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Tag: hotel


News

How travel demand will impact the hotel sector in 2024

January 5, 2024

Via: Construction Dive

Strong group and international travel demand will drive domestic hotel performance growth in 2024, resulting in positive investment fundamentals, hospitality-focused investment firm Newbond Holdings predicts. Ian Gaum, partner at the New York City-headquartered firm, told Hotel Dive he expects “broad-based […]


Construction Processes, Design

Post-pandemic: How COVID-19 will change office, hotel and mixed-use design

January 25, 2021

Via: Construction Dive

As the U.S. enters the mass vaccination phase of the novel coronavirus pandemic, the physical threat of COVID-19 could soon be behind us. Those in the construction industry, however, will likely see reminders of the virus in their daily work […]


Sustainability

Report: Q1 hotel construction pipeline strong despite pandemic

May 5, 2020

Via: Construction Dive

Although Lodging Econometrics reported that some hotel owners are taking the opportunity to renovate and reposition their properties while occupancy is low (1,385 projects/232,288 rooms), it noted that it is still too early to determine what the total impact of […]


Construction Processes, Interaction of Expertise, Sustainability

US tops global hotel construction pipeline

October 2, 2019

Via: Construction Dive

The U.S. cities of New York City (166 projects), Dallas (162 projects), Los Angeles (158 projects) and Houston (146 projects) grabbed the largest share of the hotel project pipeline. Globally, four hotel companies made up more than half of construction […]


Construction Processes, Financial

Hotel industry, others see spike in construction labor costs

April 14, 2017

Via: Commercial Construction and Renovation

Hotel developers are working to offset the rising cost of construction labor, driven by the latest post-recession building boom. Sources said that while prices for raw materials have seen relatively stable growth in recent years, a shortage of skilled labor […]