China’s Luxury Hotel Construction Peaks In Q3 2024 Amid Surging Demand
China’s upscale hotel development hit a record high in Q3 2024, driven by growing demand and new projects, with key cities leading the expansion.
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APEC hotel openings and pipelines hit new highs in 2024
As the region continues its upward trajectory, India, Vietnam, and Indonesia lead the way, setting the stage for further growth in the coming years.
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Latin America’s hotel and tourism sector is gaining momentum
Lodging Econometrics’ latest report shows a thriving hospitality industry in Latin America, with 642 construction projects and 104,513 rooms underway as of Q3 2024.
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The global hotel industry is experiencing a significant surge in development, with the United States and China at the forefront. According to Lodging Econometrics’ (LE) Q2 2024 Global Construction Pipeline Trend Report, the worldwide hotel…
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Steady growth in Vietnam’s tourism attracts interest from international hotel companies
Tourism in Vietnam has been witnessing steady improvement since the past two years. With its stunning beaches, tropical forests, rice terraces and verdant islets, the South East Asian country has something for everyone…
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LE: Global construction pipeline at all-time high room count
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the…
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Room Growth Lags for Meeting-Focused Hotels
While the pace of construction for new hotel rooms nationwide is at an all-time high, business-event planners won’t get relief from high demand and rates in the hotel segment they use the most.
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LE to present hotel development pipeline data at Hotec Ops
Bruce Ford, SVP and director of global business development at Lodging Econometrics, will present a U.S. hotel development pipeline overview with forecasts at the Hotec Operations 2024 event.
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Global Hotel Pipeline Reaches Record High
The number of projects in the global hotel construction pipeline at the end of 2023 reached nearly 15,200, up 7 percent year over year and a record high, according to a new Lodging Econometrics report…
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Global Hotel Construction Pipeline Rose 3% YOY in Q2
Portsmouth, NH, August 31, 2023-In the Q2 2023 global construction pipeline trend report from Lodging Econometrics (LE) analysts state that the total global construction pipeline stands at 14,572 projects/2,310,238, up 3% year-over-year (YOY) by…
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