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The latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE) showed that Dallas is leading the nations hotel construction pipeline with a record-breaking 204 projects totaling 23,669 rooms. Hotel Construction Pipeline appeared first on LODGING Magazine.
Construction Pipeline Trend Report by Lodging Econometrics (LE) shed light on cross-market trends. Dallas emerged as the strongest market, leading the nation with a record-breaking 193 projects/22,291 rooms, signifying Dallas’s growth and confidence in the hospitality sector. In the ever-changing landscape of the U.S.
According to the recent Q2 2024 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines were led by Dallas with 189 projects, just four projects shy of its record-high at the end of Q4 2023 and a new record-high 22,392 rooms.
Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines were led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. The recent U.S.
Fact: Only 8% of sales and marketing professionals say their data is between 91% - 100% accurate. In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. More organizations are investing in B2B sales and marketing intelligence solutions.
This feature goes in-depth with five brands—all of which have been launched within the […] The post 5 Brands to Watch: Extended Stay, Mid-Market Flags Drive Hot Product Pipelines for Franchisors appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced growth in its select service pipeline, with an around 25 percent increase in the Americas over the past three years. As of June 30, 2024, this segment represents over 50 percent of Hyatt’s total pipeline in the Americas.
Skift Take: While the development pipeline is impressive in key markets, successful delivery of hotel projects will depend on overcoming nagging financing challenges and uneven infrastructure. Read the Complete Story On Skift
Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
TYSONS, Virginia—Cvent announced that it has acquired Splash, an event marketing technology company. Splash’s platform allows marketers to create on-brand, measurable, and repeatable event programs that drive pipeline and sales.
WASHINGTON—The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar.
percent for the full year 2024, and over 577,000 rooms in the companys development pipeline at year-end. Marriott International, Inc. announced a year of global growth, with a record 123,000 gross rooms openings, net rooms growth of 6.8 Marriott continued to expand its product offerings across travel purposes and segments.
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there were 6,065 projects with 702,990 rooms in the pipeline. The details can be seen directly within the stages of the pipeline, which all saw YOY growth […] The post Lodging Econometrics: U.S.
For recruiters to build their pipeline and search for the next candidate, they need to ensure they have access to the most accurate data on the market. More specifically, having access to updated information lets you engage faster with ideal candidates searching the job market.
Lodging Econometrics (LE) released the latest hotel development for the New York market before the NYU International Hospitality Industry Investment Conference (NYU Conference). Of the top 50 markets in the United States, the New York market led with […] The post LE: New York Leads Top 50 U.S.
Skift Take: CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group. Sean O'Neill Read the Complete Story On Skift
Construction Pipeline Trend Report released by Lodging Econometrics (LE), LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the Top 25 Markets in the United States. Markets Grow in the Hotel Construction Pipeline appeared first on LODGING Magazine. In the Q1 2023 U.S.
Analysts and professionals alike tend to argue that account based marketing (ABM) is not new. In just 90 days, we were able to increase our pipeline by 114% and the customer base for this particular product by 30%. On the surface, this is an accurate statement. So, what does ABM look like in 2022?
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) finds that, at the close of the first quarter of 2025, the top five markets with the largest hotel construction pipelines are led by Dallas with 203 projects/24,496 rooms, a new all-time-high room total representing 9% project and 11% room growth year-over-year (YOY).
Construction Pipeline Trend Report from Lodging Econometrics (LE) has revealed that Dallas is leading the nation’s hotel construction pipeline with a record-breaking 204 projects totaling 23,669 rooms. The early planning stage further demonstrates Dallas’ market strength, with 95 projects (11,346 rooms).
Marriott International has marked another year of strong growth in the Asia Pacific excluding China (APEC) region, signing a record 109 deals across 11 markets, contributing 21,439 rooms to the region’s development pipeline, closing the year with 77,532 total rooms in the region’s year-end pipeline.
As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market. Melbourne is the primary recipient of new room supply (35% of total).
Hit your number with 100 Pipeline Plays. Use our proven data-driven plays to grow your pipeline and crush your revenue targets. Meet your modern sales playbook - See how high-performing sales and marketing teams increase pipeline year-over-year. Close more deals with these winning plays!
Lodging Econometrics (LE) has released Q1 hotel development data for the Charlotte, North Carolina, market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC). markets for the largest hotel construction pipeline by project count. markets for the largest hotel construction pipeline by project count.
WASHINGTON—Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar. Asia […] The post CoStar: All Regions Besides Europe Increase Hotel Pipeline Activity appeared first on LODGING Magazine. percent)Final Planning: 87,779 rooms (down 21.9
Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stood at 5,964 projects/693,963 rooms. The pipeline hit record project counts in Q4, with the addition of 260 projects and 21,287 rooms over the last quarter, a 9 percent increase in projects, and a 7 percent increase in rooms year-over-year (YOY).
With a new focus on global market diversification, the three-year pipeline over 285 new hotels and almost 47,000 keys will see the addition of more than 100 properties in Asia, more than 60 in the Middle East and Africa, and 40 in Australia and New Zealand.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline.
which is expected to add over 9,000 rooms to Marriott’s portfolio by year-end and approximately 1,500 rooms to its pipeline. Marriott International, Inc. announced a long-term licensing agreement with Sonder Holdings Inc.,
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the total global pipeline hit an all-time high for room counts and highlighted an increase in full-service projects at the close of the first quarter.
Transactions of this nature are not uncommon in our industry, and reflect a buoyant and dynamic market, driven by strong investor confidence. Hilton said Adelaide continues to be an important market for the business. The hotel continues to welcome guests and were working to support team members during the planned transition.
Skift Take: India’s booming aviation market coupled with sustained economic growth have made global hospitality titans check into the country with a robust pipeline of hotels over the next five years. Amrita Ghosh Read the Complete Story On Skift
WASHINGTON —With substantial volume in the planning phases, the Americas was the only world region to show an increase in overall hotel pipeline activity, according to year-end data from CoStar. Construction activity was down in every world region except Asia Pacific.
Notably, Brisbane, Perth and the Gold Coast were the only markets to record pre-pandemic rates across all three performance indicators, said CBREs Australian Head of Hotels Research, Ally Gibson. On the supply front, a total of 1,800 rooms were added to the market with delays and pipeline shifts pushing some planned hotel openings to 2025.
With almost 500 luxury and lifestyle hotels in the pipeline, including the latest announcement for NoMad Detroit revealed at this week’s (June 2) NYU International Hotel Investment Forum, Hilton continues to demonstrate the momentum and opportunity for its brands in this segment of the market.
This accelerated pipeline reflects the dedication and hard work of our exceptional teams worldwide, strengthening our networks consistency, redefining our brand identity, and elevating our brand promise. 2024 has been a milestone year for our brands, marking unprecedented development momentum, said Bailly.
SHANGHAI, China—IHG Hotels & Resorts recently announced Holiday Inn Express has surpassed 500 hotels in operation and pipeline in Greater China, marking a milestone for the upper midscale brand. Leveraging its offerings in ROI for owners, Holiday Inn Express has garnered attention from owners and investors since entering the market.
Australia has always been a key market for our Sofitel and MGallery brands, home to several flagship properties such as Sofitel Darling Harbour and MGallery Manly Pacific, winner of the Prix de Versailles, said Bailly.
Yet, many in-house marketers in the hospitality industry are still forcing generic systems to do a very specific job. Marketing Metrics That Matter Another overlooked win? When your systems are built for your exact workflow, your team moves faster, your communication improves, and your marketing becomes more strategic.
Hilton (NYSE: HLT) today announced an agreement with Adventurous Journeys Capital Partners (“AJ Capital”) to acquire the fan-favorite Graduate Hotels® brand, adding a significant growth opportunity for the global hospitality leader in the fast-growing lifestyle hotel market.
BWH Hotels introduced its @HOME by Best Western brand in 2022 and has built a robust pipeline of more than 40 new-build hotels. Options Not Mandates @HOME by Best Western was designed with a key principle—options, not mandates. “We
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