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Software can ease the burden of workforce management, scheduling, time and attendance, recruiting, and other critical components of managing restaurants. ” needs to be the first question asked and answered by operators in the pursuit of talent in such a competitive labor market.
Dallas has the most projects scheduled to start in the next 12 months with 80 projects/9,021 rooms, followed by Atlanta with 60 projects/7,311 rooms, Austin with 47 projects/5,683 rooms, the Inland Empire with 47 projects/4,668 rooms and Los Angeles with 46 projects/7,113 rooms.
Dallas looks set to maintain its momentum; leading both projects scheduled to start in the next 12 months and early planning stages of the hotel construction pipeline. Other markets like Atlanta, Nashville, Inland Empire, Phoenix and Los Angeles follow suit, signifying a dynamic landscape of upcoming projects.
Markets with the greatest number of projects already under construction at the Q1 close are New York with 54 projects/8,682 rooms, Atlanta with 26 projects/4,278 rooms and the Inland Empire of Southern California with 26 projects/2,584 rooms. LE is forecasting the top 50 markets to open 319 new hotels/42,743 rooms in 2023.
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