Hotel Business

MAY 5, 2023

As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline stands at 283 projects/37,683 rooms. Canada’s total construction pipeline increased 10% by projects and 5% by rooms year-over-year (YOY).

Pipeline 59

Pipeline Construction Forecasting Closing 59

Hotel Business

AUGUST 21, 2023

As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022.

Construction 52

Construction Pipeline Forecasting Scale 52

Hotelier Magazine

SEPTEMBER 5, 2023

In the Q2 ‘23 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts state that the total global-construction pipeline stands at 14,572 projects/2,310,238, up three per cent year-over-year (YOY) by projects and one per cent YOY by rooms. PORTSMOUTH, N.H. — three are in China and one is in Saudi Arabia.

Pipeline 52

Pipeline Scale Construction Forecasting 52

Hotel Business

AUGUST 7, 2023

As seen in the recently released Canada Construction Pipeline Trend Report from Lodging Econometrics (LE), the total construction pipeline in Canada continued to expand at the close of the second quarter with 275 projects/37,359 rooms, up 5% by projects and rooms year-over-year (YOY). growth rate, respectively.

Pipeline 52

Pipeline Construction Closing Forecasting 52

Hotelier Magazine

AUGUST 10, 2023

The total construction pipeline in Canada continued to expand at the close of Q2 with 275 projects/37,359 rooms, up five per cent by projects and rooms year-over-year (YOY), according to the Canada Construction Pipeline Trend Report from Lodging Econometrics (LE). PARSIPPANY, N.J. — per cent and 1.2-per-cent per cent and 1.2-per-cent

Pipeline 52

Pipeline Construction Hotels Forecasting 52

Hotel Business

NOVEMBER 17, 2022

According to the recent Q3 2022 close of the Construction Pipeline Trend Report for the Asia-Pacific region from Lodging Econometrics (LE) , Asia-Pacific’s total construction pipeline, excluding China, stands at 1,881 projects/401,545 rooms, up 7% by projects and 5% by rooms Year-Over-Year (YOY).

Pipeline 52

Pipeline Construction Forecasting Closing 52

Hotel Business

MAY 17, 2023

As seen in Lodging Econometrics’ (LE) most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline. Vietnam follows with 239 projects/84,035 rooms, then Indonesia with 202 projects/33,804 rooms.

Pipeline 52

Pipeline Construction Closing Forecasting 52

Hotelier Magazine

OCTOBER 27, 2023

To address this gap, IHG Hotels & Resorts is actively expanding its extended-stay offering with Atwell Suites, Candlewood Suites and Staybridge Suites. There are currently more than 15 extended-stay properties in the pipeline in Canada. Duff, VP, Development – Canada, IHG Hotels & Resorts. “To TORONTO — In the U.S.,

Resorts 59

Resorts Forecasting Hotels Pipeline 59

Hotel Business

NOVEMBER 28, 2022

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.

Scale 52

Scale Pipeline Construction Forecasting 52

Hotel Management

FEBRUARY 13, 2024

“Both Melbourne and Sydney properties are forecasted to have 100% occupancy during concert dates and transient revenue is up to 30% stronger in comparison to other popular concerts,” Hutton told HM exclusively, noting that many hotel guests are asking if they are able to decorate their rooms with Taylor merchandise.

Occupancy 290

Occupancy Tourism Events Accommodation 290

Hotel Business

FEBRUARY 28, 2023

According to the Lodging Econometrics (LE) year-end 2022 Global Construction Pipeline Trend Report, the total global construction pipeline stood at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms. Canada and Asia-Pacific—continue to have pipelines trending upward YOY.

Construction 52

Construction Pipeline Forecasting Closing 52

Hotel Business

MAY 1, 2024

The company added roughly 46,000 net rooms during the quarter, including approximately 37,000 rooms under its agreement with MGM Resorts International. Selected performance information The company added roughly 46,000 net rooms during the quarter, including approximately 37,000 rooms from its agreement with MGM Resorts International.

Pipeline 64

Pipeline Construction Occupancy Revenue 64

Hotel Business

AUGUST 29, 2023

In the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region continues to show steady pipeline growth in the second quarter of 2023, with the highest project count since Q1 2020. The total pipeline stands at 597 projects/146,521 rooms, up 10% and 5%, respectively, year-over-year (YOY).

Construction 52

Construction Pipeline Closing Hotels 52

Hotel Business

FEBRUARY 8, 2023

According to the Q4 2022 Construction Pipeline Trend Report for the Asia-Pacific region, excluding China, from Lodging Econometrics (LE), the region’s total construction pipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms year-over-year (YOY).

Scale 52

Scale Construction Pipeline Forecasting 52

Hotel Business

NOVEMBER 21, 2022

According to the Q3 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,660 projects/258,476 rooms. Europe’s leading countries with the most projects in the construction pipeline are the U.K.

Construction 52

Construction Pipeline Forecasting Hotels 52

Hotel Business

FEBRUARY 23, 2023

According to the Q4 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, LE analysts report that the hotel construction pipeline in the region stands at 549 projects/143,637 rooms. In Q4 2022, 33 new hotels, accounting for 6,452 rooms, opened in the Middle East.

Construction 52

Construction Pipeline Forecasting Closing 52

Hotel Business

FEBRUARY 20, 2024

.” He continued, “Our demonstrated track record of improving the delivery of direct business to franchisees positions us to further accelerate value creation for all stakeholders through a compelling combination with Wyndham Hotels & Resorts. Global pipeline as of Dec. Domestic rooms pipeline as of Dec.

Revenue 64

Revenue Pipeline Forecasting Hotels 64

Boutique Hotel News

DECEMBER 20, 2022

In the meantime, a dedicated eCommerce platform for hotels and resorts, LiBi, launched earlier this year. Looking ahead, supply levels are forecast to exceed 1,100 schemes by 2027, nearly doubling the current volume at around 640 projects worldwide.

Travel 124

Travel Hotels Branding Real Estate 124

Social Tables

DECEMBER 27, 2018

Meanwhile, late in 2018, CBRE forecasted that hotel supply would peak at 2% gain, stabilizing to 1.9 With the development pipeline slowing and event demand growing, it promises a rise in group hotel rates. Resorts, golf courses, and similar venues should offer buyouts in shoulder seasons to accommodate these events and drive revenue.

Events 167

Events Business Scale Consumer 167