Branding Construction Forecasting Operations 
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.
Hotel Management
MARCH 14, 2024
“One of the key trends we’ve seen because of the pandemic is a shift in operator and brand loyalty. While investment activity in New Zealand’s hotel sector has historically been heavily weighted to domestic and local capital, JLL forecasts offshore investor interest in New Zealand will continue to grow.
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Hotel Business
MAY 2, 2023
Roughly 200,000 rooms in the pipeline were under construction as of the end of the first quarter. First-quarter results Marriott’s reported operating income totaled $951 million in the 2023 first quarter, compared to 2022 first-quarter reported operating income of $558 million. Reported diluted EPS totaled $2.43
Hotel Business
MAY 1, 2024
More than 202,000 rooms in the pipeline were under construction as of the end of the quarter; “In February we celebrated the fifth anniversary of Marriott Bonvoy, our powerful, award-winning travel and loyalty program,” Capuano said. We have seen outstanding initial booking pace and loyalty point redemptions across the collection.
Hotel Business
FEBRUARY 14, 2023
Approximately 199,000 rooms in the pipeline were under construction as of the end of 2022 “In our largest region, the U.S. & He added, “Owners and franchisees continue to show a strong preference for our brands. We were pleased to see nearly 40% of those rooms in high-value luxury and premium brands.
Hotel Business
AUGUST 21, 2023
The strongest RevPAR increases were in the LS upscale-upper midscale and soft brand (SB) upper-upscale class. hotels Luxury boutique hotels stabilize in rate growth 29% annual supply increase projected for branded boutiques through 2027 Operating performance Boutique hotel supply was approaching 135,000 rooms at mid-year 2023.
Hotel Business
JUNE 22, 2023
Sean Hennessey, associate professor, NYU SPS Tisch Center of Hospitality, and a contributor to the report, added, “Although recessionary fears and unfavorable interest rates may dampen transaction activity, survey respondents remained confident that the improving operational trends will sustain the lodging sector’s trend of profit improvement.”
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