Record High Counts for Hotel Franchise Companies in the Early Planning Stage at the End of Fourth Quarter 2021

As seen in the Lodging Econometrics (LE) Q4‘21 United States Construction Pipeline Trend Report, the franchise companies with the largest U.S. construction pipelines at year-end 2021 are Marriott International with 1,345 projects/170,586 rooms, followed by Hilton Worldwide with 1,239 projects/141,053 rooms, and InterContinental Hotels Group (IHG) with 761 projects/76,987 rooms.

Hospitality Financial Leadership – Why Managing the Budget in Your Hotel is Like Playing Baseball – By David Lund

That’s a big statement because if you are involved in the budget in your hotel and you have played baseball then you are probably saying to yourself that I am off my rocker. The budget is a mean and unruly nasty guest that comes every year and sometimes does not leave completed for weeks, even months. And, it is certainly not fun and engaging like a good game of baseball can be.