Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches New All-Time High
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stood at 6,211 projects/722,821 rooms,...
CoStar: U.S. Hotel Rooms Under Construction Increases for Seventh Consecutive Month
WASHINGTON—The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s latest September 2024 data.
U.S....
IHG Signs Four New Garner Properties in Europe and the United Kingdom
LONDON—IHG Hotels & Resorts announced the signing of four new Garner properties, extending the brand’s presence across the United Kingdom and Europe. Launched in...
Hyatt Grows Select-Service Pipeline by 25 Percent in the Americas
CHICAGO—Hyatt Hotels Corporation announced growth in its select service pipeline, with an around 25 percent increase in the Americas over the past three years....
Lodging Econometrics: Global Hotel Pipeline Reached Record High Project Counts in Q4 2023
The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the global hotel construction pipeline hit all-time high project...
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Why Alternative Capital Is Key to Unlocking New Development
Securing financing for hotel development continues to remain challenging. Traditional lenders continue to scale back, and those still active are offering significantly lower loan-to-value...
Country Inn & Suites by Radisson Brand Increases Revenue Year-Over-Year
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. has grown the performance of Country Inn & Suites by Radisson in the two years since its combination...
Homewood Suites by Hilton Eatontown Completes Renovation
EATONTOWN, New Jersey—Officials of the 131-suite Homewood Suites by Hilton Eatontown announced the completion of a $5 million renovation, updating the guest experience with...
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