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Five Cities With the Largest Hotel Construction Pipelines

Dalllas, Texas
Portsmouth, N.H. — According to the Q3 2019 construction pipeline trend report published by Lodging Econometrics (LE), the total pipelines for the top 25 markets account for 39.7 percent of all pipeline rooms. When built out, they represent a potential growth rate of 15.9 percent over all existing open and operating rooms. While overall supply growth has risen to...

NewcrestImage Breaks Ground on New Headquarters

NewcrestImage has started construction on an 80,000 sq. ft., four-floor building in Grapevine, Texas, about two miles from DFW Airport. The company’s headquarters office will occupy about a quarter of the building when it is completed in 10 to 12 months, with the remaining 60,000 sq. ft. available for lease. “Our hotels provide travelers with a comfortable, upscale home on...

Four Guidelines for Managing a Successful Hotel Renovation While Keeping Doors Open

hotel renovation
The reasons for renovating a hotel can vary—repositioning the brand, adding capabilities that make the property more competitive, conducting post-disaster repairs, or simply adhering to prudent periodic maintenance. Whatever the reason, hotels typically plan to stay in operation during rebuilds, so construction must be completed as efficiently as possible with minimal impact on the guest experience. Below are four...

Q2 2019: Leading Companies and Brands in the U.S. Hotel Construction Pipeline

U.S. construction pipeline
In Lodging Econometrics' (LE) Q2 2019 report, the franchise companies leading the United States hotel construction pipeline are Marriott International with 1,469 projects/193,458 rooms, up nine percent by projects and rooms year-over-year (YOY). Next, coming off of last quarter’s all-time high is Hilton Worldwide, currently at 1,372 projects/152,853 rooms, a three percent increase YOY. InterContinental Hotels Group (IHG) follows...

Five U.S. Markets With the Largest Hotel Pipelines

Atlanta - hotel pipelines
PORTSMOUTH, N.H.—At the end of the first half of 2019, analysts at Lodging Econometrics (L.E.) reported the top five U.S. markets with the largest hotel pipelines. In the first half of the year, the United States opened 456 new hotels totaling 53,527 rooms, with another 599 new hotels and 66,300 rooms expected to open by year-end. The top 10 markets in...