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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.
With a new focus on global market diversification, the three-year pipeline over 285 new hotels and almost 47,000 keys will see the addition of more than 100 properties in Asia, more than 60 in the Middle East and Africa, and 40 in Australia and New Zealand.
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.
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. Hotel Construction Pipeline appeared first on LODGING Magazine.
Accors luxury and lifestyle brands Sofitel, Sofitel Legend, MGallery and Emblems achieved record growth in 2024 with close to 90 hotels signed collectively. 2024 has been a milestone year for our brands, marking unprecedented development momentum, said Bailly.
Marriott International has marked another year of strong growth in the Asia Pacific excluding China (APEC) region, signing a record 109 deals across 11 markets, contributing 21,439 rooms to the region’s development pipeline, closing the year with 77,532 total rooms in the region’s year-end pipeline.
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).
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.
IHG Hotels and Resorts is set to bring its luxury InterContinental brand to South Australias celebrated wine country through a partnership with Strategic Alliance. Slated to open in 2028, InterContinental Barossa Resort and Spa will be the first international-branded luxury hotel in a South Australia wine region.
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).
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).
The brands current pipeline includes three under-construction hotels totalling over 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriotts global regions over the next decade. Europe, and Asia Pacific, including gateway cities like New York, London, Paris, and Rome.
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. Were thrilled to welcome John Halikos and the JH Group to our IHG community, as together we bring the Voco hotels brand to Darwin, he said.
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. These payments would not begin until the fourth year following closing.
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.
As seen in the Q1 2025 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) stands at 2,074 projects/408,213 rooms, representing a 3% year-over-year (YOY) increase in projects and a 1% YOY increase in rooms.
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.
IHG Hotels and Resorts is set to introduce its Voco hotel brand to the Sunshine Coast under an agreement with Sydney-based developer Felix Capital, as the region gears up for the arrival of the 2032 Olympic and Paralympic Games.
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.
Evolving guest preferences continue to shape our strategy in each of our markets, and our clear and distinct brand architecture featuring 10 unique brands are designed to be relevant to both owners as well as our guests. What SEAP markets are a key focus for Radisson Hotel Group and why?
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.
TFE Hotels has signed a multi-property management agreement with New Zealand’s Heritage Hotels, which will see half of the Heritage portfolio refurbished and rebranded under the Adina and Rendezvous brands.
Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. Im excited to join BWH Hotels and look forward to contributing to the growth of its brands across the region.
In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. construction pipeline at Q1. construction pipeline at Q1.
According to the Q2 2023 United States Construction Pipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel construction pipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. construction pipeline.
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. Brand conversion and renovation activity continues to be a significant focus in the lodging industry. In the Q1 2023 U.S.
A Hyatt affiliate has acquired the me and all hotels brand from Lindner Hotels AG (Lindner) to unlock growth in new European markets and build on Hyatt’s momentum in the region. The transaction closed on June 28. me and all hotels combine central locations, urban design, leading-edge technology and vibrant public spaces.
We continue to see success across our network, particularly with the Quest brand, which has remained resilient in the corporate travel market. Looking ahead, we have several exciting opportunities in the pipeline. Our properties are performing well, with solid occupancy and rate performance.
“It is also a reflection of the confidence our owners have in the success of our brands, as well as the trust our guests have in the experience they deliver.” “It is also a reflection of the confidence our owners have in the success of our brands, as well as the trust our guests have in the experience they deliver.”
Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. construction pipeline at the end of the first quarter. pipeline reached record highs of 362 projects and 70,603 rooms at Q1, up 10% by projects and 7% by rooms YOY. growth rate.
In the newly created dual role, Svensson will take charge of operations at W Melbourne whilst also having oversight of all of Marriott’s luxury properties in Australia, including under the The Ritz-Carlton and W Hotel brands. What are guests demanding? Marriott has been in the luxury and lifestyle hotel market for a long time.
As seen in the Q1 2025 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia-Pacific region, excluding China, (APEC) stands at 2,074 projects/408,213 rooms, representing a 3% year-over-year (YOY) increase in projects and a 1% YOY increase in rooms.
“With the property situated closely to the CBD and the waterfront, our guests will have the best of Hobart right at their doorstep.” We are excited to bring yet another new brand offering to Tasmania with the very first Hilton branded hotel [in the state], Koh said. “We
Hyatt Hotels Corporation has revealed a record pipeline of approximately 138,000 rooms as of year-end 2024, alongside a strategic brand realignment designed to enhance owner returns and accelerate growth. Im excited to lead the newly formed Lifestyle Group during this pivotal time of growth and value-focused evolution, said Lalvani.
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. Marriott International leads hotel franchise companies in Latin America’s construction pipeline with 105 projects/17,344 rooms.
The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. New locations Lyf is currently present in 21 cities globally, with over 5,500 units both operating and in the pipeline.
Apartment hotels brand Quest is set for a major expansion in China under a 50:50 joint venture partnership between Ascott China and Jin Jiang Hotels signed this week. Ascott’s international expertise in the operation of serviced residences will drive the development of TULIP LODJ into a high-quality apartment hotel brand.
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).
As the new Senior Vice President (SVP), Managing Director, Luxury and Lifestyle Americas (LLA), based in Atlanta, Harwood will be tasked with overseeing the daily operations of the LLA organisation, driving performance and operations of IHG’s six Luxury and Lifestyle brands and supporting growth in the region.
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.
Hotel Designs Marriott to debut two luxury brands in Vietnam Marriott to debut two luxury brands in Vietnam Marriott International will expand its luxury portfolio in Vietnam with the signings of JW Marriott, the Luxury Collection and Ritz-Carlton Reserve Resorts.
The hotel, housed in a 52-story, Art Deco building designed by famed architect IM Pei, had been closed since March 2020 at the onset of the pandemic, with renovations cited for the delay of the opening. Four Seasons Hotel New York in Midtown Manhattan has reopened. Rooms and suites range from 500 sq.
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. Across the globe, the top countries by project count are the U.S.,
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. The leading brands by project count for the three companies with the largest pipelines in the U.S.
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