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Upper-Midscale Hotels Most Popular in Construction Pipeline

Analysts at Lodging Econometrics (LE) report that upper-midscale hotel projects are currently the most popular in the construction pipeline. With 2,067 projects/205,662 rooms, the category has the largest project count of any chain scale in the total pipeline. The second largest category is upscale, ...

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My Place Breaks Ground on Four Franchises in One Week

My Place Breaks Ground on Four Franchises in One Week

Aberdeen, S.D.—My Place Hotels of America—a recently-launched extended stay hotel brand—announced that it will be breaking ground on four new franchises across the country this week. My Place President and CEO Ryan Rivett is currently leading a delegation from Las ...

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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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Songy Highroads to Develop Hyatt House Nashville

Songy Highroads to Develop Hyatt House Nashville

Atlanta-based developer Songy Highroads is the latest to enter Nashville’s booming hotel market with Hyatt House Nashville West End. The 15-story extended-stay hotel will be built in the city’s Midtown neighborhood—just one block away from Vanderbilt University, Saint Thomas Medical, ...

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