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Construction Begins On Royal Caribbean’s First Royal Beach Club

Hospitality Net

The beginning of construction was celebrated on location, where Royal Caribbean Group President and CEO Jason Liberty and Royal Caribbean International President and CEO Michael Bayley were joined by The Bahamas’ Prime Minister Philip Davis and Deputy Prime Minister I.

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Middle East Hotel Construction Pipeline Rises to 612 Projects/144,222 Rooms at Q1 2024

Hospitality Net

The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year-over-year (YOY).

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Andaz Turks & Caicos to Begin Construction

Hospitality Net

Andaz Turks & Caicos closed the final phase of financing and will immediately begin construction, marking an important milestone for the highly-anticipated resort and residential property that is poised to bring a fresh, modern luxury offering to the island and famed Grace Bay Beach.

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Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows

Hospitality Net

Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China’s construction pipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY).

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The Latin America Hotel Construction Pipeline Grew 11% Year-over-Year, Reaching 604 Projects and 100,990 Rooms at Q1 2024

Hospitality Net

The latest Latin America Construction Pipeline Trend Report by Lodging Econometrics (LE) reveals robust growth in the region’s hotel construction sector.

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Nearly 50% of Latin America’s Hotel Construction Pipeline Now Under Construction

Hospitality Net

According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects and 97,679 rooms at the close of the quarter.

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Ladun Investment signs partnership agreement with Cheval Collection for the construction and operation of Ladun Cheval Living

Hospitality Net

Ladun Investment Company signed a partnership agreement with award-winning hospitality group, Cheval Collection featuring numerous contracts for the construction and operation of Cheval Ladun Living - a tower featuring luxury hotel apartments situated on King Fahd Road (near King Abdullah Financial Center) in Riyadh.