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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. According to Lodging Econometrics’ (LE) Q1 2025 U.S. The expansion of the U.S. annual supply growth rate for 2025. lodging market.

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CBRE forecasts RevPAR growth to improve in H2

Hotel Business

The company’s latest forecast projects a 2% increase in RevPAR growth for 2024, down from the 3% estimated in February. CBRE forecasts GDP growth of 2.3% Slower RevPAR growth reflects softer demand, stickier inflation and high interest rates,” said Michael Nhu, senior economist and CBRE’s head of global hotels forecasting.

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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.

Consumer 107
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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.

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LE: U.S. construction pipeline rises in all project stages

Hotel Business

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. construction pipeline at Q1.

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CBRE reduces forecast for 2024

Hotel Business

CBRE is reducing its forecast for U.S. CBRE forecasts GDP growth of 2.3% Challenges including weakening consumer spending and increased competition from short-term rentals, cruise lines and other lodging alternatives pose downside risks.” The post CBRE reduces forecast for 2024 appeared first on hotelbusiness.com.

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Balsan talks the trends changing the shape of hospitality

Hotel Designs

Here, the creative flooring brand tells Hotel Designs of the design trends that will inspire… Driven by evolving consumer expectations and global challenges, interior design is no longer just about aestheticsits about purpose. Consumers in 2025 want more than token eco-friendly gesturesthey expect meaningful change.