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How Often Should Hotels Renovate?
As a hotel owner or manager, you might dread the idea of going through a renovation. After all, it’s a huge expense — one that often requires you to scale back …
The Five U.S. Cities Leading the Way in Hotel Construction
According to Lodging Econometrics, as the U.S. economy remains strong, the hotel construction pipeline continues to show moderate quarterly growth. Total projects stood at 5,312 and 634,501 rooms at the end …
Trends Shaping Smart Hotels
Trends Shaping Smart Hotels Smart technology is transforming residential and commercial buildings around the globe. That’s why it’s not surprising that a growing number of travelers are opting to stay …
New Tariffs Affecting Construction Costs
In March, in a bid to further strengthen the U.S. economy, President Trump imposed a worldwide 25 percent tariff on steel and a 10 percent tariff on aluminum. Initially, several …
How Vacation Rentals Are Affecting the Hotel Industry
Vacation rentals such as Airbnb and HomeAway are becoming increasingly popular. But how does this impact the hotel industry and hotel renovation contractors? Vacation Rentals: The Statistics Airbnb, founded in …
Focus on Hotel Construction Costs 2018
According to the report titled “The State of the U.S. Construction Pipeline” by Lodging Econometrics, approximately 3,300 new hotels are predicted to open in the U.S. between Q3 2017 and …