Monday, November 10, 2014

Lodging Econometrics Reports Pipeline Breaks Out as Development Accelerates; Hits 5-Year High


PORTSMOUTH, NH --       Lodging Econometrics reports the Hotel Construction Pipeline surged forward to a five-year high in Q3 with 3,516 Projects/443,936 Rooms.

The Pipeline has posted double-digit Year-Over-Year (YOY) increases for four consecutive quarters in both Projects and Rooms.

In 3Q14 YOY increases are up 25% and 24% respectively, signaling a breakout into the expansion phase of the current real estate cycle which is likely to continue another two-to-three years.
  
For a complete copy of the company’s news release, please contact:

Peter Martin
Marketing Manager
Lodging Econometrics
P: +1 603.431.8740, ext. 29
F: +1 603.770.0767


No comments:

Post a Comment