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Global Hotel Construction Pipeline Grows 7 Percent Year-Over-Year

Lodging Econometrics’ Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world, states that the total global pipeline stands at 12,631 projects totaling 2,127,794 rooms—up 7 percent by projects year-over-year (YOY). The number ...

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Latin America’s Construction Pipeline is Stalling

According to Lodging Econometrics, the number of hotel projects in Latin America’s construction pipeline is down 5 percent year-over-year (YOY) to 831 projects totaling 142,084 rooms. The number of projects under construction is down 9 percent YOY at 374 projects/67,130 ...

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The Asia-Pacific Hotel Pipeline Excluding China is Booming

Lodging Econometrics’ most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the total pipeline for the region has 1,760 projects/362,826 rooms, up 13 percent by projects year-over-year (YOY). Analysts at Lodging Econometrics say these numbers establish a new record ...

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On the Move: This Week’s Comings & Goings

Fred Grapstein has been elected as the new chairman of the Hotel Association of New York City. Grapstein, executive vice president of Vornado Realty Trust’s Hospitality Group, has been a board member of the Hotel Association for more than five ...

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Mid-Market Brands Led Hotel Sales in 2017

According to the recent U.S. Transaction Trend Report from Lodging Econometrics, major mid-market brands had the highest U.S. hotel sales volume in 2017. The data is based on sales with a price reported into the public domain. The Hilton brands with ...

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Six U.S. Markets with the Most Hotel Sales in 2017

According to analysts at Lodging Econometrics, through the end of 2017, the U.S. markets with the largest number of hotels with selling prices reported into the public domain were: Orlando with 21 hotels and an average selling price per room ...

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