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LE: Record number of projects in U.S. construction pipeline

Hotel Business

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. Together, these two chain scales comprise 60% of all projects in the total pipeline. supply increase. supply increase.

Pipeline 105
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Forecast for new hotel openings in the Americas through 2025

Hotel Business

Throughout these three regions, upscale and upper midscale chain scale projects continue to dominate the pipeline, accounting for 4,240 projects/492,591 rooms, or 67% of the projects and 64% of the rooms in the construction pipeline. Certainly, these two chain scales will have the most new hotel openings through 2025.

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IDeaS Announces Spotlight, Delivering a New Edge in Demand Generation for Hotel Marketing

Hotel Speak

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.

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LE: APEC construction pipeline reaches new highs in Q3

Hotel Business

The upper-upscale, upscale and upper-midscale chain scales account for 61% of projects and 64% of the rooms in the pipeline. Projects in the upscale chain scale dominate the APEC pipeline at Q3 with 510 projects and 101,067 rooms, both reaching all-time highs.

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LE: Nearly half Europe’s pipeline currently under construction

Hotel Business

At Q1, the luxury chain scale reached a record high of 132 projects/17,124 rooms, while the upper-upscale chain scale also hit a record high with 281 projects/45,091 rooms. The upscale chain scale stands at 358 projects/55,297 rooms, while the upper-midscale chain scale closed the first quarter with 325 projects/47,738 rooms.

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Exclusive: TFE signs five New Zealand properties with Heritage Hotels

Hotel Management

“The reintroduction of the much-loved Rendezvous brand into New Zealand – through the Rendezvous Heritage Christchurch and Rendezvous Heritage Queenstown – provides Asia Pacific scale to the portfolio and will see TFE venture into Otago for the first time.” million in the July 2024 year, an increase of 604,000 from the July 2023 year.

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LE: Significant U.S. hotel supply growth expected through 2026

Hotel Business

LE analysts report that the upper-midscale chain scale stands at 2,262 projects/219,547 rooms and has the largest project count of all chain scales in the total construction pipeline at Q2. The second largest is the upscale chain scale, which has 1,417 projects/175,343 rooms. growth, respectively. equating to a 1.8%

Scale 111