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Press Release

Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 2018

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms. The region boasts an impressive...

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Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 201823 February 2024Lodging EconometricsSupply Construction
Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 2018
Press Release

China’s Hotel Construction Pipeline Ends 2023 with Record-Breaking Project and Room Counts

According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline reached a new all-time high by projects for the second quarter in a row at Q4 2023. With a 6% year-over-year (...

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China’s Hotel Construction Pipeline Ends 2023 with Record-Breaking Project and Room Counts15 February 2024Lodging EconometricsSupply Construction
China’s Hotel Construction Pipeline Ends 2023 with Record-Breaking Project and Room Counts
Press Release

Asia Pacific, excluding China, Hotel Construction Pipeline Surges to Record Highs in Q4 2023

According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the Asia Pacific excluding China (APEC) increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a rec...

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Asia Pacific, excluding China, Hotel Construction Pipeline Surges to Record Highs in Q4 202312 February 2024Lodging EconometricsSupply Construction
Asia Pacific, excluding China, Hotel Construction Pipeline Surges to Record Highs in Q4 2023
Press Release

Nearly 50% of Latin America’s Hotel Construction Pipeline Now Under Construction

According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects a...

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Nearly 50% of Latin America’s Hotel Construction Pipeline Now Under Construction31 January 2024Lodging EconometricsSupply Construction
Nearly 50% of Latin America’s Hotel Construction Pipeline Now Under Construction
Downtown Baltimore Is Poised for Comeback
Opinion

Downtown Baltimore Is Poised for Comeback

According to STR, average hotel rates in the Baltimore Central Business District through year-to-date September 2023 have surpassed 2019 levels by nearly $18, caused by stable demand levels and the impact of inflation. Occupancy has yet to rebound t...

Caroline Dioso
Caroline Dioso
Project Manager, Washington, D.C. at HVS
HVS
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Caroline Dioso
by Caroline Dioso
31 January 2024HVSSupply Construction
Downtown Baltimore Is Poised for Comeback
Press Release

Canada’s Hotel Construction Pipeline Closes 2023 with a 10% Year-Over-Year Project Increase

According to the year-end Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, the country ended 2023 at 294 projects/38,396 rooms, a mere 11 projects short of the country’s peak of 305 projects achieved in Q4 2019. Canada’s pipe...

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Canada’s Hotel Construction Pipeline Closes 2023 with a 10% Year-Over-Year Project Increase30 January 2024Lodging EconometricsSupply Construction
Canada’s Hotel Construction Pipeline Closes 2023 with a 10% Year-Over-Year Project Increase
Press Release

Palladium Hotel Group announces new projects following a year in which it achieved over 1 billion euros revenue

At Spain’s largest travel trade show, FITUR, leading Spanish hotel group Palladium Hotel Group announced that 2023 was a record-breaking year, in which the Spanish hotel management company achieved an annual revenue of over €1 billion. The group has...

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Palladium Hotel Group announces new projects following a year in which it achieved over 1 billion euros revenue25 January 2024Palladium Hotel GroupSupply Construction
Palladium Hotel Group announces new projects following a year in which it achieved over 1 billion euros revenue
IHG continues expansion of Vignette Collection with sixth signing in Thailand
Press Release

IHG continues expansion of Vignette Collection with sixth signing in Thailand

IHG Hotels & Resorts, one of the world’s leading hotel companies, is proud to announce the signing of its sixth Vignette Collection property in Thailand. The beachfront resort along Nai Yang Beach joins IHG Hotels & Resorts’ growing Luxury and Lifes...

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IHG continues expansion of Vignette Collection with sixth signing in Thailand25 January 2024IHGSupply Construction
IHG continues expansion of Vignette Collection with sixth signing in Thailand
Press Release

Sonesta announces first Sonesta ES Suites ground up development

Sonesta International Hotels Corporation (Sonesta) today announced plans for the construction of a new Sonesta ES Suites in Port Charlotte, Florida. This new property, expected to open in Spring 2025, marks the first Sonesta ES Suites brand project ...

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Sonesta announces first Sonesta ES Suites ground up development25 January 2024SonestaSupply Construction
Sonesta announces first Sonesta ES Suites ground up development