Raleigh to start construction on convention center expansion
An amphitheater relocation and new hotel are included in a funding package approved by the county last year.
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An amphitheater relocation and new hotel are included in a funding package approved by the county last year.
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.
The resort corner of the hospitality sector has been a bit slower to expand than the whole for the past few years. But don’t tell that to Bill Wilhelm, President of R.D. Olson Construction.
The hotel construction pipeline hit record project counts at Q4, with the addition of 260 projects and 21,287 rooms over last quarter, according to Lodging Econometrics.
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.
A hotel brand has yet to be announced.
Completed in 2018, the seven-story, 98-guest room hotel complements the local museums, cultural attractions, and University of Chicago campus.
NORR designed the tower.
Gensler has been working with component supplier Clark Pacific on several projects.
The project is part of the city’s Destination Medical Center initiative.
The first location will break ground in Phoenix later this year.
The immersive hotel will be the company’s newest Star Wars experience.
Doone Silver Kerr designed the project.
Connectic by Cooper Carry recently won the 2019 Radical Innovation Award.
Luxury Action, a private travel company, is behind the project.