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Miami´s skyline changes: Waldorf Astoria hotel

Here I share with you one of the most interesting hotel openings for 2019. It is going to change Miami´s skyline and will be the first hotel in town of one of the most famous luxury hotel brands in the world. The Waldorf Astoria Hotel Miami, to be located at 300 Biscayne Boulevard, will mark the  debut of the Waldorf Astoria brand in Miami . The company,  owned by Hilton Hotels ,  operates 30 properties worldwide , including two in Boca Raton, two in Key West and one in Orlando. Designed by the Miami firm  Sieger Suarez Architects , the skyscraper will resemble a pile of unevenly stacked glass cubes. The building is projected to reach 1,049 feet in height, making it  one of the tallest in Florida . The current titleholder is the  Panorama Tower in Brickell,  which stands 868 feet tall. According to  a Bloomberg report , the project will include  140 hotel rooms and 400 condos . Pre-sales on the project aren’t sch...

US and Caribbean Hotel Market 2018-2021. Growth Analysis by Country, Type, and Status

The  luxury hotels industry  is my passion and one of the major customer service industries globally. Growing travel and tourism industry is one of the key reasons behind the growth of luxury hotels industry. In order to meet the increasing demand for unique customer services, luxury hotels are constantly striving to improve their services by focusing on  changing consumer preferences, new technologies impact and energy saving strategies. The global Luxury Hotel market is valued at 171100 million USD in 2018 and is expected to reach 216.000 million USD by the end of 2023, growing at a CAGR of 4.0% between 2018 and 2023. THE AMERICAS: HOTEL PROJECT PIPELINE BY COUNTRY United States  is the main market with  1069  hotel openings still in force, as a recent report by TopHotelProject states. And it is followed by  Mexico (86) ,  Brazil (47)  and  Canada (43) .   USA - 1069 hotel openings | 6. CUBA - 23 hotel open...

New building materials save hotel developers time and money

New building materials save hotel developers time and money Compartir Facebook Twitter LinkedIn Email Print High-tech construction materials are making it easier and less expensive for developers to raise a building—even during cold winters. They can also save an operator money in the long run by improving the building’s thermal retention, keeping the spaces cooler in summer and warmer in winter while using less electricity. Cross-Laminated Timber In November, Lendlease, the developer for the United States Department of Defense’s Privatized Army Lodging portfolio, started construction on the second-ever hotel in the country built with cross-laminated timber, or CLT. By March, the timber installation was completed, and the Candlewood Suites hotel on Fort Drum in Watertown, N.Y., was moving quickly toward its opening. “CLT is several layers of pressed wood or lumber board that are stacked ...

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.

5 facts about Midwest hotel investment and development

5 facts about Midwest hotel investment and development Chicago hosted more than 55 million visitors in 2017. Photo credit: Pixabay/Free-Photos Compartir Facebook Twitter LinkedIn Email Print The Midwest continued to hold hotel investors’ attention last year, and that trend will likely continue this year, according to a new report from Marcus & Millichap. The firm’s “2018 Hospitality North American Investment Forecast” broke down investment and development trends by region while providing forecasts for what investors can expect in the year ahead. Here are five important things to know from the report: 1. Investors Eye Major Cities in Central Midwest The Central Midwest is composed of Missouri, Oklahoma and Kansas. Last year, Missouri and Oklahoma led gains for occupancy and revenue per available room in the Central Midwest. Moving forward, major businesses and sporting teams in the region will keep the hotel bookings coming. For example, Marcus & Mil...

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