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Choice Hotels Opens First New Construction Property Using Lobby in a Box

Lodging

announced the opening of the first new construction hotel to feature the Lobby in a Box package, a MainStay Suites in Chesapeake, Virginia. By using the Lobby in a Box and Kitchen in a Box packages, the hotel leveraged designs with lower costs that are constructed for the extended-stay consumer.

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

Hotel Business

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 construction pipeline hits 749K rooms at Q1 2025 close appeared first on hotelbusiness.com. The expansion of the U.S.

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Industry Insights: 4 Questions with Oracle Hospitality

Skift Blog

The challenge for hoteliers will be to keep the momentum building, especially if construction continues to move slowly and consumer spending habits start to cool. Skift Take: There are a lot of reasons for optimism looking ahead to 2024, including an increase in international travel and an easing labor shortage.

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Exclusive: Trilogy Hotels CEO talks hurdles and opportunities amid ‘choppy’ market

Hotel Management

While construction costs have tempered new developments, this has heightened the value of existing assets, particularly in supply-constrained markets. We’re also seeing strong performance in market mix diversity, where segments combine to offset the ups and downs of current economic and global conditions.

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Quincy Melbourne achieves sustainability milestone in road to net zero

Hotel Management

The 5,300 tonnes of CLT used in the construction of the hotel are a fifth of the weight of concrete and act as a carbon sink, offsetting around 4,200 tonnes of C02 from the atmosphere the equivalent to a years worth of carbon emissions from 130 homes, according to TFE Hotels.

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WITCE Wednesdays – Consumer Confidence (Economic Indicators)

A Sales Guy

Wednesday I’m going to cover consumer confidence. Consumer confidence is an economic indicator measuring how the general populace feels about the economy and their own person financial situation. There is also the Bloomberg Consumer Comfort Index and the Consumer Confidence Average, but I’m not going to go into those.

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LE: U.S. construction pipeline remains steady

Hotel Business

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.