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U.S. hotel supply expected to grow 2.5 percent in 2018

Hotel supply in the United States is expected to grow 2.5 percent in 2018, according to Lodging Econometrics. That means 1,146 hotels with 130,877 rooms will open in the U.S. this year. Of those expected to open, 511 hotels with 50,105 rooms will be upper-midscale, the highest count of any chain scale and 45 percent of all new openings, according to a news release from LE. In 2019, the census is expected to grow another 2.5 percent with the opening of 1,215 hotels with 137,105 rooms. That’s about 6 percent more projects than are anticipated to open in 2018. In 2019, New York will again be the top market for new hotel openings with 47 hotels and 7,239 rooms.

10 New Caribbean Hotels We’re Excited About in 2018

10 New Caribbean Hotels We’re Excited About in 2018 Caribbean hotels keep getting better and better, and the region’s hotel development pipeline shows no signs of slowing down, with new properties continuing to sprout across the Caribbean and Mexico, both large and boutique, EP and all-inclusive. So what are the Caribbean hotels we’re excited about in 2018? They range from Leading Hotels of the World to creative new small hotels to all-inclusive. Here are 10 new hotels coming on stream in 2018 that need to be on your radar. Silversands Grenada  Grenada is one of the hottest destinations in the Caribbean right now, in large part due to a burgeoning luxury hotel development pipeline headlined by the soon-to-debut Silversands Grenada, which is already a member of Leading Hotels of the World. Silversands, a mix of 43 luxe suites and nine villas. It’s set to open in March. Rosewood Baha Mar  While the vast majority of the  Baha Mar  has already opened, i...

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