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Hotel Construction Pipeline Continues Moderate Growth

PORTSMOUTH, N.H.—Lodging Econometrics reports that the Q1 2017 United States construction pipeline currently stands at 5,032 projects/602,034 rooms, up 13 percent by projects year-over-year (YOY). There are 1,511 projects/197,450 rooms under construction, up by 155 projects YOY or 11 percent. ...

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More Guests Are Seeking “Affordable Luxury”

While luxury hotels may have once been reserved for the wealthiest guests, an increasing number of customers with large disposable incomes are looking to stay at these high-end properties. Guests now have greater access and information to book luxury travel ...

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California Travel Spending Hits Record High

For the last seven years, California has seen growth in its tourism industry. In 2016, traveler spending was more than $126 billion, which grew 3.2 percent from the previous year, according to a report by the state’s tourism marketing agency—Visit ...

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Influx of Hotel Brands Brings Benefits and Challenges

Today’s hotel companies are increasingly expanding their brand portfolios to reach travelers and meet their varying needs. While a large portfolio of offerings and strategies like dual-branded properties provide travelers with greater options, the influx of brands may be complicating ...

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Hotel Technology Driving WiFi Demands

Hotels no longer use WiFi solely for guest entertainment purposes as more internet-dependent amenities are being implemented throughout the hospitality industry. Gadgets like remote key access and robotic housekeeping services increasingly rely on a strong WiFi connection to function properly. ...

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Transaction Activity Remains Flat in 2017

Hotel transaction activity in the U.S. is predicted to stay stagnant in 2017. JLL’s Q4 2016 U.S. Lodging Investment Outlook expected $29 billion in U.S. transaction activity, a repeat of the market’s 2016 performance. The gap between supply and demand ...

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