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Performance

The Americas and Asia Pacific show growth in hotel pipeline activity

Two of the world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the second quarter, according to June 2024 data from CoStar. CoStar is a leading provider of online real estate market...

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The Americas and Asia Pacific show growth in hotel pipeline activity19 July 2024STRSupply Construction
The Americas and Asia Pacific show growth in hotel pipeline activity
Performance

U.S. hotel construction activity highest since February 2023

The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets...

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U.S. hotel construction activity highest since February 202318 July 2024STRSupply Construction
U.S. hotel construction activity highest since February 2023
Jacksonville, FL Supports a Robust Hotel Development Pipeline Despite Economic Uncertainty
Opinion

Jacksonville, FL Supports a Robust Hotel Development Pipeline Despite Economic Uncertainty

While many U.S. markets have experienced a slowdown in hotel development amid rising construction costs, increasing financing costs, and general uncertainty, the greater Jacksonville market area has continued to support a robust hotel development pi...

Hannah McManus
Hannah McManus
Project Manager, Tampa
HVS
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Hannah McManus
by Hannah McManus
18 July 2024HVSSupply Construction
Jacksonville, FL Supports a Robust Hotel Development Pipeline Despite Economic Uncertainty
Performance

Spotlight on Hotel Development in Charlotte, NC

Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte, NC market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC).The Q1 2024 LE Market Trend Report for the Charlotte market highlights t...

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Spotlight on Hotel Development in Charlotte, NC19 June 2024Lodging EconometricsSupply Construction
Spotlight on Hotel Development in Charlotte, NC
Performance

Middle East Hotel Construction Pipeline Rises to 612 Projects/144,222 Rooms at Q1 2024

The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year-over-year (YOY).

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Middle East Hotel Construction Pipeline Rises to 612 Projects/144,222 Rooms at Q1 202415 May 2024Lodging EconometricsSupply Construction
Middle East Hotel Construction Pipeline Rises to 612 Projects/144,222 Rooms at Q1 2024
Press Release

Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows

Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China’s construction pipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3...

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Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows14 May 2024Lodging EconometricsSupply Construction
Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows
Press Release

Asia Pacific Excluding China Hotel Construction Reaches New Highs with 13% Year-Over-Year Project Count Growth

As seen in the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms. This new ...

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Asia Pacific Excluding China Hotel Construction Reaches New Highs with 13% Year-Over-Year Project Count Growth10 May 2024Lodging EconometricsSupply Construction
Asia Pacific Excluding China Hotel Construction Reaches New Highs with 13% Year-Over-Year Project Count Growth