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In the recently released United States ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the constructionpipeline at the close of the first quarter. Hotel ConstructionPipeline appeared first on LODGING Magazine.
According to the Q4 2024 Canada ConstructionPipeline Trend Report by Lodging Econometrics (LE) , Canadas total constructionpipeline 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 ConstructionPipeline 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.
Hotel ConstructionPipeline 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 constructionpipelines 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).
announced three hotel openings for its Everhome Suites brand in Huntsville, Alabama; Chandler, Arizona; and Temecula, California. Everhome Suites is on track to have 25 hotels open by the end of the year, with 20 currently under construction. Overall, the Everhome Suites brand has over 65 hotels in the pipeline.
NORTH BETHESDA, MarylandEverhome Suites, the midscale extended stay brand fromChoice Hotels International, Inc., Choice Hotels now has 14 Everhome Suites open, 19 under construction, and more than 60 in the pipeline. The brand is on track to have nearly 25 hotels open by the end of the year.
percent of rooms currently under construction represent chains. Currently, there are 760,000 hotel rooms in various stages of planning, final planning, or construction, […] The post Inside the Current Pipeline: Chains Represent 80 Percent of U.S. Hotel Construction appeared first on LODGING Magazine. room supply.
InterContinental Hotels Group (IHG) has acquired premium urban lifestyle brand, Ruby, for 110.5 Established in 2013, the Ruby brand 20 th brand in the IHG portfolio currently operates 20 hotels (3,483 rooms) in major cities across Europe and has another 10 pipeline hotels (2,235 rooms).
The Q1 2025 Hotel ConstructionPipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals that at the close of Q1, the hotel constructionpipeline in the region increased to 634 projects/158,656 rooms, up 4% by projects and 10% by rooms year-over-year (YOY).
ConstructionPipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel constructionpipeline 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.
According to the latest China ConstructionPipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel constructionpipeline 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).
According to the Q2 2023 United States ConstructionPipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel constructionpipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. constructionpipeline.
ATLANTA—Hilton announced the opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the Signia by Hilton brand. Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands.
Conrad Los Cabos will mark the brands debut in the Baja California peninsula, where Hilton currently welcomes guests across eight properties. Hiltons continued growth in Mexico builds on its momentum in the Caribbean and Latin America region, where the company has more than 270 open hotels and a robust pipeline of 135 hotels.
ConstructionPipeline Trend Report released by Lodging Econometrics (LE) , LE analysts report that as a group, year-over-year the hotel constructionpipeline has grown in the top 25 markets in the U.S. Dallas has 25 projects/3,739 rooms, while Phoenix has 24 projects/5,155 rooms projects presently under construction.
In the latest United States ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts report that constructionpipeline 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.
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.
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. .
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 constructionpipeline grew 26% Year-Over-Year (YOY) by rooms.
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?
BWH Hotels is tapping into demand from price-conscious travellers with the signing of three new economy hotels, under SureStay Hotels branding, in Australasia. The brand has experience rapid growth across key markets globally, with BWH reporting that there are over 450 current properties accounting for 30,000+ rooms within the portfolio.
Hotel construction in the U.S. hit new historic levels in the fourth quarter of 2024, according to Lodging Econometrics (LEs) latest Hotel ConstructionPipeline Trend Report. hotel pipeline shows robust activity across all project stages. ConstructionPipeline Continues to Rise appeared first on Hotelier Magazine.
The Q1 2024 LE Market Trend Report for the market highlights that Charlotte has a total of 67 hotel projects and 7,772 rooms in the constructionpipeline, positioning it 15th among the top 25 U.S. Within the Charlotte market, at the close of the first quarter, hotels under construction stand at 11 projects/1,435 rooms.
Wyndham Hotels & Resorts reported its second quarter results, including growing its development pipeline by 7% and system size by 4% in the period. Development pipeline grew 1% sequentially and 7% year-over-year to a record 245,000 rooms. economy brands. which represented an increase of 33% year-over-year.
Hilton also strengthened its development pipeline, signing more than 1,430 hotels representing 154,000 rooms in 2024. The companys pipeline now stands at roughly 3,600 hotels totalling more than 498,500 rooms, a year-over-year increase of 8% in pipeline rooms.
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. Construction is now underway, with an expected opening in the Fall of 2026. Vision Hospitality Group Inc. ,
ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the constructionpipeline 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.
In the Q2 ‘23 Global ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts state that the total global constructionpipeline stands at 14,572 projects/2,310,238 rooms, up 3% year-over-year (YOY) by projects and 1% YOY by rooms. Following distantly is India with 480 projects/57,161 rooms, the U.K.
The brand now has 10 properties open across the country and is on track to have 25 hotels open by the end of the year, with 20 currently under construction. Overall, Everhome Suites has more than 65 hotels in the pipeline. Across its four extended-stay brands, Choice has 515 hotels open and nearly 400 in the pipeline.
In the Q3 2022 Latin America ConstructionPipeline Trend Report from Lodging Econometrics (LE) , analysts report the total constructionpipeline stands at 548 projects/90,728 rooms, down 5% by projects and 12% by rooms, year-over-year (YOY). Brazil follows with 92 projects/15,420 rooms.
According to the latest Europe Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the first quarter, the country’s hotel constructionpipeline stands at 1,776 projects/266,901 rooms.
According to the Q3 2024 Europe Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts report that the region’s total pipeline stands at 1,645 projects/244,548 rooms. Combined, hotel renovations and brand conversions total 637 projects/81,526 rooms.
According to the most recent ConstructionPipeline Trend Report for the U.S. constructionpipeline 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.
Over the last 12 months, new hotel construction projects, announced renovations and brand conversions continued to grow, with renovation and conversion activity hitting record highs quarter-over-quarter (QOQ). Renovation and brand conversion activity in the U.S. This activity is showing no signs of slowing.
Lodging Econometrics (LE) reports that both Canada and Latin America saw growth in their respective hotel constructionpipelines for 2022. At year-end 2022, projects presently under construction in Canada stand at 52 projects/6,593 rooms. Canada had 29 new hotels, accounting for 3,213 rooms open in 2022. room supply increase.
Drury Hotels ‘ newest property, Drury Plaza Hotel North Charleston, is now under construction. With 252 guestrooms, it will be the brand’s second hotel in South Carolina and the seventh across the Carolinas. The post Drury Hotels begins construction on Charleston hotel appeared first on hotelbusiness.com.
To accommodate demand, cities like Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, Miami, New Orleans, New York City, Orlando and San Diego have an abundance of new hotel construction, renovation and brand conversion activity underway. Through Q3 2023, New York also has the most new construction starts of any market in the U.S.
With this opening, the company has four Everhome Suites open, over 60 in development, 20 under construction, and more than 10 are expected to open within the next year. In the category, Choice has more than 400 properties in the pipeline across its four extended-stay brands, as of the first quarter of 2024.
According to the Q2 2023 Latin America Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), the region’s total constructionpipeline includes 552 projects/88,477 rooms. Twenty-seven projects accounting for 3,796 rooms started construction in Q2.
In the Q3 2023 China ConstructionPipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total constructionpipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY).
According to the latest China ConstructionPipeline Trend Report from Lodging Econometrics (LE), China’s total hotel constructionpipeline 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).
Swinerton has been chosen as the general contractor for the construction of the Chambray Hotel, a five-story property in Roswell, GA. The hotel, which will be part of the JdV by Hyatt soft brand, is being developed by a joint venture between DSM Real Estate Partners and Garage Cap. The Chambray Hotel will feature 125 rooms.
The company’s development pipeline consists of nearly 2,000 hotels and approximately 243,000 rooms, an all-time record for the latter. Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8% increase. and growth of 14% internationally.
According to the Q1 2023 ConstructionPipeline Trend Report for the Middle East from Lodging Econometrics (LE) , the hotel constructionpipeline 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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