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Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. LE analysts report that the upper-midscale chain scale continues to have the largest project count in the U.S. The upscale chain scale follows with 1,407 projects/174,127 rooms. According to the Q3 2024 U.S. supply increase. supply increase.
The solution brings IDeaS robust demand forecast and price sensitivity capabilities together to help hoteliers allocate marketing spend for the greatest impact on incremental revenue. Powered by IDeaS G3 RMS advanced forecasting engine, Spotlight enables teams to proactively adjust strategies and take a surgical approach to demand generation.
In the latest Hotel Construction Pipeline Trend Reports from Lodging Econometrics (LE), the total Americas—comprising the U.S., Canada and Latin America—hotel construction pipeline stands at 6,399 projects/785,897 rooms. Certainly, these two chain scales will have the most new hotel openings through 2025.
According to recent Accenture research, 84% of travel executives say AI is the key to achieving their growth targets demonstrating that AI-driven channel strategies are no longer optional; they’re absolutely mission-critical for driving hotel revenue. As a result, marketing messages become more relevant, personalized, and timely.
TFE Hotels has signed a multi-property management agreement with New Zealand’s Heritage Hotels, which will see half of the Heritage portfolio refurbished and rebranded under the Adina and Rendezvous brands. Tang said Heritage Hotels will also benefit from TFE Hotels’ global distribution systems and centralised service model.
hotel industry maintains a steady development pipeline, though current activity reflects a more cautious approach amid near-term challenges. 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.
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).
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. LE analysts forecast a total of 355 new hotels/47,549 rooms to open by year-end 2025.
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. The second largest is the upscale chain scale, which has 1,417 projects/175,343 rooms. According to LE analysts, 250 new hotels with 29,777 rooms opened in the U.S.
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).
The latest Lodging Econometrics (LE) data from Q3 2024 reveals unprecedented growth in Canada’s hotel development pipeline, with key indicators suggesting an expansion phase is underway. This disproportionate growth between project count and room numbers suggests a trend toward smaller-scale developments. increase in supply.
One of the main challenges for hotels is creating accurate forecasts in the short, medium, and long term. Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales. But traditional forecasting models no longer cut it.
Hotel distribution today is a different game. The New Age of Hotel Distribution 2. Move Beyond Syncing, Start Scaling 1) The New Age of Hotel Distribution The hotel distribution landscape has changed. Its not just about where youre listed, its about how well you manage, price, and promote across every touchpoint.
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.
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).
By chain scale, upper-midscale hotels dominate with 132 projects/14,039 rooms, representing 40% of the total projects and 32% of rooms in the pipeline. Through Q4 2024, Canada opened 15 new hotels with 1,478 rooms. LE is forecasting 43 new hotels/5,321 rooms to open in 2025, representing continued growth in supply.
As smartphones, voice assistants, and AI-powered platforms become routine in daily life, guests expect their hotel experience to reflect the same level of immediacy, personalization, and convenience. The 2025 State of Hotel Guest Tech Report , based on a global survey of 402 recent hotel guests with a margin of error of 4.9%
In HM ’ s 2024-2025 Hotel Development Outlook, Choice Hotels Asia-Pac Head of Investments and Portfolio Growth, Trent Conroy, talks strategy to overcome current market challenges. Choice Hotels Asia-Pac anticipates strong net unit growth in 2024, despite factors causing industry uncertainty.
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.
Its mobile-friendly interface and intuitive setup empower lean teams to automate pricing decisions and scale operations effectively. Its mobile-friendly interface and intuitive setup empower lean teams to automate pricing decisions and scale operations effectively. GameTime is already in use.
With all the changes impacting hoteliers so quickly—the need for hotels to do more with less, continuing pressures on margins, the rapid rise of AI—it’s time for new paradigm in revenue management, one rooted in scientific rigor, data integration and interdisciplinary collaboration.
Crowne Plaza Hotels & Resorts, part of the IHG Hotels & Resorts premium portfolio, continues to roll out its New Modern design across its properties in the U.S. IHG forecasts that 70% of Crowne Plazas Americas estate will showcase updated designs by the end of 2025. A refreshed lobby and more than 50,000 sq.
At the 2025 HSMAI Commercial Strategic Conference, leaders from Crescent Hotels, Expedia Group, and Booking.com highlighted how OTAs offer not just distribution, but data-driven insights, technology tools, and strategic partnerships that can significantly enhance hotel performance and guest engagement in the age of AI.
All devices are connected to Anacoveâs AI-powered cloud system, which treats the hotel as a unified ecosystemâ delivering automated reports and actionable insights that show clear ROI and support smarter operations. The integration is being demonstrated at LG Booth 3805 at HITEC 2025.
Opportunities abound in hotel development across the Asia Pacific with many groups reporting strong interest in white-label management and franchising partnerships. As a result, hotel operators need to be innovative and agile in operating and provide owners with the best possible solution to maximise revenue and efficiencies.
Executives from CoStar, CBRE, Kalibri Labs and more forecast how hotels will perform this year, while owners and operators provide their thoughts on how each chain scale will do. Industry Outlook originally ran as a supplement to the January 2024 issue of Hotel Business. The 2024 U.S.
At first glance, the hotel industry in the United States seems to be climbing back. Figure 1 Hotels are hustling uphill. hotels are still making less money in real terms than they did in 2019. For hotels already operating on tight margins, this dynamic spells trouble.
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).
CBRE is forecasting RevPAR growth to recover in 2024 as inbound international travel further improves and sector-specific headwinds moderate. The company forecasts 3.0% CBRE’s baseline forecast anticipates 0.8% CBRE’s baseline forecast anticipates 0.8% The November 2023 edition of Hotel Horizons for the U.S.
Hotel renovation and conversion pipeline activity, at the end of the fourth quarter of 2022, is at the highest totals Lodging Econometrics (LE) has ever recorded. Accounting for 35% of the projects and 29% of the rooms in the combined renovation and conversion pipeline, the upper-midscale chain scale leads the way with the most activity.
To navigate these complexities, hotels are increasingly turning to data analytics. By utilizing the power of data, hotels can anticipate demand surges, optimize maintenance operations and enhance the guest experience. Also Read: Is Your Hotel Ready for the Peak Season? Customized Offers : Align promotions with past behaviors.
To help you navigate this decision-making process, let’s explore the essential features to consider when selecting an RMS for your hotel. An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts.
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. Five new hotels with 518 rooms opened in Canada during the first quarter.
Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. hotel landscape. As we look ahead, LE’s report offers a detailed forecast of the anticipated supply growth. Hotel projects within the upscale and upper-midscale chain scales are leading the way.
According to the Q3 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, the hotel construction pipeline in the region stands at 535 projects/134,897 rooms. Of note, Wynn Resorts will open a new hotel on the island of Ras Al Khaimah. is Dubai, with 79 projects/23,542 rooms.
âhotels can now offer the speed, personalization, and polish of enterprise-scale operationsâon their own terms.â As guest expectations rise and staffing challenges persist, this collaboration empowers hotels using the Visual Matrix PMS, a premium, high-touch service without expanding their teams.
The portfolio of solutions provides full-service, mid-scale, and limited-service hotels a range of connectivity options for delivering customized guest Wi-Fi experiences that meet the unique demands of each market segmentâfrom luxury to budget hotels.
New Zealand’s hotels are experiencing a long-awaited resurgence in bookings thanks to higher numbers of international visitors entering the country, according to the latest research by JLL. Hotel occupancy, which is at a market average of 70%, is up 15% year-on-year, but remains down (-9%) on pre-pandemic levels.
The luxury, upper-upscale and upscale chain scales each hit peak project counts at the end of Q4. The Asia-Pacific region, outside of China, opened 318 new hotels with 58,961 rooms through the close of the fourth quarter of 2022. The post LE: Top chain scales in APAC hit peak project counts appeared first on hotelbusiness.com.
The report also provides insights into the regional hotel pipeline by chain scale segment. The upscale (134 projects/18,592 rooms), luxury (121 projects/24,924 rooms and upper-upscale (104 projects/21,300 rooms) chain scales emerged with the largest pipelines.
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. Have you heard the news?
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. Have you heard the news?
Of that 47 per cent, upper midscale hotel projects comprise 29 per cent of the projects in the total global pipeline with a record 4,236 projects and 558,159 rooms. Upper upscale projects stand at 1,653 projects/374,407 rooms at Q2, while luxury hotel projects increased 10 per cent YOY to close the quarter at 909 projects/180,538 rooms.
Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. The top three chain scales by total projects at the end of Q1 are upscale at 1,443 projects/179,295 rooms, upper-midscale at 2,338 projects/226,349 rooms and midscale at 974 projects/82,094 rooms.
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