Lodging Econometrics

Looking ahead to 2025, LE analysts anticipate an additional 790 new hotels with 85,561 rooms to open in the U.S.,

Τhe renovation and conversion pipeline globally is the highest it has ever been, reaching 3,291 projects/510,584 rooms at the end

The LE forecast for new hotel openings indicates 96 new hotels/18,881 rooms are expected to open in 2024, and 95

LE analysts anticipate a continued strong trend in new hotel openings into 2024, with 348 new hotels and 48,559 rooms

Cities in Latin America with the largest pipelines include Mexico City, Mexico, with 22 projects/2,531 rooms; Lima, Peru, with 14

The city with the most projects in the pipeline is Toronto with a record 65 projects/9,391 rooms, followed by Vancouver

Dallas looks set to maintain its momentum; leading both projects scheduled to start in the next 12 months and early

Notably, the number of combined hotel renovations and brand conversion projects in the U.S. continued its upward growth trend through

This groundbreaking update is poised to revolutionize the user experience, offering access to and understanding of crucial hotel development data

Dubai, with 66 projects/18,787 rooms, continues to dominate the construction pipeline in the UAE at Q3.