Path Construction’s Post

The hospitality industry surpassed an all-time high in construction projects to end the year. Over 140,000 rooms had been built in Q4 of 2023. Read more about the record breaking quarter in a recent article by Hotel Business! #Hotel #Hospitality #HotelBusiness #TravelTrends #ShopTalk https://buff.ly/3SsVI4H

Lobby is almost done at the Hotel we are doing in Miami , Florida. #hotelservices #hotelrenovation #hotelconstruction #hotelinteriors #hotelforsale #hotel #hotelinvestments #hotelfurniture #hotelsupplies #multifamilyconstruction #multifamily #propertymanagement

When investing in hotels there are few decisions with as big an impact on performance as picking the right operator and brand, on the right terms. Given the duration and impact of HMAs, leases and franchises, getting the right commercial and legal terms, and asset management provisions is critical to protecting and creating value. With KaiSiang Cho, Kuraudo Ohashi, Roopa George, Tao Zhou (周涛), Ross Beardsell and Camilla Tamburini leading our JLL operator selection practice across AP, we have 25+ selection processes/RFPs/negotiations running for owners today. Globally we closed 60+ HMAs and leases in 2023 and we are constantly comparing notes with Heidi Schmidtke, Tim Marvin and their teams in Europe and the Americas (thanks for the late night calls...) to help craft the most impactful operator agreements and partnerships in AP. #hotel #hotelinvestment #HMA #leases

There will be a significant reduction in the number of hotel rooms on the #LasVegasStrip this year. However, an impact on hotel performance isn't expected. Big swings in hotel additions and closures/demolitions are not uncommon in this destination. Thank you, Michael Petrivelli, for including insights on the impact of the closures on retail. #hotelpipeline #hotelconstruction #LasVegas

It's clear that hotels which consider adding detached villas and suites are positioning themselves to attract consumers seeking unique and private accommodations. This trend not only meets the demands of luxury travelers but also presents an opportunity for cost-effective construction through modular building techniques. #HospitalityNews #HotelRenovation #ModularConstruction

Make your hotel website a standout success with Retvens. From design to functionality, we’ve got you covered. Get started today! #Retvens #Retvensservices #Hotel #Hospitality #WebsitePromotion #OnlinePresence

What’s important for your business? If you like to reduce operational expense, maximize revenues and gain market share with the #1 loyalty program, #WyndhamRewards with over 108 million members, let’s connect to discuss a partnership. #Upscalebrands #WyndhamHotels #WyndhamGrand, #TrademarkCollection #DolceHotels #RegistryCollection.

Property Transition: Transforming a Property into a Beautiful Hotel #shorts #bookdirect #directbooking #transition #property #rentalproperty #hotel #propertymanagement #hospitality #shorttermrental #boostly #boostlyuk Mark Simpson 🚀

I'm really passionate about the topic of bringing the true essence of HOSTING back to hospitality. In my opinion, we have gotten carried away with modernity and it's time to bring balance to the way we create hotel experiences. 📽 on stage at The Boutique Hotel Investment Conference by BLLA - Boutique Lifestyle Lodging Association #boutiquehotelinvestment #hoteliers #hotelinvestment #commercialrealestate #hoteltechnology #hospitalitytechnology

There are 3,367 rooms in 25 hotels under construction in Oregon and Washington. The types of hotels under construction differ from national trends. In the Pacific Northwest, most of the hotels under construction are independent. In the U.S., most hotel rooms under construction are select-service hotels in the upscale and upper-midscale classes. The 1,104 independent hotel rooms under construction in the Pacific Northwest represent a 2% increase in existing independent hotel room inventory, which is in line with the total U.S. independent hotel inventory increase.