Remove Closing Remove Forecasting Remove Hotels
article thumbnail

U.S. hotel construction pipeline hits 749K rooms at Q1 2025 close

Hotel Business

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.

article thumbnail

CBRE: U.S. hotel performance impacted by moderate summer demand

Hotel Business

hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE ’s latest forecast. CBRE now forecasts a 0.5% CBRE now forecasts a 0.5% In Q3 2024, hotel demand declined 0.1% These trends are forecasted to strengthen the fundamentals of the U.S. leisure demand.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Aptech unveils TVNG budgeting and forecasting tool

Hotel Business

Aptech has launched TVNG, its next-generation budgeting and forecasting solution for hotels. Purpose-built for hotels, TVNG provides property finance teams with a complete set of tools, controls and built-in reports, with the ability to integrate with Excel for custom data crunching.

article thumbnail

LE: Dallas leads construction pipeline in Q1

Hotel 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).

article thumbnail

LE: Nearly half Europe’s pipeline currently under construction

Hotel Business

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. LE analysts forecast a total of 355 new hotels/47,549 rooms to open by year-end 2025.

article thumbnail

LE: Dallas leads nation’s hotel construction boom

Hotel Business

markets stand out for their active under-construction hotel projects. Dallas also tops the list of markets with the most hotel projects in the early planning stage at Q3, with 91 projects that will add 10,652 rooms. According to LE analysts, 408 new hotels with 48,258 rooms opened in the U.S. According to the Q3 2024 U.S.

article thumbnail

LE: Record number of projects in U.S. construction pipeline

Hotel Business

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. Through the third quarter, 408 new hotels with 48,258 rooms opened in the U.S.

Pipeline 105