hotel supply growth
European Pipeline Soars Despite Economic Slowdown Throughout the Region
Lodging Econometrics (LE) | March 1, 2019
In the 2018 year-end report by Lodging Econometrics (LE), Europe's total construction pipeline skyrocketed to 1,569 projects/243,947 rooms, a whopping 19% increase year-over-year (YOY), and the highest project and room counts ever recorded. The record counts come despite concerns of slower growth throughout the region, shrinking demand for the region's exports, Brexit uncertainties, and political tensions in many countries. There are 784 projects/124,674 rooms currently under construction, 434 projects/68,128 rooms planning to start construction in the next 12 months, and 351 projects/51,145 rooms in the early planning stage. The total ...
Supply Growth in Top 25 U.S. Markets to Accelerate
Lodging Econometrics (LE) | February 12, 2019
February 12, 2019 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that in 2018, new supply growth was 2.0%, the first time it has reached 2.0% in eight years. The top 25 markets had new supply growth of 2.7% while the remainder of the country showed growth at 1.7%. Demand growth was 2.5% for both the top 25 markets and for the remainder of the country as well. Last year, 12 of the top 25 markets had supply growth in excess of demand growth. With the exception of Houston, Seattle, and Orlando the variances were modest. As the economy settles into the "new normal" of slower growth and low inflation, LE expects ...
2015 Hotel Investment and Finance Opportunities: Hotel Supply Growth, Occupancies, and Other Metrics
Jim Butler | June 26, 2015
By Jim Butler and the Global Hospitality Group® Author of www.HotelLawBlog.com June 2015 Vail Brown, Vice President of STR, discusses all-time highs in the hospitality market for multiple metrics, her predictions for the next few years, and STR's expansion into food and beverage analysis in the video. Vail spoke with David Sudeck, a senior partner in the JMBM Global Hospitality Group®, as part of our video interview series on hotel finance and investment opportunities in 2015. David Sudeck: I'm David Sudeck, I'm with Jeffer Mangels Global Hospitality Group. We're here at the 2015 Meet the Money® Conference, which is the 25th Annual M...
