In the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms Year-Over-Year (YOY).
Asia’s appetite for travel on the incline
Data released today by global travel deals publisher Travelzoo reveals that, despite a turbulent 2016, Asian tourists plan to travel abroad more and spend more time on in-depth exploration trips to safe destinations in 2017.