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 construction in the United States hit historic levels in the fourth quarter of 2024, according to Lodging Econometrics‘ (LE) latest Hotel ConstructionPipeline Trend Report. hotel pipeline showed robust activity across all project stages.
The Q4 2024 Global Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE) showed that the global hotel constructionpipeline continued its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4 percent increase in projects and a 3 percent increase in rooms year-over-year (YOY).
The latest United States ConstructionPipeline Trend Report from Lodging Econometrics (LE) showed that Dallas is leading the nations hotel constructionpipeline with a record-breaking 204 projects totaling 23,669 rooms. Hotel ConstructionPipeline appeared first on LODGING Magazine.
Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stands at 6,211 projects/722,821 rooms, up 9% by projects and 7% by rooms year-over-year (YOY). surpassing previous pipeline records. pipeline, reaching a new all-time high of 2,315 projects/224,703 rooms.
Hotel ConstructionPipeline 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 constructionpipelines 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).
hotel industry maintains a steady development pipeline, though current activity reflects a more cautious approach amid near-term challenges. Hotel ConstructionPipeline 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 the Q4 2024 Canada ConstructionPipeline Trend Report by Lodging Econometrics (LE) , Canadas total constructionpipeline has reached record-breaking counts of 333 projects/43,413 rooms, showing robust growth of 13% for both projects and rooms year-over-year (YOY).
As seen in the latest Europe Hotel ConstructionPipeline 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. Countries in Europe with the greatest number of projects in the pipeline at Q1 are led by the U.K.
“As these new services mature and inbound visitation continues to recover, the uplift in demand is expected to increase occupancy and RevPAR levels across key markets as Australia’s hotel development pipeline enters a sustained period of limited supply, driven by escalating construction costs and productivity constraints.”
This is Hospitality America’s second managed hotel in Arkansas, its sixteenth Hilton hotel, and one of 14 properties developed by Windsor Aughtry, with four more in the pipeline. The newly constructed 168-room property is located in the Pinnacle Hills neighborhood.
According to the recent ConstructionPipeline Trend Report by Lodging Econometrics (LE) , the Asia Pacific, excluding China (APEC), hotel constructionpipeline 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.
The latest Hotel ConstructionPipeline 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.
The Q4 2024 Global Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE) has revealed that the global hotel constructionpipeline continues its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4% increase in projects and a 3% increase in rooms year-over-year (YOY).
markets stand out for their active under-construction hotel projects. The post LE: Dallas leads nation’s hotel construction boom appeared first on hotelbusiness.com. According to the Q3 2024 U.S. These top five markets combined account for 732 projects/88,904 rooms. In Q3, five U.S.
With major events, premium hotel openings, and infrastructure projects in the pipeline, the outlook for the Australian Hotel sector remains positive. On the supply front, a total of 1,800 rooms were added to the market with delays and pipeline shifts pushing some planned hotel openings to 2025.
The Q1 2025 Hotel ConstructionPipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals that at the close of Q1, the hotel constructionpipeline in the region increased to 634 projects/158,656 rooms, up 4% by projects and 10% by rooms year-over-year (YOY).
Trent Conroy, Choice Hotels The Australasian greenfield development market continues to witness feasibility challenges, with elevated construction costs, inflation, and tighter lending conditions dampening new supply pipelines.
ConstructionPipeline Trend Report from Lodging Econometrics (LE) has revealed that Dallas is leading the nation’s hotel constructionpipeline with a record-breaking 204 projects totaling 23,669 rooms. The post LE: Dallas pipeline tops 200 projects appeared first on hotelbusiness.com. The latest U.S.
According to the latest China ConstructionPipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel constructionpipeline 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).
We also delivered the highest number of approvals, construction starts and openings in our history in 2024, helping us achieve net unit growth of 7.3%. With a development pipeline of nearly half a million rooms, we are confident that we are well positioned to deliver net unit growth between 6% and 7% in 2025.”
The signing of Conrad Los Cabos is a significant milestone for Hiltons expanding luxury portfolio in Mexico, said Hilton senior vice president, development, architecture, design and construction, Caribbean and Latin America, Juan Corvinos. Additional amenities include luxury boutique shops and over 500 square feet of meeting space.
The brands current pipeline includes three under-construction hotels totalling over 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriotts global regions over the next decade. Europe, and Asia Pacific, including gateway cities like New York, London, Paris, and Rome.
The brand’s current pipeline includes three under-construction hotels totaling more than 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriott’s global regions over the next decade.
Lodging Econometrics (LEs) Q1 2025 Hotel ConstructionPipeline Trend Report for China reveals that the constructionpipeline 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.
Everhome Suites is on track to have 25 hotels open by the end of the year, with 20 currently under construction. Overall, the Everhome Suites brand has over 65 hotels in the pipeline. Choice Hotels now has 10 Everhome Suites open nationwide, providing apartment-style accommodations.
from year-end 2023 At the end of the year, Marriott’s worldwide development pipeline totaled nearly 3,800 properties and more than 577,000 rooms The company returned more than $4.4 “The company signed a record number of new deals, and our industry-leading development pipeline reached more than 577,000 rooms at the end of the year.
million in construction financing for the development of a new Residence Inn by Marriott hotel in Wilmington, DEs Chestnut Run Innovation & Science Park (CRISP). The construction financing was arranged by Philadelphia-based D2 Capital Advisors’ Jack Cortese, David Frankel and John Lightcap. D2 Capital Advisors arranged $23.5
The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE).
The Q1 2025 Hotel ConstructionPipeline Trend Report from Lodging Econometrics shows an 8% year&on&year increase in Middle Eastern hotel construction projects, with 634 projects encompassing 158,656 rooms.
Established in 2013, the Ruby brand 20 th brand in the IHG portfolio currently operates 20 hotels (3,483 rooms) in major cities across Europe and has another 10 pipeline hotels (2,235 rooms). InterContinental Hotels Group (IHG) has acquired premium urban lifestyle brand, Ruby, for 110.5 Also, the timing could not be better.
InterContinental Hotels Group PLC (IHG) has announced the acquisition of premium urban lifestyle brand Ruby, its 20th brand, as it targets global expansion… Established in 2013, the Ruby brand currently operates 20 hotels (3,483 rooms) in major cities across Europe and has another 10 pipeline hotels (2,235 rooms).
This is Hospitality America’s second managed hotel in Arkansas, its 16th Hilton hotel and one of 14 properties developed by Windsor Aughtry , with four more in the pipeline. The newly constructed, 168-room property is located in the Pinnacle Hills neighborhood near the Rogers Convention Center, Walmart AMP, Topgolf and the Razorback Greenway.
Choice Hotels now has 14 Everhome Suites open, 19 under construction, and more than 60 in the pipeline. NORTH BETHESDA, MarylandEverhome Suites, the midscale extended stay brand fromChoice Hotels International, Inc., announced the opening of six new properties and the groundbreakings of three more inTexas,Oregon, andOhio.
Joseph’s Health Hospital, as well as the area’s robust development pipeline. Historically, this market has been stable, driven by healthcare and education sectors, and is now poised for significant growth with Micron’s upcoming construction.”
Capital is scarce, construction costs are high, labor is tight and interest rates remain stubbornly elevated. Were starting to see construction financing open up again, selectively, and for the right projects. While plenty of projects remain in the pipeline, very few are actually moving forward. But there are signs of movement.
The new-construction hotel will incorporate a rooftop venue and the restoration of the historic Bonstelle Playhouse, both of which are slated to open this spring. “This project by the Roxbury Group is a wonderful mix of new construction and historic preservation, which is what great cities do, said Detroit Mayor Mike Duggan.
Market challenges “It’s been probably one of the most challenging periods of time in Australian history to develop property,” Sanjana said citing the pandemic, planning hurdles, record high construction pricing, rising interest rates and inflation. “We
The brand now has 10 properties open across the country and is on track to have 25 hotels open by the end of the year, with 20 currently under construction. Overall, Everhome Suites has more than 65 hotels in the pipeline. Across its four extended-stay brands, Choice has 515 hotels open and nearly 400 in the pipeline.
Nashville-based development firm M Cubed Developments owns the property and Humphreys & Partners was tapped to spearhead the architecture of the newly constructed building. Three private event spaces will also be available onsite: a courtyard, open-air rooftop and multipurpose room designed for corporate meetings or small gatherings.
This milestone year brings global growth, driven by forward-thinking initiatives, industry-leading sustainability, and a robust development pipeline. Additional hotels in the pipeline include Adelaide (Australia), Riyadh (Saudi Arabia), and Brickell (Miami). This commitment is evident through measurable accomplishments.
Additionally, more than 70% of construction waste was diverted from landfills. Six event spaces can be found on the second floor. 1 Hotel Seattle is targeting LEED Silver certification, with strategies that range from advanced air quality systems and UV water filtration to a 37% reduction in water use.
” Lucid, Highgate’s design and construction group, supported the project’s development in collaboration with Gensler and Hyatt , overseeing design and construction execution.
Choice Hotels now has 14 Everhome Suites open, 19 under construction and more than 60 in the pipeline. ” The newly opened and under-construction hotels were developed with longtime collaborators of Choice Hotels, Highside Companies. Everhome Suites , the midscale extended stay brand from Choice Hotels International Inc.
We have always been impressed with how they have grown their portfolio and, more importantly, their construction and development side of the business. We think they make us better in the space along with our other strategic partners.
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