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Part of a vertical dual-branded hotel concept, the 32-room Peppers Gladstone will sit under the same roof as the 60-room Mantra Gladstone. Construction has commenced on Peppers Gladstone, marking the first new hotel construction in the region in over a decade. “We
The 32-room Peppers hotel will operate under a dual-branded accommodation offering with the adjoining 60-room Mantra Gladstone, located at the home of the sports club. The expanded accommodation offering can now welcome over 150 guests, and has the facilities to host small to large-scale meetings, expos and weddings.
Under an agreement with property developers JQZ, a 279-room new build premium hotel will be introduced as part of a large-scale mixed-use development on Church Street in the CBD. The broader development will also include residential apartments, alongside retail and commercial tenancies, with construction already underway.
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. The post LE: Nearly half Europe’s pipeline currently under construction appeared first on hotelbusiness.com.
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).
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).
Full-scaleconstruction has commenced on the development of Radisson Blu Mirage Resort Fiji, scheduled to open in 2026, with the project now funded by both the Fiji National Provident Fund (FNPF) and BSP Financial Group (Fiji) Pte Limited (BSP).
The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands. This has, in turn, created enormous opportunity for hotel conversion.
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.
Located in Manhattans Financial District, the 287-room, luxury lifestyle hotel is affiliated with the Hyatt Thompson brand. This financing highlights Access Points ability to move decisively on hospitality transactions and portfolios of any size and chain scale, from luxury to midscale extended-stay and everything in between, said Michael I.
Planning approval has been granted to Melbourne property developer Capital Alliance for a AU$340 million dual hotel project involving two major TFE Hotels brands. Importantly, this project also prioritises sustainability, world-class lifestyle amenities and provides a premium setting for large scale Melbourne events.”
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. hotel construction pipeline.
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).
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?
is introducing new, value engineering prototypes for Comfort and Country Inn & Suites by Radisson that will provide more revenue driving spaces for owners within the same footprint and achieve a 10 to 15-per-cent reduction in construction costs. Choice Hotels International, Inc.
A solid digital marketing for construction companies plan helps to bring more clients into your business. Modern construction companies can’t afford to ignore the importance of digital marketing. With proper implementation of the right strategies , construction firms can thrive in the digital age.
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. At the close of the second quarter, there are 1,171 projects comprising 147,611 rooms under construction, marking a 10% increase in projects and a 4% increase in rooms YOY.
The concept of what makes a luxury brand an attractive option worth buying into is undergoing a massive mind shift. This younger group of would-be spenders are developing a different approach to the idea of what a luxury brand should entail compared to the older generations of consumers. What can luxury brands do?
Highlights for the year included opening three newly constructed hotels totaling 435 rooms, as well as completing approximately $15.3 million in renovations across four of our Marriott-branded hotels. Additionally, the company has begun selectively seeking strategic partnerships with other hotel ownership groups.
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. with 2,175 projects/219,005 rooms.
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.
Construction marketing is a must, as digital marketing resource WebFX reports that seven million people per month will use Google to search for contractors. What is marketing for construction companies? Marketing services can assist construction businesses in achieving their goals. What Is Construction Marketing?
Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. The widespread distribution of these projects across numerous markets, coupled with the strong presence of established brands, suggests a confident outlook for the hospitality industry. Lodging Econometrics’ (LE) Q2 2024 U.S.
Hotel construction in the U.S. hit new historic levels in the fourth quarter of 2024, according to Lodging Econometrics (LEs) latest Hotel Construction Pipeline Trend Report. Projects currently under construction stand at 1,149 totalling 142,238 rooms, reflecting a healthy increase in projects YOY. PORTSMOUTH, N.H. The post U.S.
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 construction pipeline, 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.
Veriu Collingwood is part of a mixed-use development with 95 studio apartments operating under the Veriu brand and 45 Built to Sell luxury residential apartments above us, which Tim Gurner has developed under the Atelier brand. But in terms of the cost of construction, it doesn’t help to solve that at all.
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.
BWH Hotels is taking its boutique lifestyle brand Aiden to Western Australia with the signing of a new 120-room hotel in West Perth. It’s the second Aiden hotel to open in Australia, following the launch of Aiden Darling Harbour in 2022, and the signing comes at a time of rapid international growth for the brand.
In the Q3 2023 China Construction Pipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total construction pipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY).
These factors combined with limited land availability, labour shortages and rising material expenses have increased construction costs especially across major tourist hubs in New South Wales and Victoria. Independent hotels are also increasingly turning to brands, driven by market dynamics and guest preferences.
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.
A strong hotel brand is the cornerstone of enduring success. In fact, a strong brand can increase revenue by up to 23%. Investing in hotel branding is a strategic decision that can yield substantial returns. A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and market share.
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).
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 per cent for both projects and rooms year-over-year (YOY).
According to the Q3 2024 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that the region’s total pipeline stands at 1,645 projects/244,548 rooms. Projects scheduled to start construction in the next 12 months account for 399 projects/57,828 rooms, making up 24% of both projects and rooms.
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.
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. hotel development in the year ahead.
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.
. — 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.
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.
This has created significant pressure on owners of B and C grade office buildings in most states and territories, who are struggling to compete against newly constructed A-grade office buildings with modern facilities and tenant amenities. “As
Power study revealed guests who experienced better-than-expected sleep reported satisfaction scores 114 points higher (on a 1,000-point scale) than those with average sleep experiences. Hotels should also consider the impact of on-property renovations or nearby construction projects and how that may impact air quality. In fact, a J.D.
“The pandemic and the recovery have put an exclamation point on the longer-term stay category, recognizing that it has always done well during ups and downs of economic times,” says Eric Jacobs, Chief Development Officer, Midscale Brands, Marriott International. The 124-key brand built on a 1.6-acre For the U.S.
“We’re excited to introduce these new leaders who will enable our business to scale and deliver the best possible experience for our owners and guests. He has worked with brands like Ritz-Carlton, Marriott and Hilton, as well as with large family-owned businesses such as Southern Glazer’s Wine and Spirits.
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