Tag: construction
Extended-Stay Accounts for 27 Percent of All Hotel Construction
A recent report from Lodging Econometrics shows that 1,370 projects totaling 143,344 rooms in the U.S. hotel construction pipeline are extended-stay projects. Of these,...
China’s Construction Pipeline Remains Steady
PORTSMOUTH, NH-Analysts at Lodging Econometrics report that China's construction pipeline has a total of 2,435 projects with 538,836 rooms, up 5 percent since last...
Middle East Hotel Construction Pipeline Grows
Analysts at Lodging Econometrics report that the Construction Pipeline Trend Report for the Middle East states that the total pipeline has 572 Projects/156,420 Rooms,...
Hyatt Hotel at LAX Secures $50 Million in Construction Financing
LOS ANGELES, Calif.–Commercial real estate investment banking firm George Smith Partners arranged $50 million in construction financing for the redevelopment of a 258,000 square-foot,...
Where and When Is Modular Construction Applicable?
The acceptance of “modular construction” is evolving. USA Today announced in June that Marriott has made the decision to strongly support franchisees' use of modular...