charlotte hotel market
HITEC 2024 Spotlight on Hotel Development in Charlotte, NC
Lodging Econometrics | June 18, 2024
June 18, 2024 – PORTSMOUTH, NH Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte, NC market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC). The Q1 2024 LE Market Trend Report for the Charlotte market highlights that Charlotte has a total of 67 hotel projects and 7,772 rooms in the construction pipeline, positioning it fifteenth among the top 25 U.S. markets for the largest hotel construction pipeline by project count. Within the Charlotte market, at the close of the first quarter, hotels presently under construction stand at 11 projects/1,435 rooms. Projects sched...
Charlotte, North Carolina: Queen City on the Rise
Janet Snyder | July 7, 2023
By Janet Snyder, Courtney Vris While growth in the life sciences, energy, education, and manufacturing industries is contributing to Charlotte’s rise, it’s the financial services/fintech industry that gives the city its power to the throne. Bank of America, Truist Financial, and Wells Fargo all have either a headquarters office or a regional hub in the Queen City. As of 2023, financial firms in the Charlotte-region MSA support over 100,000 jobs, which is more than ever recorded before, even prior to the pandemic. Yes, this sector’s return to the office was slow following the pandemic depths and the uncertain climate precipitated ...
