LODGING LEADERS
238 | Reaching the Finish Line: Hotel construction companies hurdle project barriers
LODGING LEADERS
STR recently reported the hotel construction pipeline for the U.S. was up 5.5 percent in October. It was the lowest year-over-year increase in lodging construction activity in six months.
Despite the slowdown, construction companies say they are as busy as ever. However, they do anticipate a leveling off of new builds over the next couple years.
In this episode of Lodging Leaders, we talk to specialists in hotel construction to find out what they think is causing the muted growth. They share industry challenges and outlooks and discuss emerging trends such as Design-Build that help get hotels up and open in time and on budget.
Featured in today’s report are Bill Wilhelm, president of R.D. Olson Construction in California; Dale White Sr. and Stephanie Hall of D.A.G. Construction Co. in Ohio; and Brent Reid, CEO of Winter Construction in Georgia.
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LODGING LEADERS
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260 | Startling Statistics: Industry analysts stunned at depth of downturn
Last week, several hospitality-focused analytical companies released data that specifically show how the coronavirus pandemic is decimating the U.S. hotel industry. The picture they paint is grim. And – though experts say they believe the industry will eventually resurge – the months ahead will be hard. In this report we review reports from STR, CBRE read more
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259 | Trust Factor: Hotels can channel the right message during the coronavirus crisis
While many of the country’s 57,000 hotels have closed during the coronavirus pandemic, owners and operators are spending limited resources and a whole lot of time on retooling their property systems and deep cleaning rooms and public areas. They want to be ready when the nation starts traveling again. And that’s a message that needs read more