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U.S. Hotel Construction Pipeline Kicks off Q1 2024 with Growth and Record&Highs
2024-04-24 19:54:17| Hotel Resource
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all&time high represents a 9% year&over&year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
Category:
Hospitality
LATEST NEWS
Prime Investment Properties Negotiates the Sale of the Historic Virginian Hotel, Medicine Bow, WY
2024-04-24 03:53:02| Hotel Resource
Dan Emert, Managing Principal of Prime Investment Properties and member of Hotel Brokers International, developed the marketing strategy and led the negotiations in the transaction. The Virginian Hotel has been acquired by JET Hospitality for an undisclosed price.
Category:
Hospitality
Hotel Marketing Podcast Episode 256 & Key Takeaways From The 2024 Hotelier Sentiment Study
2024-04-23 23:53:34| Hotel Resource
Hoteliers face an onslaught of challenges every single day. That's why we compiled the 2024 Hotelier Sentiment Study where we uncovered the top concerns of hoteliers just like you. On this episode, we go through the data and discuss the top 4 takeaways.
Category:
Hospitality