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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 Q2 2024 Global ConstructionPipeline Trend Report by Lodging Econometrics (LE) stated that the total pipeline ascended to a record-high 15,453 projects with 2,395,726 rooms, up 6 percent by projects year-over-year (YOY) and 4 percent by rooms.
hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s latest September 2024 data. Hotel Rooms Under Construction Increases for Seventh Consecutive Month appeared first on LODGING Magazine. WASHINGTON—The volume of U.S. The post CoStar: U.S.
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.
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