Year-to-date growth in all reporting destinations was up 3.4% on a weighted average basis, although significantly slower than in the previous two years · A no deal Brexit would affect tourism flows through a series of macroeconomic channels, sentiment impacts, and potential travel disruption
In the most recent Lodging Econometrics (LE) Construction Pipeline Trend report on New York City, LE states that New York City has a total of 155 projects/26,605 rooms in the construction pipeline, one of the top three largest pipelines in the U.S.
In the Lodging Econometrics (LE) fall report for 2019, the franchise companies dominating the United States hotel construction pipeline are led by Marriott International with 1,484 projects/196,023 rooms, up 8% by projects and rooms year-over-year (YOY).
The Baird/STR Hotel Stock Index increased 0.2% in October to 4,641. Year to date through the first 10 months of 2019, the index was up 14.0%.