hotel construction
The Cordish Companies Celebrates ‘Topping Off’ for New $270+ Million Live! Casino & Hotel Louisiana Project
Live! Casino & Hotel Louisiana | July 18, 2024
World-Class Gaming, Hotel, Dining, and Entertainment Destination to Feature First Land-Based Casino in Shreveport-Bossier Market New Development Projected to Generate More Than $200 Million in City and State Gaming Tax Revenue in First Five Years of Operation; Create Approximately 1,500 New Jobs for the Region Property Will Feature 30,000 SF of Best-in-Class Dining and Entertainment Venues Bossier City, LA (July 18, 2024) – LRGC Gaming Investors, LLC, an affiliate of The Cordish Companies, today marked a significant milestone in the construction of the first land-based casino in the Shreveport-Bossier market during the “TOPPING OF...
The Hotel Group Breaks Ground on Home2 Suites by Hilton Kalispell, Montana
The Hotel Group | July 9, 2024
Kalispell, MT – July 9, 2024 - Award-winning hotel management company The Hotel Group ("THG"), an affiliate of Hotel Equities, in partnership with TE Miller Development, LLC., broke ground on the Home2 Suites by Hilton in Kalispell, Montana, promising a high-quality extended stay option coming soon to Northwest Montana. Located at the intersection of US Highway 93 and Rose Crossing, the 107-room Home2 Suites by Hilton Kalispell will be THG’s second hotel in Montana and the Home2 Suites’ third location in the state. “We are excited to bring the Home2 Suites brand to Northwest Montana and to be partnering with TE Miller Developmen...
Sundance Mountain Resort Breaks Ground on The Inn at Sundance
SUNDANCE MOUNTAIN RESORT | June 14, 2024
From enhanced skier experiences to new accommodation, the next act in the Sundance story balances progress and preservation Sundance, UTAH (June 14, 2024) – Sundance Mountain Resort broke ground on the forthcoming Inn at Sundance Resort, commencing a new era for the famed property. Projected to open in 2025-26, the new 63-room, ADA-accessible inn at the resort’s base village will satisfy a long-awaited need for the renowned destination. Inn at Sundance – the flagship project of the Sundance Mountain Resort’s Act II era – continues the legacy upheld by its iconic founder Robert Redford, and its new ownership group. This next chap...
Great Wolf Lodge Celebrates “Topping Out” Milestone for Mashantucket Resort in Connecticut
Great Wolf Resorts, Inc. | June 13, 2024
The first Great Wolf Lodge in Connecticut is now accepting reservations for summer 2025. MASHANTUCKET, Conn.. – (June 13, 2024) – Great Wolf Lodge Mashantucket reached a significant milestone today as Turner Construction hoisted the final beam needed to complete vertical construction into place for the family-friendly indoor water park resort. Now, Turner, along with Neuman Pools and ID3 Group, will focus on completing the elaborately themed interior portions of the resort, including all 549-guest suites, the 91,000-square-foot indoor water park and 61,000-square-foot Great Wolf Adventure Park, along with the various eateries a...
Everhome Suites Expands in the Northeast With Three New Groundbreakings in New Hampshire, New Jersey, and New York
Everhome Suites®: Closer to Home | June 6, 2024
Choice Hotels continues to strengthen its leadership position in extended stay with Everhome Suites' growth NORTH BETHESDA, Md., June 6, 2024 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, continues to expand its Everhome Suites brand with recent groundbreakings in Portsmouth, New Hampshire; Rochester, New York; and Somerset, New Jersey, developed in collaboration with Highside Companies. The extended stay demand fundamentals make these locations an ideal fit for the Everhome Suites midscale brand, catering to both business and leisure travelers. Within the category, Choice has nearly ...
New York Market Leads U.S. With Number of Hotels Under Construction in Q1 2024
Lodging Econometrics (LE) | May 29, 2024
May 29, 2024 – PORTSMOUTH, NH – Lodging Econometrics (LE) releases the latest on hotel development for the New York, NY market, prior to the NYU International Hospitality Industry Investment Conference (NYU Conference). In the Q1 2024 LE Market Trend Report for the New York market, analysts report the market has a total of 78 projects/13,549 rooms in the hotel construction pipeline, the tenth largest pipeline by projects of any market in the U.S. Of the top 50 markets in the U.S., the New York market leads with the greatest number of hotels presently under construction standing at 47 projects/7,655 rooms. Projects scheduled to start...
Lion Star, Everest Place, and Paramount Announce Plans for Nickelodeon Hotels & Resorts Orlando, Opening in 2026
Nickelodeon | May 24, 2024
MIAMI, FL – MAY 24, 2024 – Lion Star, Everest Place, and Paramount have unveiled their partnership to bring to life the much-anticipated Nickelodeon Hotels & Resorts Orlando in Kissimmee, Florida. Slated to open in 2026, this resort will be located in the Everest Place development and expertly operated by Lion Star Hospitality Inc., the exclusive US licensee for Karisma Hotels & Resorts, welcoming guests to explore a world of limitless fun and boundless opportunity. Boasting over 400 hotel rooms and condo units combined, Nickelodeon Hotels & Resorts Orlando will showcase uniquely themed accommodations, including ...
Middle East Hotel Construction Pipeline Rises to 612 Projects/144,222 Rooms at Q1 2024
Lodging Econometrics (LE) | May 15, 2024
May 15, 2024 – PORTSMOUTH, NH – The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year-over-year (YOY). At Q1 2024, projects currently under construction stand at 302 projects/80,589 rooms. Projects scheduled to start construction in the next 12 months stand at 133 projects/30,447 rooms, up 28% by projects YOY and 24% by rooms YOY. Projects in the early planning stage stand at 177 projects/33,186 rooms, up 18% by projects and 12% by rooms YOY. New project announce...