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U.S. Construction Pipeline Picking Up Speed

U.S. Construction Pipeline Picking Up Speed

The total construction pipeline continued its upward trend in Q1 2014 and now stands at 3,226 projects/407,235 rooms, up 13 percent and 15 percent, respectively, year-over-year (YOY). For the second consecutive quarter, the pipeline posted a double-digit percentage increase after ...

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The Ritz-Carlton to Expand Global Portfolio

The Ritz-Carlton to Expand Global Portfolio

CHEVY CHASE, Md.—The Ritz-Carlton Hotel Company will open 15 new hotels by 2016, growing its global footprint to 100 hotels and resorts. New openings ranging from a city property in Cairo to a beachfront resort in Bali. “This prolific period ...

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Four Points On Track to Double its Portfolio in China

Four Points On Track to Double its Portfolio in China

HEFEI, Anhui, China—Starwood Hotels & Resorts Worldwide in partnership with Greenland Group announced the debut of Four Points by Sheraton Hefei, Shushan—the first Four Points hotel to open in the capital of Anhui Province. Starwood Hotels’ Four Points brand has ...

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Starwood to Expand Latin American Portfolio

Starwood to Expand Latin American Portfolio

PANAMA CITY—From the World Economic Forum Latin America in Panama, Starwood Hotels and Resorts Worldwide announced that it has opened Aloft Guadalajara, expanding its footprint to nearly 80 hotels in Latin America, and plans to open 17 more, increasing its ...

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U.S. Construction Pipeline Finally Gains Some Traction

U.S. Construction Pipeline Finally Gains Some Traction

After being locked in a bottoming formation for nine quarters, the U.S. construction pipeline increased in 2013 to 3,020 projects with 382,958 rooms. This represents a year-over-year (YOY) increase of 10 percent by projects and 12 percent by rooms and ...

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