September 8, 2017
Via: Commercial Construction and RenovationThe U.S. lodging industry will continue to grow across all major metrics in 2018, but at a slower pace, according to a recent report by CBRE Hotels’ Americas Research. The company forecasts increases in occupancy, average daily room rate (ADR), revenue […]
Construction Processes, Design
April 13, 2017
Via: BDCNetworkThe $12.2 billion merger of Marriott International and Starwood Hotels & Resorts reflects an industrywide consolidation that has placed the keys to millions of the world’s hotel rooms into the hands of a few hospitality companies. But rather than narrowing […]
October 17, 2016
Via: Commercial Construction and RenovationConstruction cost data for new projects was collected in 2015 in order to form the basis of the mean and median of the construction cost components. Data derived from published sources and industry indexes, as well as information obtained from […]