The TOPHOTELPROJECTS construction database shows that 2,126 new hotels will open across North, Central and South America, plus the Caribbean, in the coming years.
A total of 2,126 properties with 441,919 rooms are scheduled to go live throughout the Americas, according to our research, of which the lions share will be in the US. We find out more about whats coming up in this huge region.
The remainder of 2020 will see 377 hotels open in the Americas, bringing 72,271 extra rooms into play. 204 of these properties are already in the preopening phase.
In 2021, things will get especially busy with 808 openings slated to add 152,428 rooms to the market. Another 386 hotels with 87,378 rooms are due for completion in 2022, and 122 properties with 30,433 keys will open in 2023. For 2024 and beyond, 433 projects with 99,411 rooms are already in the pipeline.
Of these 2,126 openings, 1,519 will be first-class properties, while 607 will be in the luxury segment.
With 1,876 hotels in the pipeline, North America gets the lions share of the 2,126 properties logged by our researchers Latin America will see just 250 establishments open their doors.
In terms of countries, the US takes the lead with 1,526 hotels and 296,596 keys under development. Mexico comes in a distant second place with 132 projects and 32,829 keys in its pipeline, while Brazil completes the top three with 72 properties and 15,492 rooms.
Canada will grow its offering by 67 hotels with 10,671 rooms, followed by Argentina with 45 projects and 4,692 keys. Colombia isnt far behind with 35 planned launches set to bring 6,100 new rooms.
Despite having only 30 hotels in its pipeline, meanwhile, the Dominican Republic will see an impressive 21,928 new rooms hit the market soon. Chile comes next with 26 hotels and 4,173 keys, and Cuba and Peru conclude the list with 22 projects each and 5,525 and 3,584 keys respectively.
Unsurprisingly, all the cities that make our top ten are in the US. New York takes first place with 67 projects and 17,463 rooms under development, LA comes second with 51 hotels and 10,662 keys underway, and Atlanta completes the top three with 47 properties and 9,961 rooms.
Miami and Nashville are next in line with 36 and 33 projects each, followed by San Francisco and its 23 new hotels. Further down the list, Austin and Chicago have 22 and 21 properties in their respective pipelines, while Orlando, Denver and Indianapolis will all grow their hotel offering by 20 properties.
Hilton brands dominate the top of this list. Hampton by Hilton leads the pack with 66 projects and 8,189 rooms in its pipeline, whereas Home2 Suites by Hilton will expand its portfolio by 57 properties and 6,757 rooms. This growth shows that Hilton is placing bets on extended-stay properties gaining more traction over the coming years.
Hilton Garden Inn and Cambria Hotels will both open 43 properties, closely followed by Aloft, which will add 40 hotels to its network. Elsewhere, AC Hotels by Marriott has 38 projects in its pipeline, and Marriott Hotels & Resorts is right on its heels with 35 properties but nearly twice as many rooms.
Courtyard by Marriott, Hyatt Place and Fairfield Inn & Suites by Marriott will each open 34 new hotels.
In Las Vegas, Hilton is working on a triple-branded property that will provide a spectacular home for its Conrad, Hilton Hotels & Resorts and LXR flags. They will go live by mid-2021 and offer a total of 3,500 rooms, making it one of the largest hotels in the world with all the lifestyle and entertainment features guests expect from a hotel in Vegas. Facilities will include a 5,000-capacity state-of-the-art theatre, 32,500 sq m of meeting and convention space, a 20,000 sq m pool complex with seven unique pool experiences, a spa and fitness centre, and an extensive collection of casual and fine-dining F&B concepts.
Omni also has two noteworthy projects in the works. Omni Boston Hotel at the Seaport will have 1,055 rooms and suites and open by early 2021. And over in Fort Lauderdale, a new Omni property will feature 800 rooms when it opens by Q2 2023. Both properties will boast expansive meeting and convention facilities decked out with the latest technology to offer organisers maximum flexibility in creating memorable events.
Finally, the 17-storey Grand Hyatt Miami Beach will open by Q3 2023 and offer 800 rooms with splendid views of Miami Beach. Other facilities will include two floors of meeting spaces and ballrooms that will complement the convention centre next door, a resort-style pool deck with panoramic views and retail spaces. In addition, an eye-catching elevated skybridge will allow event attendees to move freely between the hotel and the convention centre in a climate-controlled, art-filled corridor.
Excerpt from:
Region overview: Over 2,000 new hotels to go live in the Americas [Construction Report] - TOPHOTELNEWS
- Developer seeks to build 7 new retail spaces on Staten Island Mall property - SILive.com - October 28th, 2024 [October 28th, 2024]
- From bread to batting cages: Old Sunbeam bakery building could have a bright future - SouthCoastToday.com - October 28th, 2024 [October 28th, 2024]
- The Shops at Indian Creek Will Bring Grocery Store, Retail Space to Henry County - What Now Atlanta - September 7th, 2024 [September 7th, 2024]
- Developer proposing to build thousands of homes, retail space in Dixon - ABC10.com KXTV - September 7th, 2024 [September 7th, 2024]
- Santander to convert its office space in Miami into 41-story tower with combined office and retail space - Santander - August 25th, 2024 [August 25th, 2024]
- 46-acre project off I-495 expected to add housing, retail, jobs in Littleton - MassLive.com - August 25th, 2024 [August 25th, 2024]
- The value of building work in the commercial construction pipeline is slowing - Interest.co.nz - August 25th, 2024 [August 25th, 2024]
- New center will bring shops to area near Meyerland Plaza - Houston Chronicle - August 17th, 2024 [August 17th, 2024]
- Anytime Fitness withdraws from Weston site, building expands from 3 tenants to 4 - WSAW - August 17th, 2024 [August 17th, 2024]
- Transforming Former Retail Spaces into Outpatient Facilities - Healthcare Construction and Operations News - June 24th, 2024 [June 24th, 2024]
- Construction begins on apartments, retail space in Bellanca building - Cabin Radio - April 25th, 2024 [April 25th, 2024]
- City financing proposed for The Ave - Urbanize LA - April 25th, 2024 [April 25th, 2024]
- Leveraging Commercial Construction Expertise for Business Growth in London - London Post - March 23rd, 2024 [March 23rd, 2024]
- Kittery, Maine will demolish one of its outlet malls to make room for new housing - WBUR News - March 5th, 2024 [March 5th, 2024]
- Work Resumes on 550 Tenth Avenue After Crane Collapse in Hell's ... - New York YIMBY - October 27th, 2023 [October 27th, 2023]
- Bill Rudin Stepping Down as CEO of Rudin Management - The Real Deal - October 27th, 2023 [October 27th, 2023]
- Kaplan Survives Appeals Against Woodland Hills Development - The Real Deal - October 27th, 2023 [October 27th, 2023]
- Related, W5 Building Wynwood Co-Living Project - The Real Deal - October 27th, 2023 [October 27th, 2023]
- What's next for Waterfront development on Allentown riverfront? - The Morning Call - October 27th, 2023 [October 27th, 2023]
- Clean Buildings bill might get messy for commercial property owners - Spokane Journal of Business - October 27th, 2023 [October 27th, 2023]
- M&T Bank Lends $30M on 111 West 57th Street Tower - Commercial Observer - October 27th, 2023 [October 27th, 2023]
- Shoma Doubles Height, Expands Project on US 1, Bird in Miami - The Real Deal - October 27th, 2023 [October 27th, 2023]
- Town of Andover Awarded $3.3 Million MassWorks Grant for ... - Andover, MA - October 27th, 2023 [October 27th, 2023]
- Settlement reached in ballpark construction in CT city - Hartford Courant - October 27th, 2023 [October 27th, 2023]
- Launch of Leasing Announced For Swanky New Gowanus Office ... - BK Reader - October 27th, 2023 [October 27th, 2023]
- MAD architects will perch a futuristic 'ark' atop a cement factory ruin ... - Designboom - October 27th, 2023 [October 27th, 2023]
- Moab climbing gym in the works - Moab Sun News - October 27th, 2023 [October 27th, 2023]
- Heres the latest on the new mixed-use, transit-oriented development coming to Nubian Square - Boston.com - November 18th, 2022 [November 18th, 2022]
- Historic renovation to begin in downtown OKC in March 2023 - KOKH FOX25 - November 18th, 2022 [November 18th, 2022]
- STRATUS PROPERTIES INC Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q) - Marketscreener.com - November 18th, 2022 [November 18th, 2022]
- Why a 450,000-square-foot office building in Plymouth is about to meet the wrecking ball - Star Tribune - September 5th, 2022 [September 5th, 2022]
- Skokie hotel expected to boost downtown area; construction starting - Chicago Tribune - September 5th, 2022 [September 5th, 2022]
- Here's when the St. Louis area's newest Costco is set to open - KSDK.com - September 5th, 2022 [September 5th, 2022]
- 12 latest commercial permits filed in Conroe, including First Watch and Walk On's Bistreaux & Bar - Community Impact Newspaper - September 5th, 2022 [September 5th, 2022]
- Construction Poised to Begin on $1.2b North Sydney Tower - The Urban Developer - September 5th, 2022 [September 5th, 2022]
- Project of the Month: Ayr Wellness opens dispensary in Watertown - built by Connolly Brothers; designed by Scott/Griffin Architects - New England Real... - September 5th, 2022 [September 5th, 2022]
- Brookridge project could break ground in Overland Park this fall - Shawnee Mission Post - September 5th, 2022 [September 5th, 2022]
- Sunday Summary: Back to the Office Commercial Observer - Commercial Observer - September 5th, 2022 [September 5th, 2022]
- US 1 is getting a public square | CNU - Congress for the New Urbanism - September 5th, 2022 [September 5th, 2022]
- Rockefeller, Park Tower land $200M to build at Greenpoint Landing - The Real Deal - September 5th, 2022 [September 5th, 2022]
- Developers seek to build 264 apartments near Jeffersonville Town Center - Yahoo News - September 5th, 2022 [September 5th, 2022]
- 32 Hoboken + Jersey City News Stories You Missed This Week - hobokengirl.com - September 5th, 2022 [September 5th, 2022]
- Vacation resort planned for northwest Cape Coral | News, Sports, Jobs - Pineisland Eagle - Pine Island Eagle - September 5th, 2022 [September 5th, 2022]
- Commentary: Will Housing Bills Help Address Housing Shortfalls? - The Peoples Vanguard of Davis - September 5th, 2022 [September 5th, 2022]
- New Construction? S. Fla. Is Almost Out of Land - | Florida Realtors - January 25th, 2022 [January 25th, 2022]
- Newburgh warehouses add to steady development in Orange County - Times Herald-Record - January 25th, 2022 [January 25th, 2022]
- Retail vendors, restaurants, food trucks: New Ocala Mall will be housed in old Ocala Kmart - Ocala - January 25th, 2022 [January 25th, 2022]
- Northland Acquires Land at Corner of 17th and Spring Streets For Multifamily Project - What Now Atlanta - January 25th, 2022 [January 25th, 2022]
- Post Brothers Closes $400M Construction Loan for Philly Megaproject - Commercial Observer - January 25th, 2022 [January 25th, 2022]
- Beechwood going big with multiple projects in North Carolina - Long Island Business News - January 25th, 2022 [January 25th, 2022]
- Some arent ready to close curtain on Varsity Theater for proposed apartment development - Evanston RoundTable - January 25th, 2022 [January 25th, 2022]
- DMCC's Uptown Tower tops out at 329m, steel crown to complete in Q1 2022 - Construction Week Online - January 25th, 2022 [January 25th, 2022]
- Construction at massive new CSULB art museum promises more art and community inclusion the Hi-lo - Long Beach Post - July 14th, 2021 [July 14th, 2021]
- ASU alum builds rewarding construction career from ground up - ASU Now - July 14th, 2021 [July 14th, 2021]
- $100 million apartment building coming to Center City in 2023 - PhillyVoice.com - July 14th, 2021 [July 14th, 2021]
- Enclave starts big expansion of Uptown & Main in southwest Fargo - INFORUM - July 14th, 2021 [July 14th, 2021]
- Facebook Is Getting Into the Real Estate Business - Architectural Digest - July 14th, 2021 [July 14th, 2021]
- Point Square hits the market with 75m price tag - The Irish Times - July 14th, 2021 [July 14th, 2021]
- Strongsville voters to determine future of townhomes-retail project at Ohio 82 and Prospect Road - cleveland.com - July 14th, 2021 [July 14th, 2021]
- Housing Takes the Podium Eugene Weekly - Eugene Weekly - July 14th, 2021 [July 14th, 2021]
- Hotel addition that could be downtown's new largest building passes Asheville planning board - Citizen Times - July 14th, 2021 [July 14th, 2021]
- Fight over Utah Theatre will likely flare up this week. How did we get here? - buildingsaltlake.com - July 14th, 2021 [July 14th, 2021]
- Gables Residential Breaks Ground on New Development in Washington, DC - PR Web - July 14th, 2021 [July 14th, 2021]
- Former heating, plumbing supply building site of mixed-use proposal - Herald-Whig - July 14th, 2021 [July 14th, 2021]
- Rutgers Cancer Institute of New Jersey and RWJBarnabas Health Leader Recognized as NJBIZ 2021 Healthcare Hero - Newswise - July 14th, 2021 [July 14th, 2021]
- Mayor Bowser Cuts Ribbon on New All Affordable Senior Housing Honoring the Late Todd A. Lee | mayormb - Executive Office of the Mayor - July 14th, 2021 [July 14th, 2021]
- Construction sector projected to grow by 3.9 per - architects - The Star, Kenya - July 14th, 2021 [July 14th, 2021]
- Drexel came through the pandemic better than expected. Now president John Fry is contemplating his next step. - The Philadelphia Inquirer - July 14th, 2021 [July 14th, 2021]
- St. Augustine plans traffic upgrade for busy intersection of Wildwood Drive and US 1 South - St. Augustine Record - February 20th, 2021 [February 20th, 2021]
- Lowe Debuts Assembly 127-unit Apartment Building in Oakland's Uptown District - Business Wire - February 20th, 2021 [February 20th, 2021]
- WilmingtonBiz Talk: Downtown update - Greater Wilmington Business Journal - February 20th, 2021 [February 20th, 2021]
- In The Pipeline: Top Projects Coming To D.C.'s Southwest Waterfront - Bisnow - February 20th, 2021 [February 20th, 2021]
- Apartments rise on Kents West... - Kent Reporter - February 20th, 2021 [February 20th, 2021]
- Bridging the affordability gap in Chicago REJournals - REjournals.com - February 20th, 2021 [February 20th, 2021]
- Jersey City development advances with $30M construction loan - The Real Deal - February 20th, 2021 [February 20th, 2021]
- Phase II of The Yards will feature a cobblestone street - WTOP - February 20th, 2021 [February 20th, 2021]
- Developer seeks public's input on potential redevelopment of property at corner of West 5th Avenue and Colwell Lane in Conshohocken -... - February 20th, 2021 [February 20th, 2021]
- Times Square Theater's Retail Conversion and Expansion Progresses at 215 West 42nd Street in Times Square, Manhattan - New York YIMBY - January 3rd, 2021 [January 3rd, 2021]
- 24 Ann Arbor developments to watch in 2021 - MLive.com - January 3rd, 2021 [January 3rd, 2021]
- Market Basket: What to expect in 2021 retail and restaurant news - South Bend Tribune - January 3rd, 2021 [January 3rd, 2021]