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LE: Dallas leads U.S. hotel construction pipeline

Hotel Business

The markets with the highest number of new openings through year-end are New York City with 19 hotels/4,308 rooms, Atlanta with 13 hotels/1,279 rooms, Inland Empire with 11 hotels/1,032 rooms, Phoenix with 10 hotels/1,339 rooms and Houston with 10 hotels/1,327 rooms. Looking ahead to 2024, the U.S.

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LE: Dallas hits all-time-high construction project count

Hotel Business

The markets with the highest number of new openings through Q3 are New York City with 14 hotels/2,407 rooms, Atlanta with 11 hotels/1,108 rooms, Detroit with 10 hotels/1,292 rooms, Houston with eight hotels/1,154 rooms and Austin with eight hotels/1,001 rooms.

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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

Market Forecasts Despite recent challenges, Australia’s hotel and resorts market is forecast to grow by 13.3% Tasmania: This state suffered less during the pandemic due to the lower number of COVID-19 cases, but it is not due to recover until 2025. Overall performance so far this year looks promising.