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 Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. The upscale chain scale follows with 1,407 projects/174,127 rooms.
As seen in the latest Europe Hotel Construction Pipeline 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. The post LE: Nearly half Europe’s pipeline currently under construction appeared first on hotelbusiness.com.
Under an agreement with property developers JQZ, a 279-room new build premium hotel will be introduced as part of a large-scale mixed-use development on Church Street in the CBD. The broader development will also include residential apartments, alongside retail and commercial tenancies, with construction already underway.
Traditional lenders continue to scale back, and those still active are offering significantly lower loan-to-value (LTV) ratios, making it difficult for developers to move projects forward. Securing financing for hotel development continues to remain challenging.
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.
According to the Q4 2024 Canada Construction Pipeline Trend Report by Lodging Econometrics (LE) , Canadas total construction pipeline 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).
The Q1 2025 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals that at the close of Q1, the hotel construction pipeline in the region increased to 634 projects/158,656 rooms, up 4% by projects and 10% by rooms year-over-year (YOY).
On August 1, 2025, 1834 Hotels will assume full operational management of Kingfisher Bay Resort and K’gari Beach Resort, taking its national portfolio to more than 4,000 keys open or under construction. 1834 Hotels will work closely with current resort teams during the transition process to maintain service continuity for guests and staff.
Full-scaleconstruction has commenced on the development of Radisson Blu Mirage Resort Fiji, scheduled to open in 2026, with the project now funded by both the Fiji National Provident Fund (FNPF) and BSP Financial Group (Fiji) Pte Limited (BSP).
Shawmut Design and Construction , a $2 billion national construction management firm, has acquired First Finish , a full-service hotel renovation contractor, creating a partnership that combines expertise in large, complex hotel projects with expertise in fast-track, luxury interiors.
Their attention to detail and ability to deliver a project of this scale on time and to such a high standard has been exceptional. Dezign, the renowned design and construction studio behind the project, utilized its signature methodology to deliver this remarkable transformation.
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,280 projects with 737,036 rooms in the pipeline. At the close of the second quarter, there are 1,120 projects comprising 138,776 rooms under construction. construction pipeline. As seen in the Q2 2025 U.S.
According to the recent Construction Pipeline Trend Report by Lodging Econometrics (LE) , the Asia Pacific, excluding China (APEC), hotel construction pipeline 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 Construction Pipeline 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. The upscale segment showed strong growth with 66 projects/10,842 rooms, up 14% and 34% YOY.
Article - Record Highs Reached in Europe's Hotel Construction and Renovation Projects in Q1 2025 - The luxury and upper upscale chain scales achieved record highs with 132 projects/17,124 rooms and 281 projects/45,091 rooms, respectively.
The expanded accommodation offering can now welcome over 150 guests, and has the facilities to host small to large-scale meetings, expos and weddings. Designed by BSPN Architects and constructed by Mettle Projects, each room aims to reflect the surrounding landscapes from the bush to the city, lush rainforests, and breathtaking coastline.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel construction pipeline 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).
Applying her unique style across a range of building typologies, geographies and scales she re-engages in an approach that carefully addresses each project from an in-depth consideration of the detail to the overall massing strategy. Past projects have included the Natural History Museums Earth Sciences Centre.
Award-winning Czech architect Petr Kolar was inspired by this namesake, and the 47 stylish villas were constructed to form the head of the turtle with the island itself creating the body – seen by guests making the 45-minute private sea-plane journey from Mal.
Power study revealed guests who experienced better-than-expected sleep reported satisfaction scores 114 points higher (on a 1,000-point scale) than those with average sleep experiences. Hotels should also consider the impact of on-property renovations or nearby construction projects and how that may impact air quality. In fact, a J.D.
From large scale modern resorts to boutique luxurious island resorts and stays, as well as a growing experiences sector – with more and more businesses offering adventure and cultural activities. Today, tourism in Fiji covers a very broad spectrum.
“We’re excited to introduce these new leaders who will enable our business to scale and deliver the best possible experience for our owners and guests. He has more than 25 years of experience in construction and development, with a background working at Disney, Universal Creative and Elite International.
With its simply immaculate location, stunning natural beauty, and existing infrastructure including a recently constructed jetty, South Molle Island presents as a one-of-a-kind development opportunity in arguably the Asia Pacific region’s most coveted resort destination,” said HTL Property National Accommodation Director, Andrew Jackson. “New
And albeit with operational costs going up, construction costs going up in some, in some markets in some ways. And you see obviously the scale of Tony at Marriott, that’s almost a fascinating thing. So, a lot of fascinating things. You see the pure franchise perspective of Geoff Balloti of Wyndham.
Highlights for the year included opening three newly constructed hotels totaling 435 rooms, as well as completing approximately $15.3 Additionally, the company has begun selectively seeking strategic partnerships with other hotel ownership groups. million in renovations across four of our Marriott-branded hotels.
She brings a deep understanding of hospitality from multiple vantage points, including construction, consulting, data and technology. In her expanded role, she will continue to align Quore’s people and business strategies while helping scale operational excellence across the organization.
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 Construction Pipeline Trend Report from Lodging Econometrics (LE).
Lodging Econometrics (LEs) Q1 2025 Hotel Construction Pipeline Trend Report for China reveals that the construction pipeline 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.
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.
Bobs LEGIT takes additional factors into consideration, including the environmental impact of construction materials, cleaning services, toiletries, food and drink consumables, waste and water and furnishings. Our work with Furthr suggests the true scale of the hotel sectors environmental impact has been vastly underestimated.
This financing highlights Access Points ability to move decisively on hospitality transactions and portfolios of any size and chain scale, from luxury to midscale extended-stay and everything in between, said Michael I. Lipson, CEO/chairman, APF. Our goal is to be top-of-mind for anyone requiring hospitality capital solutions.
is introducing new, value engineering prototypes for Comfort and Country Inn & Suites by Radisson that will provide more revenue driving spaces for owners within the same footprint and achieve a 10 to 15-per-cent reduction in construction costs. Choice Hotels International, Inc.
When it comes to wellness real estate, there’s often a fine line between covering the costs of constructing all the potentially expensive common amenities and having too many units wherein a building will feel nonexclusive. How do you navigate this balance?
7/17/2025 Hotels Face a New Summer Threat: Cyberattacks at Scale As summer 2025 ushers in record-breaking travel volumes, hotels are facing an equally intense surge in cyberattacks. The round was co-led by Thrive Capital and Construct Capital.
One of the propertys many selling points was its proximity to downtown Columbus, as well as Intels $28-billion semiconductor manufacturing facility, which is currently under construction.
The company plans to use the funding to help construct facilities in the Netherlands, Sweden, and the U.S. The funding will go toward network scaling for lower latency, localized pricing and payments, and new tools for business travelers. SkyNRG says it has supplied SAF to more than 50 airlines worldwide. Travaras: $1.5
hotel construction pipeline is experiencing steady growth, with significant contributions from extended&stay brands and chain scales, according to the latest report by Lodging Econometrics.
Inspired by a Turkish hazel seed pod, the chandelier is dramatic in style and scale. Finally, constructed from thirteen elements, with thirteen separate light bulbs each individual section has sixteen fronds, creating two hundred and eight distinctive fronds in each chandelier. Each section, hand-painted by Porta Romanas artists.
Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. Currently, there are 1,152 projects comprising 145,368 rooms under construction in the U.S., Currently, there are 1,152 projects comprising 145,368 rooms under construction in the U.S., growth rate.
From selecting the right location to managing construction and hiring staff, the pre-opening phase is about laying the groundwork. Starting small and scaling strategically, with the right tools, ensures your OTA presence is both effective and manageable. But once everything is ready, the focus shifts.
In the Q3 2024 China Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total hotel construction pipeline reached a record-high project count of 3,853 projects with 703,312 rooms, up 4% by projects and 3% by rooms year-over-year (YOY).
Current under-construction activity shows remarkable acceleration, with 81 active projects (10,596 rooms) representing a 45% surge in projects and a 29% increase in rooms year-over-year. This disproportionate growth between project count and room numbers suggests a trend toward smaller-scale developments.
As seen in the Q1 2025 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) stands at 2,074 projects/408,213 rooms, representing a 3% year-over-year (YOY) increase in projects and a 1% YOY increase in rooms.
Lodging Econometrics’ (LE) Q3 2024 Latin America Construction Pipeline Trend report signals growth for the region’s hospitality industry. At the close of Q3 2024, Latin America had 269 projects with 47,151 rooms under construction, reflecting a 10% YoY rise in both metrics.
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