Hotel Business

MAY 11, 2023

At the close of Q1 2023, the pipeline stands at 546 projects/90,139 rooms, down slightly 3% by projects and 2% by rooms year-over-year (YOY). Early planning is up 11% by projects and 15% by rooms YOY to stand at 160 projects/24,218 rooms at the close of the first quarter.

Construction 52

Construction Pipeline Closing Forecasting 52

Hotel Business

NOVEMBER 15, 2023

The record-high projects in the total pipeline can be attributed to the number of upscale and upper-midscale chain scale projects, which both hit project and room-count peaks this quarter. The upscale chain scale ended Q3 with a total of 850 projects/198,277 rooms, and the upper-midscale chain scale has 1,222 projects/194,515 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. Projects in the early planning stage stand at 163 projects/24,403 rooms at the close of the quarter, up 14% and 16% YOY respectively.

Pipeline 64

Pipeline Construction Forecasting Scale 64

Hotel Business

JANUARY 22, 2024

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. continued its upward growth trend through the end of 2023, closing the year with record project and room counts of 2,028 projects/303,330 rooms. hotel development in the year ahead. to increase 1.4%

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

OCTOBER 26, 2023

by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. 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. Analysts at LE report that the upper-midscale chain scale has the largest project count of all chain scales in the total U.S.

Construction 59

Construction Pipeline Scale Closing 59

Hotel Business

AUGUST 21, 2023

At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022. 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 52

Construction Pipeline Forecasting Scale 52

Hotel Business

FEBRUARY 12, 2024

According to the recent Asia-Pacific, excluding China (APEC), Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the region increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.

Construction 59

Construction Pipeline Closing Forecasting 59

Hotel Business

APRIL 27, 2023

continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. These two chain scales continue to dominate the pipeline and that is not expected to change anytime soon.

Pipeline 98

Pipeline Construction Scale Closing 98

Hotel Business

NOVEMBER 21, 2023

The Middle East, with an average of 239 rooms per construction project, continues to have the largest hotel construction projects in the pipeline of any region in the world, with most of these projects belonging to the top three chain scales. Upscale hotel construction projects closed the quarter at 163 projects/41,339 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Business

JULY 28, 2023

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. times the actual and forecasted industry growth rates from 2022-2025.

Construction 98

Construction Pipeline Forecasting Closing 98

Hotel Business

NOVEMBER 20, 2023

The luxury, upper-upscale, upscale and economy chain scales in Europe all show YOY increases in project counts compared to Q3 2022 totals. Luxury projects increased 2% YOY, just ten projects short of the segment’s all-time high, closing the quarter with 139 projects/18,515 rooms.

Pipeline 59

Pipeline Construction Scale Closing 59

Hotel Business

NOVEMBER 13, 2023

Furthermore, the luxury, upper-upscale and upscale chain scales each hit peak project counts at the end of Q3 and account for 53% of the projects in the region’s hotel construction pipeline. Projects scheduled to start construction in the next 12 months stand at 295 projects/51,756 rooms.

Construction 52

Construction Pipeline Forecasting Scale 52

Hotelier Magazine

JULY 31, 2023

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. PORTSMOUTH, N.H. construction pipeline.

Construction 52

Construction Pipeline Forecasting Hotels 52

eZee Absolute

DECEMBER 7, 2023

I was wondering how come they have not been able to scale. Myth #5: Budgeting and demand forecasting aren’t important in revenue management When it comes to hotel revenue management, budgeting and demand forecasting play a crucial role. Demand forecasting, Budgeting, and revenue management are all interlinked.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

SiteMinder

DECEMBER 4, 2023

This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. Hotel market revenue is worth close to $22 billion. It’s released on a global scale and can be segmented by country to, to give hotels unique insights into their own market.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

SiteMinder

OCTOBER 15, 2023

Improve forecasting – Compare historical data with current market conditions to get an idea of what you can set your rates at in the future. Or, you might notice the rooms close to the bar and restaurant are much more popular on weekends, while rooms closer to the gym or work spaces are more popular during weekdays.

Occupancy 59

Occupancy Revenue Hotels Revenue Management 59

Social Tables

DECEMBER 5, 2018

The Global Meetings and Events Forecast reports that the average B2B event, for instance, operates on this budget breakdown: 43% marketing and promotion. This best practice relates closely to the first. 32% speakers and talent. 29% printed materials. 18% venues. Offer freedom of choice.

Events 146

Events B2B Sales Revenue 146

A Sales Guy

DECEMBER 15, 2016

Here are 5 tactics you can use right now to close larger deals with Account Based Marketing and Sales Development. Predictive Scoring forecasts the companies most likely to close by analyzing historical data from customers who have already closed or become opportunities. With that said, let’s just jump into it.

Pipeline 98

Pipeline Market Marketing Intent 98

MediaBoom

JULY 12, 2023

Here are some types of video content you can use to capture the attention of your target audience : Educational videos on how to buy a house, what to expect at closing, real estate market forecasts in your city, etc. Here’s an idea: Host a housewarming event when your client closes the home.

Real Estate 81

Real Estate Sales Business Events 81

MediaBoom

MARCH 15, 2024

A recent Statista report forecasts that by 2025, over ten percent of all retail sales in the United States will stem from mobile commerce, underscoring the critical need for luxury brands to innovate their digital marketing strategies. Live Streaming goes beyond just creating a VIP experience.

Digital Marketing 90

Digital Marketing Marketing Strategy Branding Market 90

Boutique Hotel News

DECEMBER 20, 2022

Armchair travel” – coined at a time when international borders closed during the pandemic – has amplified the role of video content. Expect loyalty programs to be reimagined in line with this trend, and for brand activation companies such as Way to quickly scale. TV inspired travel .

Travel 124

Travel Hotels Branding Real Estate 124

Little Hotelier

AUGUST 29, 2023

The minute you close your guest’s door after showing them their room, you can almost guarantee they will be jumping on the bed to test it out. With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. Income: Forecasted and other expected revenue.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

Hotelier Magazine

MARCH 11, 2024

This represents the recovery of the tourism sector from the pandemic, one year earlier than forecast. We’re at, or close to, 2019 levels in all of the key indicators. Of course, we’ll be working closely with our airline and airport partners on this ― both here in Canada and around the world. billion by the end of 2023.

Tourism 52

Tourism Business Market Marketing 52

Hotel Operations

MAY 29, 2023

We wanted to set brand standard frameworks and technology to scale, and that opportunity excited me.” Limited by legacy technology Sam, Alena, and the Sudima Hotels team faced a number of challenges as they worked towards a goal of modern infrastructure that would allow the brand to scale.

Branding 52

Branding Hotels Operations Retail 52

Hotel Operations

MARCH 15, 2023

Forecasting demand is an example. “We’re AI for training and coaching is a great example of using technology to empower better human interaction at scale. Revenue management was the first major function to deploy advanced analytics at scale, with practices like dynamic pricing now an industry standard.

Hospitality 59

Hospitality Hotels Operations Revenue 59

Social Tables

DECEMBER 27, 2018

Meanwhile, late in 2018, CBRE forecasted that hotel supply would peak at 2% gain, stabilizing to 1.9 Respondents to the AMEX Meetings & Events Forecast predict that rise will equal about 2.41% in North America, while CWT expects an even higher hike of 3.7%. Last year, the Global Meetings Forecast predicted a 3.8%

Events 167

Events Business Scale Consumer 167