Tag: hotels

Construction Processes, Legal

US hotel supply starts to outpace demand

September 8, 2017

Via: Commercial Construction and Renovation

The 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

Hotels embrace place

April 13, 2017

Via: BDCNetwork

The $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 […]

Construction Techniques

U.S. hotel development on the rise

October 17, 2016

Via: Commercial Construction and Renovation

Construction 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 […]