Lodging Econometrics: U.S. Hotel Projects Reach All-Time High in Q2 2024
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 were 6,095 projects with 713,151 rooms in the pipeline. This new all-time high represents a 9 percent year-over-year (YOY) increase in projects and an 8 percent YOY increase in rooms compared to Q2 2023 totals. At the close of the second quarter, there were 1,171 projects comprising 147,611 rooms under construction, […]
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Sonesta executes 30 franchise agreements in Q3
Sonesta International Hotels Corporation executed 30 new franchise agreements during the third quart
Leader insights: Balancing workforce management and the guest experience
In this Hot Topics session, “Optimal Profitability: Balancing Labor & Guest Experience,” in
Hot Topics—Employee satisfaction helps keep hotels profitable
In the hotel industry, guest and employee experiences go hand in hand. It’s the property-level tea
