the introduction of more than 120 new brands since 2017 and focused development in two high-performing segments: the upper-midscale chain scale and extended-stay accommodations. hotel construction pipeline hits 749K rooms at Q1 2025 close appeared first on hotelbusiness.com.
At the close of the second quarter, there are 1,120 projects comprising 138,776 rooms under construction. 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. extended-stay supply by 5.0%. growth in U.S. extended-stay supply.
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).
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. LE analysts forecast a total of 355 new hotels/47,549 rooms to open by year-end 2025.
At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. At Q3, brand conversion activity also reached an all-time-high project count with 1,247 projects/120,912 rooms. This marks a new all-time high for projects in the U.S.,
Projects in early planning also experienced significant growth at Q4 with a 19% increase by projects and 9% by rooms YOY, to close the quarter with 170 projects and a record-high 21,273 rooms. Renovation and brand conversion activity reached new highs as well. Through Q4 2024, Canada opened 15 new hotels with 1,478 rooms.
The Radisson Hotel & Suites Niagara Falls is set for a major renovation and will be re-launched under IHGs voco brand. Sixty percent of all 2024 hotel trades were valued under $10 million, and 43 per cent closed for less than $5 million, reflecting investor interest in smaller markets with attractive yields. per cent inflation.
Joe Amati from Destination Canada emphasized tourism’s robust contribution to the national economy, forecasting annual growth of 5.42 Still, STR revised its 2025 RevPAR forecast downward from two per cent to just 0.7 Marley Kirkpatrick from Alphabet stressed authenticity in employer branding: “You can’t fake culture.
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).
Business Intelligence Agents: Forecasting with Real-Time and Historical Data Hotel forecasting has historically relied on manual reporting, static historical data, and siloed systems. These agents help properties maintain an active, responsive brand presence online without overwhelming staff bandwidth.
âPartnering with a brand like Jurny gives our customers access to some of the most advanced, real-time guest engagement tools available todayâall with minimal lift and immediate impact,â said Patty Jefferson, Chief Development Officer at Visual Matrix. The joint solution is now available to restaurant partners.
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).
With market forecasts pointing to AI in hospitality exceeding $1.4 Closing Thoughts: The New Competitive Edge Hotels that want to lead in the next era of hospitality must stop viewing networking as back-end plumbing and start treating it as strategic infrastructure.
By using predictive artificial intelligence, RaccoonRev Plus will generate daily rate recommendations up to 90 days in advance, factoring in signals like competitor rates, historical trends, pickup pace, weather forecasts, and lead-time behavior. Brands can no longer treat gen AI users as early adopters. They are the new mainstream.
Role Based Access Control (RBAC) that enables brands to confidently delegate responsibilities without compromising security or visibility. As its portfolio of branded and independent hotels continues to grow across the U.S., Improved single sign-on and multi-factor authentication adds layers of administrative security.
It helps define your property’s value, clarify your brand positioning, and attract the right type of guest. Hotels are typically found in cities, near airports, or close to tourist attractions. Hotels have more room to build a brand. Strong brand identity A clear, consistent brand helps you rise above the noise.
Role Based Access Control (RBAC) that enables brands to confidently delegate responsibilities without compromising security or visibility. As its portfolio of branded and independent hotels continues to grow across the U.S., Improved single sign-on and multi-factor authentication adds layers of administrative security.
The travel and hospitality sector, in particular, has recalibrated its outlook for the year, with some global hotel brands lowering their RevPAR guidance as they navigate the current climate with a mix of caution and quiet confidence. According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6
Built from the ground up for this segment, GameTime offers a fast, scalable solution tailored to brands that prioritize efficiency and agility. Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out.
Highgate selected SONIFI for its proven ability to deploy scalable, high-performance technologies across diverse brands and asset types. enhancing digital infrastructure for both branded and independent hotels. The deal closed today for an undisclosed amount.
By adopting CPI, hotels under Wyndhams 25 brands donât need to purchase or maintain expensive on-site hardware for their property management system. This tech upgrade aligns with a larger brand transformationâincluding brighter, more inviting store designs and a reimagined menu aimed at families and food lovers alike.
Hotels can configure the solution at the chain, brand, or property level for brand consistency and control. Managed through a single unified inbox, hotels can streamline communications, ensure a consistent brand voice, and gain insights into guest sentiment and trends. âA year ago, we announced that SynXis Concierge.AI
Used in pricing models and forecasting, synthetic data can fill gaps and speed up decision-making. But its easy to do and it could definitely cost your brand significant revenue.â Will AI Replace Usâor Just Drain Us? However, there are legitimate concerns with how AI is finding the data on which it makes its decisions. I dont know.
This tech upgrade aligns with a larger brand transformationâincluding brighter, more inviting store designs and a reimagined menu aimed at families and food lovers alike. By blending speed, convenience, and hospitality, the brand is building a future-ready experience for guests across the country.
Satisfying even the most scrutinised colour branding, the new series is impossible to ignore, bringing more engaging, immersive experiences to any space. Role Based Access Control (RBAC) that enables brands to confidently delegate responsibilities without compromising security or visibility. Thatâs what UrResort delivers.
WorldVue Compass is the latest feature of WorldVueâs Entertainment HUBâ¢, the industry-leading in-room entertainment solution that delivers a fully branded, customizable experience â without the need for rewiring. Operators can create visually appealing reports and guest correspondence that perfectly aligns with the brand.
Brands can no longer treat gen AI users as early adopters. 86% of travelers now want to shape their own experiences, with 93% of active gen AI saying this is important to the personal connection they feel with the brand. 42% would switch to a brand that could proactively suggest solutions to improve their experience in real-time.
At the close of the first quarter, China has 2,752 projects/490,897 rooms under construction, 316 projects/55,287 rooms are scheduled to start construction anytime within the next 12 months, while 636 projects/124,001 rooms are in the early planning stage. Shanghai follows with 131 projects/24,733 rooms.
This tech upgrade aligns with a larger brand transformationâincluding brighter, more inviting store designs and a reimagined menu aimed at families and food lovers alike. By blending speed, convenience, and hospitality, the brand is building a future-ready experience for guests across the country.
For the past two-and-a-half decades, Enseo has been a leading hospitality technology provider, consistently pioneering entertainment variety, promoting hotel branding on the screen, and connecting other in-room technologies for a more seamless experience. Hotel leaders should not rely solely on feedback forms or review sites.
Role Based Access Control (RBAC) that enables brands to confidently delegate responsibilities without compromising security or visibility. Leading brands adopting or expanding their use of OPERA Cloud include Absolute Hotel Service , Hyatt , Omni , Orascom Hotels Management , Rotana , and Sercotel.
AI-Driven Content Creation: Automatically generate compelling, on-brand content for emails, speaker bios, and event pages to streamline and scale event marketing efforts. It offers customizable daily cleaning boards organized by zones or room types, supports various clean types, and forecasts housekeeping needs based on reservations.
The partnership brings VoicePlugs advanced conversational AI solutions to flagship brands including Super Duper Burgers, with plans to extend across the entire Back of the House portfolio. The trial includes full platform access, onboarding, and live expert support. the acclaimed restaurant group founded by Adriano Paganini.
Here are a few key areas where they offer significant value: Revenue Management : Understanding the intricacies of demand forecasting, pricing strategies, and inventory control can significantly boost revenue. Improved Marketing and Brand Presence Marketing is a vital aspect of hospitality, but it’s also a fast-changing field.
Not even close to starting. From generating proposals in just a few clicks and automating contract follow-ups to managing room blocks, forecasting, and reportingDelphi helps your team work smarter at every stage of the sales process. Monday morning. Coffee in hand. Prospecting? Sound familiar? Its in working smarter.
WorldVue Compass is the latest feature of WorldVueâs Entertainment HUBâ¢, the industry-leading in-room entertainment solution that delivers a fully branded, customizable experience â without the need for rewiring. Operators can create visually appealing reports and guest correspondence that perfectly aligns with the brand.
WorldVue Compass is the latest feature of WorldVueâs Entertainment HUBâ¢, the industry-leading in-room entertainment solution that delivers a fully branded, customizable experience â without the need for rewiring. Operators can create visually appealing reports and guest correspondence that perfectly aligns with the brand.
His strategic leadership helped position the brand for long-term, sustainable growth. Earlier in his career, Cunningham held senior leadership roles at Dunkinâ and Inspire Brands , where he was instrumental in expanding the Dunkinâ and Baskin-Robbins footprint across the U.S. and Canada.
At the close of the first quarter, there are 872 projects/198,640 rooms under construction throughout the region, a 1% YOY increase in projects. Standout chain scale segments in the APEC region at the Q1 close include the upscale chain scale with a new record-high room total of 519 projects/103,815 rooms, up 9% by both projects and rooms YOY.
Together, the combined organization will serve more than 800 restaurant brands in 150,000+ locations and 100+ countries, representing 90% of the top 50 restaurant chains in the U.S. The transaction is subject to customary closing conditions. 6/9/2025 PAR Introduces Guest Engagement Cloud PAR Technology Corp.
With AI-driven tools and deep cross-product integration, PAR Engagement gives restaurant brands the control, intelligence, and speed they need to stay ahead. Digital engagement isnt new; most brands have done the basics, but today were entering a more competitive and more challenging time than ever. and Canada.
Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. The report also highlighted the continued growth in brand conversions at Q1, which reached a new record high of 1,421 projects with 136,668 rooms, growing 13% by projects and 16% by rooms YOY. growth rate.
Let's be honest and take a real close look at how the Indian hospitality industry is evolving at breakneck speed. Guests today aren't just looking for a place to stay—they're seeking experiences that resonate, services that anticipate their needs, and efficiency that makes their journey seamless.
At the close of the third quarter, there are 2,793 projects/505,106 rooms under construction in China, a cyclical peak, and up 5% by projects and rooms YOY. Brand conversion totals in China increased 12% YOY by projects and 20% YOY by rooms, with 174 hotels/29,893 rooms.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content