Hotels now account for over one-third of adaptive reuse projects
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
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For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
In the continuous battle against housing shortages and the surplus of vacant buildings, developers are turning their attention to the viability of adaptive reuse for their properties.
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
This $500 million mixed-use development will take up nearly nine blocks.
Travelers are always looking for a home away from home, and the tourist industry needs these vacationers to survive. Creating a winning hotel can benefit everybody, and people will return to your retreat time and time again.
There’s two types of people in this world: those who like The Good, The Bad, and The Ugly, and those who are wrong.
Stantec Architecture and Studio K Creative designed the project.
DAS Architects designed the project.
The 75,000-sf hotel is currently under construction.
The hotel brings 282 suites to Seattle’s oldest neighborhood.
The opening of a new residence hall could help with Plymouth State University’s hospitality marketing.
Decades in the making, the chalet is located within 10 miles of Denali’s summit.
From real-time guest feedback to AI-driven hyper-personalization, the hotel of the future will emphasize service, convenience, authenticity, and just the right amount of technology.
The hotel will provide 360-degree views of the Svartisen glacier and the surrounding arctic nature.