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Now the fastest growing brand within IHG’s Premium collection, Voco has experienced record development activity with properties in over 25 countries and a further 95 properties in the pipeline, with market entries in Türkiye, Malaysia and Jamaica expected over the next two years.
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.
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.
Its 114 guest rooms will be upgraded, and much-loved Holiday Inn brand hallmarks embedded throughout, including its signature Open Lobby concept. ANA Holiday Inn Iwate Kitakami will join a strong portfolio of 12 Holiday Inn open and pipeline hotels across Japan, further solidifying the brands presence in the country.
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.
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).
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.
The company also announced that it has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial purchase consideration of approximately $116 million. IHG expects to expand the brand globally, including the Americas. RevPAR up 1.7% for the year, accelerating from 0.6% in the first half to 2.6%
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.
PHOENIX, Arizona—BWH Hotels is expanding current offerings in the Latin American region through a series of new development projects in the pipeline. With properties all over the world, there are 19 brands across every chain scale segment, from economy to luxury, allowing BWH Hotels to impact the hospitality sector in Latin America.
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?
Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. The top three chain scales by total projects at the end of Q1 are upscale at 1,443 projects/179,295 rooms, upper-midscale at 2,338 projects/226,349 rooms and midscale at 974 projects/82,094 rooms.
In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. construction pipeline at Q1. This is the fourth consecutive quarter of total pipeline growth for the U.S., Renovation and brand conversion activity in the U.S.
Marriott International has announced the global launch of its new collection brand for the midscale and upscale lodging segments, Series by Marriott, as the company continues to expand its lodging offerings around the world.
Budget reductions on this scale, with just $15.5m available over the next three financial years, will significantly restrict the brand campaigns Visit Victoria is able to activate with airline and accommodation partners, as we enter the slower off-peak winter season of trade.” “Budget reductions on this scale, with just $15.5m
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.
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. Hyatt’s pipeline includes 1,000 me and all hotel rooms, with additional development deals in various stages of negotiation for destinations outside of Germany.
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.
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 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.
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.
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. Sixty-four percent of the projects in the extended-stay pipeline are in the middle tier of brands. As seen in the Q2 2024 U.S. growth, respectively.
During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”
excluding the Ruby brand acquisition, compared to 17.7K in the same quarter last year; global pipeline of 334K rooms (2,265 hotels), +9.4% year-on-year increase in our pipeline. rooms across 30 hotels from our acquisition in February of premium urban lifestyle brand, Ruby. and occupancy +0.6% YOY, +1.5% YTD; opened 14.6K
Coinciding with the brand’s 60th anniversary this year, the refurbishment is part of an ambitious global project to renew Sofitel. The brand recently unveiled new brand partnerships such as French Bloom and Courbet, a new brand campaign, and new brand ambassadors – Gilian Anderson and Dali Benssalah. “We
year-over-year, outperforming the chain scales in which the company competes by 60 bps. compared to March 31, 2024, and the segment’s pipeline reached to more than 40,000 rooms as of March 31, 2025. and 7.1%, respectively, compared to the same period of 2024, outperforming their respective chain scales by 30 bps and 440 bps.
Hotel renovation and conversion pipeline activity, at the end of the fourth quarter of 2022, is at the highest totals Lodging Econometrics (LE) has ever recorded. Renovations and conversions account for more projects and rooms than those that are currently in the under construction stage of the new 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.
Harman brings over 20 years of industry experience to the role, having worked in senior management roles across luxury hotel brands in Malaysia, Singapore, New Zealand and Australia. “We Titus Rosier, W Sydney “W has always stood out from other brands,” said Rosier. I am delighted to welcome Tomo to our resort team.
hit new historic levels in the fourth quarter of 2024, according to Lodging Econometrics (LEs) latest Hotel Construction Pipeline Trend Report. The total pipeline reached 6,378 projects, a new record with 746,986 rooms, showing year-over-year (YOY) growth of seven per cent in projects and eight per cent in rooms. The post U.S.
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. The details can be seen directly within the stages of the pipeline, which all saw YOY growth in Q1. Renovation and brand-conversion activities in the U.S.
“In 2024, we also successfully relaunched four brands, substantially expanded our partnerships business, significantly increased our international footprint, achieved record organic rewards program growth and unlocked new value through additional ancillary revenue opportunities. . Global pipeline as of Dec. Repurchased 3.1
As seen in the Q3 2024 Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , the hotel construction pipeline in the region shows upward momentum, standing at 610 projects/149,686 rooms, up 4% by projects and 7% by rooms year-over-year (YOY).
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.
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. Analysts at LE report that the upper-midscale chain scale has the largest project count of all chain scales in the total 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. Over 65% of the projects in Charlotte are upscale and upper-midscale brands. markets by project counts. supply growth rate by 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. Another 35 hotels/6,230 rooms are in the renovation and conversion pipeline.
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).
Hyatt Hotels Corporation has launched Hyatt Select, a new upper-midscale transient brand. The brand will complement Hyatt Studios, Hyatts extended-stay brand in the category, which marked the opening of its first property, Hyatt Studios Mobile/Tillmans Corner, on Feb.
In the Q3 2024 China Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total hotel construction pipeline reached a record-high project count of 3,853 projects with 703,312 rooms, up 4% by projects and 3% by rooms year-over-year (YOY).
Knowing how to strategize and market your brand will give you an edge over your competition and boost business. Marketing strategies for financial advisors can be the key to increasing your brand visibility and attracting the right prospects at the right time. With over 241,225 financial advisors currently employed in the U.S.,
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. Combined, these three chain scales account for 57% of the projects and 60% of the rooms in Europe’s total construction pipeline.
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. Continuing to top the construction pipeline in the U.A.E. is Dubai, with 79 projects/23,542 rooms.
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