Tag: construction
Forecast for New Hotel Construction
For the remainder of 2017, analysts at Lodging Econometrics (LE) forecast another 868 projects/97,386 rooms to open for a total of 1,080 hotels/121,508 rooms...
Three Companies Comprise 65 Percent of the Hotel Construction Pipeline
According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines by rooms in the first...
Marriott has the Largest Construction Pipeline of Any Franchise Company
Marriott International currently has the largest and most active pipeline by room-count of any franchise company with 163,063 rooms across 1,264 projects, according to...
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...
Marriott Expands Modular Hotel Construction
BETHESDA, Md.—Marriott International unveiled plans to expand its modular hotel construction initiative in North America—a first for the industry. The company expects to sign...