The Global Hotel Construction Pipeline Tops 11,000 Projects

April 6, 2016 – PORTSMOUTH, NH – According to the latest Global Construction Pipeline Trend Report from Lodging Econometrics (LE), the worldwide Pipeline is at 11,130 Projects/1.9 million Rooms, the highest level LE has ever recorded. The Global Pipeline is up 9% Year-Over-Year (YOY) by both projects and rooms, led by significant growth in the [...]

U.S. Hotel Performance for Week Ending 2 January 2010

The U.S. hotel industry reported increases in occupancy and revenue per available room during the week 27 December 2009-2 January 2010, according to data from STR. This is the first week in which two of the three key performance metrics were positive since the week ending 20 December 2008.
In year-over-year measurements, the industry’s occupancy increased [...]

Increased foreign investment expected in US in 2010

espite being battered by one of the worst slumps in history, the U.S. hotel sector should expect to see an increase in foreign investment in 2010, experts said.“There hasn’t been so much foreign investment in the U.S. over the last couple of years because there has been such strong liquidity in local markets,” said Mark [...]

STR reports US hotel pipeline for December 2009

The total active U.S. hotel development pipeline includes 3,829 projects comprising 401,090 rooms, according to the December 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 34.6-percent decrease in the number of rooms in the total active pipeline compared to December 2008. The total active pipeline data includes projects in the In Construction, [...]

US and UK hotels continue to suffer

Hotel room rates, occupancy levels and revenues in both the US and the UK continued to fall for the last three months of the year.
In the US, average daily rate slumped 5.9 percent in the week 6-12 December compared to the same period in 2008 to $96.04, according to data from STR.
The industry’s occupancy level [...]