Finance and Development, Real Estate
March 3, 2023
Via: Hotel News ResourceHotels are a vital part of New York City’s economy, accounting for approximately $13 billion of revenue per year. In recent years, however, the City Planning Commission has adopted certain amendments to New York City’s Zoning Resolution in an attempt […]
Finance and Development, Real Estate
February 27, 2023
Via: Hotel News ResourceLodging Econometrics (LE) has released its Q4 year-end Global Construction Pipeline Trend Report. At the close of 2022, LE analysts state that the total global construction pipeline stands at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms. The […]
Finance and Development, Real Estate
February 23, 2023
Via: Hotel News ResourceAccording to the Q4 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, LE analysts report that the hotel construction pipeline in the region stands at 549 projects/143,637 rooms. Hotel development in […]
Finance and Development, Real Estate
February 9, 2023
Via: Hotel News ResourceAccording to the Q4 2022 Construction Pipeline Trend Report for the Asia Pacific region, excluding China, from Lodging Econometrics (LE), the region’s total construction pipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms year-over-year (YOY). […]
Finance and Development, Real Estate
February 9, 2023
Via: Hotel News ResourceIn the recently released China Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that the country’s total hotel construction pipeline, at the close of the fourth quarter, stands at 3,581 projects/675,074 rooms. At the close of 2022, hotel […]
Finance and Development, Real Estate
February 2, 2023
Via: Hotel News ResourceThe price of hotels showed strength in all regions except the South Atlantic this quarter, with all regions except New England experiencing double-digit growth year over year. Hotels in non-gateway cities posted higher quarterly and yearly gains relative to gateway […]
Finance and Development, Real Estate
February 2, 2023
Via: Hotel News ResourceHyatt Hotels Corporation (NYSE: H) today announced the completion of the Dream Hotel Group lifestyle hotel brand and management platform acquisition, bringing a portfolio of lifestyle hotel brands – including Dream Hotels, The Chatwal and Unscripted Hotels – into the […]
Finance and Development, Real Estate
February 1, 2023
Via: Hotel News ResourceKSL Capital Partners, LLC today announced that an affiliate has acquired the Martin Resorts Collection of five independent boutique hotels along California’s Central Coast, midway between Los Angeles and San Francisco. The collection includes Avila Lighthouse Suites in Avila Beach; […]
Finance and Development, Real Estate
February 1, 2023
Via: Hotel News ResourceAccording to the Q4 2022 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), LE analysts report that Canada’s total construction pipeline stands at 267 projects/35,758 rooms, up 2% by projects and 1% by rooms year-over-year (YOY). At […]
Finance and Development, Real Estate
January 25, 2023
Via: Hotel News ResourceAccording to the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. […]
Finance and Development, Real Estate
January 23, 2023
Via: Hotel News ResourceNew hotel openings in California shot up in 2021 as projects delayed by the pandemic came to fruition, but then dropped just as sharply in 2022 amid challenging development conditions. Atlas Hospitality Group’s California Development Survey 2022 Year-End reports that […]
Finance and Development, Real Estate
January 23, 2023
Via: Hotel News ResourceIn the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms […]
Finance and Development, Real Estate
November 29, 2022
Via: Hotel News ResourceHyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels brands, with properties […]
Finance and Development, Real Estate
November 21, 2022
Via: Hotel News ResourceAccording to the Q3 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,660 projects/258,476 rooms. Projects under construction in Europe stand […]
Finance and Development, Real Estate
November 14, 2022
Via: Hotel News ResourceBaglioni Hotels & Resorts, the leading Italian hotel company with presence in Rome, Florence, Milan, Venice, Sardinia, Apulia, London and Maldives, announced a strategic financial partnership with the Mexican company Palace Resorts. This structured initiative includes Palace Resorts becoming the […]
Finance and Development, Real Estate
November 10, 2022
Via: Hotel News ResourceDuring the third quarter, Choice Hotels International, Inc. (NYSE: CHH) signed an agreement with Noble Investment Group (Noble) to develop nine WoodSpring Suites hotels in Georgia and South Carolina over the next two years, signaling increased institutional interest in the […]
Finance and Development, Real Estate
November 8, 2022
Via: Hotel News ResourceAccording to the recent Hotel Construction Pipeline Report for Canada by Lodging Econometrics (LE), LE analysts report that in the third quarter of 2022 the total construction pipeline in Canada stands at 263 projects/34,825 rooms, up 2% by projects and […]
Finance and Development, Real Estate
October 28, 2022
Via: Hotel News ResourceAccording to the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects is Dallas with a record high count of 174 projects, accounting for 20,676 rooms. […]
Finance and Development, Real Estate
October 26, 2022
Via: Hotel News ResourceAccording to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY). At the close of Q3, […]
Finance and Development, Real Estate
September 28, 2022
Via: Hotel News ResourceThe RADCO Companies (RADCO) has acquired three new hotels in the Gulf of Mexico resort community of Panama City Beach, FL. The properties add 281 new Marriott and Hilton rooms to RADCO’s fast-growing Hospitality Division. Additional terms of the deal […]