Hotel Online  Special Report
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  Record Hotel Profits Forecasted Amid Aftermath of Hurricanes
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Chicago, IL.  November 7, 2005 - Hotel-Online and BuildCentral have added or updated 42 hotel projects in the last two weeks to the New Hotel Construction Projects database.

Notable projects entered in the last two weeks include:

  • Renaissance Orlando Resort at SeaWorld Makeover, Orlando  FL
  • InterContinental Chicago Hotel Tower, Chicago  IL
  • La Quinta Inn & Suites, Granbury  TX
  • Waterfront Mixed-Use Development, South Portland  ME
  • Hotel and Casino, Romulus  MI
  • Harlem Marriott, New York  NY
  • Hotel and Indoor Waterpark, Shipshewana  IN
  • Prestige Park, Green Bay  WI
  • Bluff Walk Hotel and Conference Center, Lynchburg  VA
  • Fairfield Metro Center, Fairfield  CT
Lodging Econometrics reported late October that the hotel industry is in the third year of economic recovery and that it is still on pace for record profit growth in both '06 and '07. This forecast takes place amid a time of rising construction costs due to the aftermath of recent hurricanes. The southeastern states of Florida, Georgia, and Louisiana, which were affected or are near affected hurricane areas, accounted for 21% of the reports entered in the New Hotel Construction Projects database.

Each report provides a detailed profile of the project, including construction schedule, location, value, latest developments, and the key contacts. Service providers and products suppliers use this information to gain access to decision makers at the precise time they are most likely making their purchasing decisions.

New project reports are added to the database daily and subscriptions start at only $39.95 month.  For more information or a free trial, visit http://hotels.buildcentral.com.

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Contact:

Bill Lidman
BuildCentral, Inc.
http://hotels.buildcentral.com
blidman@buildcentral.com

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Also See: Cendant Corporation Acquiring the Wyndham Hotel Brand and Franchise System for $100 million in Cash; Includes 82 Franchise Agreements and 29 Hotel Management Contracts / September 2005
Peter Strebel Named President of Wyndham Worldwide; Jean Thomas Named EVP and Chief Marketing Officer for Cendant's Just Acquired Brand / October 2005

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