Tag: Lodging Econometrics
Canada’s Hotel Construction Pipeline Is Up 11 Percent
According to Lodging Econometrics (LE), the total construction pipeline in Canada currently has 237 projects/29,881 rooms, up 11 percent by projects year-over-year (YOY).
There are...
New Hotel Openings Expected to Grow 2.5 Percent in 2018 and 2019
By the end of 2018, the number of open and operating hotels in the United States is expected to grow by 2.5 percent with...
A Quarter of U.S Hotels Under Construction are Extended-Stay Properties
According to Lodging Econometrics (LE), 1,360 projects/143,379 rooms in the U.S. construction pipeline are extended-stay projects. Of these, 428 projects/47,340 rooms are already under...
Upper-Midscale and Upscale Properties Dominate U.S. Hotel Construction
Analysts at Lodging Econometrics report that together the upper-midscale and upscale hotel construction projects in the United States account for 72 percent of all...
Marriott Expected To Open Nearly a Third of All New U.S. Hotels in 2018
Marriott International's current hotel construction pipeline in the United States has 1,383 projects totaling 177,926 rooms, the largest of any domestic franchise company, according...