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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.
Skift Take: The founder of Mews said late last year that there were more acquisitions in the pipeline. Here's the first since then, with no signs that it will be the last. Justin Dawes Read the Complete Story On Skift
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.
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).
It's a simple, frustrating truth that you can't predict everything when it comes to recruiting for businesses. It's important to also invest in building a passive candidate pipeline. However, it's not efficient or cost-effective to be in the active recruitment mode all the time.
The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).
According to the recent Construction Pipeline Trend Report by Lodging Econometrics (LE) , the Asia Pacific, excluding China (APEC), hotel construction pipeline hit an all-time high at the Q4 2024 close, climbing 5% year-over-year (YOY) to reach record counts of 2,085 projects/412,358 rooms.
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.
Those implementing a B2B sales and marketing intelligence solution reported that they have realized 35% more leads in their pipeline and 45% higher-quality leads leading to higher revenue and growth. However, organizations are fighting back - and winning.
HENDERSONVILLE, Tennessee—Upper-upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in the segment points to confidence in the future of business travel, according to STR.
The 377-room luxury hotel, located in the heart of the citys entertainment, dining, shopping, and business precincts, features 20 conference and meeting rooms, two food and beverage venues, a business lounge, tennis court, gym and swimming pool. Hilton said Adelaide continues to be an important market for the business.
Hotel Construction Pipeline 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 construction pipelines 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).
Construction Pipeline Trend Report from Lodging Econometrics (LE) has revealed that Dallas is leading the nation’s hotel construction pipeline with a record-breaking 204 projects totaling 23,669 rooms. The post LE: Dallas pipeline tops 200 projects appeared first on hotelbusiness.com. The latest U.S.
The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) shows the country’s total pipeline has reached new all-time-high project and room totals at Q1 2025, with 341 projects accounting for 47,426 rooms. Five new hotels with 518 rooms opened in Canada during the first quarter.
The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) has revealed that the global hotel construction pipeline continues its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4% increase in projects and a 3% increase in rooms year-over-year (YOY).
Upper-upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in the segment points to confidence in the future of business travel, according to STR. The upper tier of select-service also caters to the business traveler.”
Days Inn has averaged double-digit net room growth in China over the last five years, contributing to a 14% increase in Wyndham’s overall direct franchising business over the same period. The brand’s pipeline in China has expanded 25% year-over-year through the end of the first quarter.
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. Shanghai follows with 131 projects/24,733 rooms.
Booked, Busy, and AI-Ready: The New Playbook for Hotel Group […] The post Lead Drought Got You Parched? Here’s How We Refill the Hotel Sales Pipeline appeared first on Lure Agency.
Australia’s hotel sector is set to see a boom in business thanks to new international flight routes, with CBRE anticipating demand for up to 1.9 million room nights annually by the end of 2026. by the end of next year. “As
Over 40 per cent of the pipeline is in international destinations, and upcoming debuts are planned for Trkiye; Northern Ireland, United Kingdom; and Umbria, Italy. The pipeline continues into Q3 with La Rosetta Hotel Perugia, Tapestry Collection by Hilton. Additionally, 60 hotels and counting are slated for development beyond 2025.
The grand entrance at the newly refurbished Sofitel Sydney Wentworth Sofitel, Sofitel Legend, MGallery, and Emblems CEO, Maud Bailly, said Frasers appointment comes at a pivotal time for the business in this region.
Neeraj Chadha, Marriott International Tell us a bit about Marriott International’s Fiji portfolio to date and any pipeline properties. Pipeline properties: stay tuned.
The AC Hotels brand portfolio currently includes 235 open properties globally with over 170 in the pipeline. Catering to both business and leisure travellers, the brand aims to deliver “elegant, purposeful” design with flexible spaces and signature moments in the guest experience.
Our growth strategy is asset-right, across leased, franchised and managed business models and we’ve also been seeing more opportunities for conversion projects. The Group will also continue to accelerate the growth of its upper upscale Radisson Blu brand with new properties in the pipeline for Colombo, Sri Lanka and Hoi An, Vietnam.
Conroy joins the business from KKR’s global consulting business Environmental Resource Management (ERM), where he spent the last four years in senior acquisitions roles. During this time, he led the acquisition of more than 20 diversely scaled businesses.
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 87-key Voco Darwin Suites, which is set to open late this year, will see the conversion of a commercial office building at 87 Mitchell Street in the heart of Darwins Central Business District. The broader IHG portfolio now includes 69 hotels in Australasia, with another 26 properties in its development pipeline.
BWH Hotels hires Senior Business Development Executive BWH Hotels Australasia has appointed Dean Bagley to the role of Senior Business Development Executive. His proven track record in business development and leadership will be key in driving our growth in the APAC region.
Construction Pipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel construction pipeline 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.
The pipeline also includes Hotel Alexandra, Vignette Collection, which has been signed together with Molo Hotel Group and expected to open in the first half of 2025. There are a further seven properties in the pipeline, all but one of which are in the luxury and lifestyle space.
Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. Dallas looks set to maintain its momentum; leading both projects scheduled to start in the next 12 months and early planning stages of the hotel construction pipeline. In the ever-changing landscape of the U.S.
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., There are no growth spikes expected this year.
Construction Pipeline Trend Report released by Lodging Econometrics (LE) , LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the top 25 markets in the U.S. pipeline rose 20% by projects and 30% by rooms YOY. In the Q1 2023 U.S. The top five U.S. The post LE: Combined top 25 U.S.
Our focus will be on innovating and personalising each touchpoint, exceeding expectations and creating exceptional value for our loyal members, hotels, business partners and team members.” We are excited to see him step into this next chapter to drive further excellence across our business.”
In an industry where follow-ups make or break bookings and where client experience isnt just a buzzword but the whole business model, the tools you use matter. The Problem with a One-Size-Fits-All Software If youve ever tried to make a general CRM work for a hospitality business, you know the drill. Manual workarounds.
However, we’re now seeing encouraging signs of recovery, with business bookings picking up as we move into the latter half of the year. This success is a testament to the hard work of our Quest franchisees and the strength of our business model. Looking ahead, we have several exciting opportunities in the pipeline.
“Balancing a desired location and outstanding aspect, with convenient accessibility to a myriad of diverse recreational activities, we expect Holiday Inn and Suites Caloundra Sunshine Coast to be a popular destination for leisure and business travellers alike, particularly with families,” Burke added.
The Duetto Outlook & Trends 2024 Survey has shown that: Groups Business Optimization More than half (51.8 percent) of respondents said their primary objective when managing group business in 2024 is increasing revenue by optimizing their pricing strategies across group and transient business.
“With such great access to public transport, incredible retail amenities and health and research services right here on our doorstep, this lifestyle hotel will cater to business and leisure travellers as well as longer stay hospital guests.”
Jaipurs rich cultural heritage, vibrant tourism sector and growing significance as a thriving business hub makes it the perfect backdrop for Signia by Hilton, as we continue to diversify and accelerate our presence in India. The post Signia by Hilton set for Asia Pacific debut in Jaipur, India appeared first on Hotel Management.
At the end of December 2023, the Group had a hotel portfolio of 821,518 rooms (5,584 hotels) and a pipeline of 225,000 rooms (1,315 hotels). The Middle East, Africa and Asia-Pacific region reported a 19% increase in RevPAR compared with Q4 2022, boosted by a “considerable rebound” in business in Asia. in the last 12 months.
“TFE Hotels is an owner, manager and developer and we see their impressive presence in multiple markets – which includes more than 50 properties in Australia, a strong pipeline of properties and ties to Singapore and Europe – as complementary to our vision for the future,” said Heritage Hotels’ Managing Director, Jeffrey Tang.
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