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U.S. Hoteliers Watch China’s Travel Habits

Paying attention to how Chinese travelers are affecting the global hospitality industry is becoming more important for U.S. hoteliers. As China’s middle class expands their travel frequency and spending habits, hoteliers plan to attract this growing market by updating businesses ...

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Global Hotel Pipeline Shows Steady Increase

Global Hotel Pipeline Shows Steady Increase

PORTSMOUTH, NH—Lodging Econometrics’ (LE) Global Construction Pipeline Trend Report shows that in the first quarter of 2017, the total pipeline ended with 11,904 projects and nearly 2 million rooms, up 6 percent by projects year-over-year (YOY). The number of projects under construction globally was 5,496 ...

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China’s Pipeline Is Steady

PORTSMOUTH, NH—Analysts at Lodging Econometrics (LE) reported that projects in the China construction pipeline total 2,441 with 534,285 total rooms, down just seven projects year-over-year (YOY). Projects currently under construction total 1,722 with 360,379 rooms, down 4 percent by projects YOY. The number of projects scheduled to start construction in ...

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Shimao and Starwood Capital Group’s Joint Venture

A leading Chinese property developer and operator has partnered with Starwood Capital Group to launch a joint hotel venture in China. The developer, Shimao Property Holdings, will own 51 percent of the venture, with Starwood owning 49 percent. The partners ...

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Why Chinese Investors Are Enticed by U.S. Hotels

Why Chinese Investors Are Enticed by U.S. Hotels

In the last five years, Chinese investors have poured billions of dollars into the U.S. real estate market. Amid concerns over economic uncertainty and a weakening currency, many Chinese investors continue to look overseas to diversify their portfolios. Given the ...

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