Hotel Business

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. construction pipeline at Q1.

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Hotel Business

AUGUST 21, 2023

As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. Projects in the under-construction stage in China rose slightly year-over-year (YOY), closing the quarter at 2,655 projects/478,703 rooms.

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Hotel Business

MAY 2, 2023

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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Hotelier Magazine

JULY 31, 2023

. — 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 seven per cent year-over-year (YOY) and rooms up six per cent YOY. construction pipeline.

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Hotel Business

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

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Hotel Business

MAY 23, 2023

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms. The top countries in the Europe construction pipeline by project count are led by the U.K.

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Hotel Business

OCTOBER 26, 2023

According to the most recent Construction Pipeline Trend Report for the U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% year-over-year (YOY) by projects and rooms. At the close of the third quarter, there are 1,063 projects/140,331 rooms under construction, up 8% by projects and 4% by rooms YOY.

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Hotel Business

JANUARY 22, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stands at 5,964 projects/693,963 rooms. At the close of 2023’s fourth quarter, there are 1,118 projects/141,768 rooms under construction, up 11% by projects and 5% by rooms YOY. According to the 2023 year-end U.S. to increase 1.4% The post U.S.

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Hotelier Magazine

MAY 11, 2023

At the close of Q1 2023, Canada’s hotel-construction pipeline stands at 283 projects/37,683 rooms. Canada’s total construction pipeline increased 10 per cent by projects and five per cent by rooms YOY, according to the Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE). PORTSMOUTH, N.H. —

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Hotel Business

AUGUST 3, 2023

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. were branded Hilton, Marriott or IHG. growth rate, and Hilton is forecast to open 139 new hotels/14,780 rooms in 2025, for a 1.8%

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Hotel Business

FEBRUARY 2, 2023

Lodging Econometrics (LE) reports that both Canada and Latin America saw growth in their respective hotel construction pipelines for 2022. At year-end 2022, projects presently under construction in Canada stand at 52 projects/6,593 rooms. LE analysts forecast another 1.1% room supply increase. room supply increase.

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Hotel Business

NOVEMBER 14, 2022

In the Q3 2022 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 548 projects/90,728 rooms, down 5% by projects and 12% by rooms, year-over-year (YOY). These five cities account for 21% of the rooms in the region’s total construction pipeline.

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Hotel Business

MAY 15, 2023

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY).

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Hotel Business

MAY 11, 2023

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. Of the 546 projects/90,193 rooms, 226 projects/40,034 rooms are under construction throughout Latin America.

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Hotelier Magazine

AUGUST 10, 2023

The total construction pipeline in Canada continued to expand at the close of Q2 with 275 projects/37,359 rooms, up five per cent by projects and rooms year-over-year (YOY), according to the Canada Construction Pipeline Trend Report from Lodging Econometrics (LE). PARSIPPANY, N.J. — per cent and 1.2-per-cent

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Hotel Business

MAY 24, 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). These trends continue to show developer enthusiasm in the region.

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Hotel Business

NOVEMBER 17, 2022

According to the recent Q3 2022 close of the Construction Pipeline Trend Report for the Asia-Pacific region from Lodging Econometrics (LE) , Asia-Pacific’s total construction pipeline, excluding China, stands at 1,881 projects/401,545 rooms, up 7% by projects and 5% by rooms Year-Over-Year (YOY).

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Hotel Business

FEBRUARY 15, 2023

In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stood at 1,711 projects/260,911 rooms. Through the fourth quarter of 2022, 373 new hotels with 55,647 rooms opened in Europe.

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Hotel Business

MAY 17, 2023

As seen in Lodging Econometrics’ (LE) most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline. LE is expecting to see hotel openings uptick in the second half of 2023 into 2024.

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Hotel Business

JANUARY 23, 2023

In the most recent Construction Pipeline Trend Report for the U.S. construction pipeline stood at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms year-over-year (YOY). In Q4, all stages of hotel construction in the U.S. construction pipeline at year-end ’22 appeared first on hotelbusiness.com.

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Hotel Business

APRIL 24, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. Presently, there are 1,144 projects comprising 141,336 rooms under construction, marking a 9% increase in projects and a 1% increase in rooms YOY.

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Hotel Business

AUGUST 24, 2023

In the Q2 2023 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the region currently has 1,715 projects/256,578 rooms in its construction pipeline at the close of the quarter. There are currently 776 projects/118,400 rooms under construction. The post LE: U.K.,

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Hotel Management

MAY 1, 2023

The Ascott Limited is set to open two new properties in Sydney’s CBD and Melbourne’s outer north suburb of Epping under the lyf and Oakwood brands respectively. Serviced apartment brand Oakwood will launch its third Australian property in Epping with a 94-key mixed-use development at the corner of Fullarton Drive and Cooper St.

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Hotel Business

AUGUST 23, 2023

In the Q2 2023 Asia-Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts state that the region is at an all-time project high of 1,936 with 401,766 rooms in the total pipeline at the close of the quarter. Projects under construction stand at 944 projects/215,775 rooms.

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Hotelier Magazine

NOVEMBER 2, 2023

In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up five per cent by projects and eight per cent by rooms year-over-year (YOY). LE analysts forecast a 1.2-per-cent

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Hotel Business

NOVEMBER 17, 2022

In 2022 alone, three new extended-stay brands were announced: Extended Stay America Premier Suites, ECHO Suites by Wyndham and Home by BWH. Since 2017, nine new extended-stay brands have launched. From Q3 ’21 to Q3 ’22, the extended stay new construction pipeline grew 26% Year-Over-Year (YOY) by rooms.

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Hotel Business

NOVEMBER 16, 2022

In the recent China Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that China’s total hotel construction pipeline at the close of the third quarter stands at 3,604 projects/684,288 rooms, up 1% by projects and unchanged by rooms year-over-year (YOY).

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Boutique Hotel News

NOVEMBER 24, 2022

The Europe Hotel Construction Pipeline Trend Report found that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,600 projects of 258,476 rooms. There are 790 projects currently under construction, and in the next 12 months a further 408 are planning to get underway.

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Hotelier Magazine

SEPTEMBER 5, 2023

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, up three per cent year-over-year (YOY) by projects and one per cent YOY by rooms. PORTSMOUTH, N.H. — three are in China and one is in Saudi Arabia.

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Hotel Business

OCTOBER 31, 2023

In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE) , analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up 5% by projects and 8% by rooms year-over-year (YOY). LE analysts forecast a 1.2% room supply increase. room supply increase.

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Hotel Business

FEBRUARY 22, 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. At Q4, there are 309 projects/83,308 rooms under construction, up 2% YOY by projects.

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Hotel Business

FEBRUARY 15, 2024

hotel construction pipeline reached its highest level for projects with 5,964 projects and 693,963 rooms. The extended-stay under-construction phase exhibited significant year-over-year (YOY) expansion, escalating by 40% in projects and 37% in rooms, culminating in 396 projects and 41,257 rooms at the close of Q4 ’23.

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Hotel Business

FEBRUARY 16, 2023

Renovations and conversions account for more projects and rooms than those that are currently in the under construction stage of the new construction pipeline. At the end of Q4 ’22, there were a total of 1,008 projects/135,492 rooms under construction in the U.S. for new construction as well.

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Hotel Business

FEBRUARY 9, 2023

In the recently released China Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that the country’s total hotel construction pipeline, at the close of the fourth quarter, stands at 3,581 projects/675,074 rooms. Throughout 2022, there were 469 new hotels that opened in China.

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Hotel Business

NOVEMBER 28, 2022

According to the Q3 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, the hotel construction pipeline in the region stands at 535 projects/134,897 rooms. At the close of the third quarter, projects presently under construction stand at 320 projects/87,149 rooms.

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Hotel Business

FEBRUARY 28, 2023

According to the Lodging Econometrics (LE) year-end 2022 Global Construction Pipeline Trend Report, the total global construction pipeline stood at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms. The top countries for new hotel construction by project count at Q4 2022 were led by the U.S.

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Hotel Business

FEBRUARY 8, 2023

According to the Q4 2022 Construction Pipeline Trend Report for the Asia-Pacific region, excluding China, from Lodging Econometrics (LE), the region’s total construction pipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms year-over-year (YOY).

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