Lodging Econometrics: Global Hotel Construction Pipeline Reaches Record High
The Q2 2024 Global Construction Pipeline Trend Report by Lodging Econometrics (LE) stated that the total pipeline ascended to a record-high 15,453 projects with 2,395,726 rooms, up 6 percent by projects year-over-year (YOY) and 4 percent by rooms. Worldwide, at the close of the second quarter, there were 6,265 projects/1,115,989 rooms under construction, up 2 percent by projects and 1 percent by rooms YOY. Projects and rooms scheduled to start construction in the next 12 […]
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JLL arranges acquisition financing for Seattle-area Residence Inn
JLL’s Hotels & Hospitality group has secured acquisition financing for the Residence Inn Seatt
Spark by Hilton Brand Opens First Canadian Hotel
TORONTO, Canada, and McLEAN, Virginia—Hilton and JM Hospitality Inc. announced the opening of Spar
The Nittany Lion Inn reopens after renovation
The Nittany Lion Inn at Penn State University, a joint partnership with Rockbridge and Scholar Hotel
