This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
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.
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).
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.
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.
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.
TORONTO Canadas hotel investment market saw significant growth in 2024, with total transaction volume reaching $2 billion, a 16 per cent year-over-year increase, according to Colliers INNvestment Canada Hotel Report Q4 2024. ADR growth is forecasted at 1.7 million, and the Best Western Plus Ottawa Kanata, which traded for $10.5
Projects in early planning also experienced significant growth at Q4 with a 19% increase by projects and 9% by rooms YOY, to close the quarter with 170 projects and a record-high 21,273 rooms. By chain scale, upper-midscale hotels dominate with 132 projects/14,039 rooms, representing 40% of the total projects and 32% of rooms in the pipeline.
To navigate these complexities, hotels are increasingly turning to data analytics. By utilizing the power of data, hotels can anticipate demand surges, optimize maintenance operations and enhance the guest experience. Also Read: Is Your Hotel Ready for the Peak Season? Customized Offers : Align promotions with past behaviors.
Fewer errors, faster updates, more bookings—Jasmine City Hotel from Thailand loves the power of STAAH’s channel manager Located in the bustling heart of Bangkok, Jasmine City Hotel is a favourite for business and leisure travellers alike. We needed a smarter, centralised system,” says Nutthiwut Jaikaew from Jasmine City Hotel.
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 smartphones, voice assistants, and AI-powered platforms become routine in daily life, guests expect their hotel experience to reflect the same level of immediacy, personalization, and convenience. The 2025 State of Hotel Guest Tech Report , based on a global survey of 402 recent hotel guests with a margin of error of 4.9%
By Rosanna Caira and Amy Bostock TORONTO — The 2025 Hotel Association of Canada (HAC) Conference was held June 16 and 17 at the Westin Ottawa. Joe Amati from Destination Canada emphasized tourism’s robust contribution to the national economy, forecasting annual growth of 5.42 searches for Canadian hotels also remain strong.
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).
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.
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).
The travel and hospitality sector, in particular, has recalibrated its outlook for the year, with some global hotel brands lowering their RevPAR guidance as they navigate the current climate with a mix of caution and quiet confidence. According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6
When travellers are weighing up where to stay, the terms “hotel” and “motel” might seem interchangeable. But for you as a hotel operator, the difference is more than just a matter of semantics. Understanding what sets hotels and motels apart isn’t just useful trivia. On paper, you’re a hotel. It’s a business decision.
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. Have you heard the news?
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. Have you heard the news?
With market forecasts pointing to AI in hospitality exceeding $1.4 From smart check-ins to robotic room service and AI-driven personalization, hotels are aiming higher, but many are hitting a wall. Hotels canât power 21st-century guest experiences on 20th-century networks.
As a leader in revenue management consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenue management trends keep evolving. Revenue management relies heavily on core principles such as data collection and forecasting.
All devices are connected to Anacoveâs AI-powered cloud system, which treats the hotel as a unified ecosystemâ delivering automated reports and actionable insights that show clear ROI and support smarter operations. The integration is being demonstrated at LG Booth 3805 at HITEC 2025.
By using predictive artificial intelligence, RaccoonRev Plus will generate daily rate recommendations up to 90 days in advance, factoring in signals like competitor rates, historical trends, pickup pace, weather forecasts, and lead-time behavior. AI will make hotel operations more efficient by removing the friction of traditional workflows.
The portfolio of solutions provides full-service, mid-scale, and limited-service hotels a range of connectivity options for delivering customized guest Wi-Fi experiences that meet the unique demands of each market segmentâfrom luxury to budget hotels.
âhotels can now offer the speed, personalization, and polish of enterprise-scale operationsâon their own terms.â As guest expectations rise and staffing challenges persist, this collaboration empowers hotels using the Visual Matrix PMS, a premium, high-touch service without expanding their teams.
By integrating state-of-the-art technology and user-friendly features, Be-Tech is redefining the standards for home locks and hotel locks , ensuring safety, convenience, and efficiency for every property. Be-Techs hotel lock systems empower hotels to streamline operations and elevate guest satisfaction.
Bank and one of the largest payments processors globally, today announced the expansion of its relationship with Wyndham Hotels & Resorts, making Elavonâs Cloud Payments Interface (CPI) available to more than 6,000 Wyndham franchisees across the United States and Canada.
Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out. âWhat truly makes Gametime stand out is its ability to meet the specific needs of limited-service hotels while aligning seamlessly with our overall revenue management strategy. GameTime is already in use.
Used in pricing models and forecasting, synthetic data can fill gaps and speed up decision-making. But when its wrong, biased, or unchecked, it could distort hotel operations and erode trust. Consider: synthetic data âAI-generated information that mimics real historical data. The result? Do you hand it over? Who owns that data?
enhancing digital infrastructure for both branded and independent hotels. This strategic move positions HCN as a dominant force in the global hospitality technology sector, expanding its reach across the four- and five-star hotel markets. The deal closed today for an undisclosed amount.
Skip to main content Subscribe Subscribe Restaurants Hotels RTN Research & Reports Events CX Point of Sale More Operations Data & Analytics News Briefs The Point Webinars HT Advisory Boards Advertise Contact Us Call for Speakers form News Briefs Most recent 6/16/2025 SynXis Concierge.AI âSabreâs SynXis Concierge.AI
â 6/15/2025 HITEC 2025: UrVenue Launches UrResort UrVenue launches UrResort , its newest product developed in response to the growing demand from hotels and resorts for a more tailored solution. This includes brand.com websites, loyalty apps, and mobile platforms â something large hotel groups have traditionally lacked.
âMaestroâs impactful technology is helping independent hotel operators take greater control of their operations while enhancing both guest and staff experiences. It offers customizable daily cleaning boards organized by zones or room types, supports various clean types, and forecasts housekeeping needs based on reservations.
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.
What This Means for Hotel IT Leaders This UKG research offers several key insights for hotel IT leaders as they navigate the evolving technological landscape: Embrace AI for Operational Efficiency: The study clearly shows employees, especially Gen Z, are eager for AI to take over repetitive and data-intensive tasks.
A year ago, Accentureâs Consumer Pulse Survey found that travelers felt booking a hotel was harder than buying a car and that choosing a flight was almost as hard as choosing a mortgage. As a result, 73% walked away from a hotel or flight booking entirely. Hotel leaders should not rely solely on feedback forms or review sites.
Not even close to starting. In an industry where relationships drive revenue and speed wins deals, todays hotel sales managers arent just competing with other propertiestheyre competing with time. For hotel sales teams managing group, corporate, and event business, that number might even feel generous. Prospecting?
Designed specifically for hotels and event venues, AVaStar is the first AV operations platform that empowers existing staff to take ownership of audiovisual systems, increase efficiency, and capture previously overlooked revenue opportunities. âOur platform gives them a playbook.
This is as critical for the modern generation of residents and guests, as white glove service was for prior generations.â The new release introduces an easy-to-use single-pane-of-glass style portal, which makes the entire platform intuitive and usable by non-specialist hotel employees.
Hotels should explore similar toolsâespecially in buffet settings and banquet operationsâwhere overproduction is common. Hotel F&B leaders should reframe food waste not just as an environmental issue, but as a bottom-line opportunity. Waste Reduction = Cost Avoidance A 44% cut in food waste led to $250 million in savings.
For the past two-and-a-half decades, Enseo has been a leading hospitality technology provider, consistently pioneering entertainment variety, promoting hotel branding on the screen, and connecting other in-room technologies for a more seamless experience. Hotel leaders should not rely solely on feedback forms or review sites.
For hospitality professionals, sample benefits include: Simplified and Accelerated Prospecting: Streamline outreach with curated planner lists and personalized emails based on hotel account insights, and attract planners with immersive AI-powered 3D room layouts. Click here to book a meeting to speak with our team at HITEC.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content