Are you looking to expand your business into the Americas hotel market?
Or are you curious about whether the region is the right fit for your growth strategy?
If so, THP’s quarterly pipeline report on the Americas hotel market could be an invaluable resource for your business.
Designed specifically for hotel suppliers aiming to stay ahead of industry trends, our report is filled with must-have strategic insights to help you win vital contracts and grow your market share.
This blog post will give you a sneak peek into the exciting Americas hotel market, made up of North, South and Central America.
Whether you’re targeting luxury resorts in the Caribbean, or major urban hotels in the United States, the information in this blog post could be your key to unlocking the Americas hotel market!
4 star hotels dominate the Americas
The Americas hotel pipeline is heavily focused on 4 star hotels, which make up over 72% of the 2000+ projects currently in development.
With over 1,400 4 star hotel projects in the Americas listed on the THP database – totalling a staggering 247,234 rooms – this segment is clearly where the action is.
Some of the most exciting upcoming projects in North America have already been revealed in THP’s recent blog post, which provides exclusive insights straight from our hotel database.
The United States: A powerhouse in the Americas hotel market
While the Americas hotel market includes several emerging markets, like the bustling Central America region, the United States remains the dominant force.
THP’s database features 1500 United States hotel projects listed, with over 280,000 rooms in the pipeline.
Mexico is also fast becoming a popular region for hotel development, securing the second spot in the region’s top ten list.
For a complete ranking of the top countries driving pipeline development, THP’s Americas pipeline report has all the details you need.
New York remains a city to watch
New York continues to be a magnet for hotel investment and development.
According to THP’s latest data, the Big Apple has nearly 10,000 rooms in the pipeline, a number which is only expected to grow.
Currently, 44% of the projects are in the construction phase, with another 31% in planning.
Yet, there are still over 2,610 rooms in the pre-planning phase – a critical stage where suppliers can make a significant impact.
For businesses eyeing the competitive New York hotel market, investing in THP’s latest pipeline report is a strategic move.
Our report provides detailed figures for the New York hotel market, including star ratings, projected opening dates and construction phases.
Want to know more?
The insights shared here are just a taste of the comprehensive data analysis available in our pipeline reports.
These reports, based on real-time data from THP’s advanced SaaS database, offer a clear and in-depth overview of the hotel industry pipeline – both globally and within each major market.
As the global hospitality industry’s most trusted data solutions provider, we’re proud that our advanced SaaS database consistently helps businesses find the information and contacts they need to advance in a competitive market.
If your business wants to better understand the fast-paced hotel market, the pipeline reports are a perfect place to start.
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New York City, United States. Image © Nick Night / Unsplash
