The Americas, Asia Pacific and EMEA Are the Top World Regions in the Global Hotel Construction Pipeline
Lodging Econometrics | June 20, 2018
June 20, 2018 – PORTSMOUTH, NH – Lodging Econometrics (LE) has released its global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, where currently the regions by project count are: The Americas with 6,268 projects/800,298 rooms, Asia Pacific with 4,205 projects/907,867 rooms and EMEA with 2,241 projects/430,837 rooms. The top countries by project count are the United States with 5,255 projects/636,274 rooms and China with 2,481 projects/546,424 rooms. The U.S. accounts for 41% of the projects in the global pipeline while China accounts for 20%, resulting...
The Middle East and Africa Hotel Construction Pipelines Continue to Grow
Lodging Econometrics | June 7, 2018
June 7, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Construction Pipelines for the Middle East and Africa continue to grow resulting in 875 Projects/216,045 Rooms combined, according to LE's recent Trend Report. The Total Middle East Pipeline has 594 Projects/170,490 Rooms and is up 23% by rooms Year-Over-Year (YOY). This is the 16th consecutive quarter of pipeline growth seen by the Middle East. In the Middle East, there are 358 Projects/113,830 Rooms Under Construction, up 13% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 127 Projects/31,752 Roo...
Global Construction Pipeline Up 6% by Projects YOY for First Quarter
Lodging Econometrics | June 26, 2017
June 27, 2017 – PORTSMOUTH, NH Lodging Econometrics' (LE) Global Construction Pipeline Trend Report states that the Total Pipeline ended the first quarter with 11,904 Projects/1,974,439 Rooms, up 6% by projects Year-Over-Year (YOY). There are 5,496 Projects/1,009,227 Rooms Under Construction, up 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 3,753 Projects/532,814 Rooms, are up a strong 17% while projects in Early Planning at 2,655 Projects/432,398 Rooms are down 2% by projects. The leading franchise companies in the Global Construction Pipeline by project-count are: Marriott Internation...
New York City Takes Top City in the Global Hotel Construction Pipeline Trend Report with 190 Projects
Lodging Econometrics (LE) | December 22, 2016
December 22, 2016 – PORTSMOUTH, NH According to the Global Hotel Construction Pipeline Trend Report published by Lodging Econometrics (LE), the top Global cities with the largest pipelines by project-count are: New York City with 190 Projects/31,194 Rooms, Houston with 169 Projects/19,885 Rooms, Seoul with 159 Projects/31,233 Rooms, Dallas with 131 Projects/15,819 Rooms, and Nashville with 123 Projects/15,743 Rooms. Jakarta with 20,885 rooms and Dubai with 33,053 rooms both have 118 projects, followed by Shanghai with 109 Projects/22,071 Rooms. ...
Be Prepared – This Is Not a Test!: AF&Co’s 2017 Trends Report
Andrew Freeman & Co. | November 17, 2016
San Francisco, CA (November 16, 2016) –As Andrew Freeman & Co. (AF&Co.) celebrates its 11th Anniversary as one of the country's leading boutique hospitality and restaurant consulting firms, the team is excited to release the 2017 trends report, Be Prepared – This Is Not A Test – a preview of the hottest trends and predictions that will shape the hospitality industry in 2017. This comprehensive annual report identifies key influences in hospitality marketing, hotels, food and beverage for the coming year. As we look towards the coming year, the forecast for the restaurant and hotel industry is a little cloudy. P...
US Hotels Selling at Record Highs with Average Selling Price Per Room (ASPR) of $165,303
Lodging Econometrics | December 1, 2015
Dec. 1, 2015 - PORTSMOUTH, NH - According to a recent United States Transactions Trend Report from Lodging Econometrics, through September there were 827 hotel sales with reported selling prices with an Average Selling Price Per Room (ASPR) of $165,303, an all-time high. The ASPR is 11% higher than the $148,658 recorded for year-end 2014. The 2015 ASPR is strongly influenced by five transactions that have sold for more than $1,000,000 per room: in New York City the Baccarat at $2.0 million and the Waldorf Astoria at $1.4 million per room; in California the Malibu Beach Inn at $1.7 million per room and the Montage at Laguna Beach and the...
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