Beyer Brown’s Post

Bisnow published an article highlighting the record number of new hotel #construction projects in the pipeline for the coming year. In fact, there were 5,964 projects in the construction pipeline at the end of 2023, expected to bring 693,963 new #hotel rooms across the country, according to a new report from Lodging Econometrics. To learn more: https://bit.ly/49yLgzT

The New York market ranked seventh among the top 50 U.S. markets for newly opened hotels in the first quarter of 2024. Lodging Econometrics Read more- https://lnkd.in/gcSDUnqf #USHotelConstructionPipeline #NewYorkMarket #Q12024MarketTrendReport #HotelsInNewYork #USHotelIndustry

The latest data from Lodging Econometrics reveals record highs in projects and rooms for the U.S. pipeline through the first quarter. #hotelinvestmenttoday #hotel #hospitalitynews #hotelnews #hospitalityindustry #hospitality #hotelpipeline

The latest data from Lodging Econometrics reveals that the overall hotel construction pipeline has remained relatively unchanged, year-over-year. #hotelinvestmenttoday #hotel #hospitalitynews #hotelnews #hospitalityindustry #hospitality  

In the ever-changing landscape of the U.S. hospitality industry, the Q4 2023 U.S. Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. Read on. #hospitalityindustry #hospitality #hotels

The Q1 2024 U.S. Hotel #construction Pipeline Trend Report from Lodging Econometrics indicates hotel projects have reached an all-time high, representing a 9% year-over-year increase in projects. There are currently over 6,000 projects in the pipeline. Find out more in Building Design+Construction Media https://ow.ly/ZmHC50RAtky

According to HotelNewsResource.com, the future of US hotel construction looks bright! This promising trend is great news for the construction market, offering new opportunities for growth and innovation. #HotelConstruction #ConstructionGrowth #HospitalityIndustry #BuildingInnovation

As seen in the Q2 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and an 8% YOY increase in rooms compared to Q2 2023 totals. https://lnkd.in/gFQjzT_V

The latest data from Lodging Econometrics also shows that renovation and conversion activity has hit record highs. #hotelinvestmenttoday #hotel #hospitalitynews #hotelnews #hospitalityindustry #hospitality #hotelconstruction

LE's latest contribution to Hotel Investment Today explores hotel development activity in the U.S. Read it below: https://bit.ly/3AtLefO #UnitedStates #Hotel #Development #Construction #Renovation #Conversion #Forecast