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.
The hotel looks to create a symbiosis between man, nature, and architecture.
Overall construction for hotel projects is up, but the current number of hotels currently being built has dipped slightly from one year ago.
The tower would be built on a site currently occupied by a Hertz Car Rental and parking lot.
The 26-story hotel spanning 96,000 square-feet needed a way to not only differentiate itself among the sea of other hotels and buildings lining the riverfront and downtown area, but also fit into the mix aesthetically.
The Hotel at Oberlin anchors the Peter B. Lewis Gateway Center, the cornerstone of Oberlin’s Green Arts District.
The hotel will provide a four-star experience to guests during baseball season and, just as importantly, during the offseason.
The construction of this 94-room hotel and conference center pitted tourism proponents against locals who want to preserve this historic city’s fishing heritage.
Gensler, HKS, Turner Construction Co., The Whiting-Turner Contracting Co., Jacobs, and JBA Consulting Engineers top Building Design+Construction’s annual ranking of the nation’s largest hotel sector AEC firms, as reported in the 2016 Giants 300 Report.
The faux-rainforest will be located at The Rosemont Hotel & Residences Dubai.
The hotel will combine the AC Hotels, Residence Inn, and SpringHill Suites brands.