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Hospitality Trends and Renovation Forecast: 2012-2014 Insights

The years 2012-2014 mark a significant era for hotel renovations in the U.S., with over 400,000 new or renovated rooms anticipated, representing about 25% of total hotel inventory. This trend, fueled by rising renovation investments over 12 quarters, shows the hotel industry's strength, particularly in the commercial sector. Notably, new project announcements are expected to soon outpace openings. Key design trends include eco-friendliness, unique craftsmanship, and seamless technology integration. Stay informed on the transforming landscape of hospitality.

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Hospitality Trends and Renovation Forecast: 2012-2014 Insights

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  1. Hospitality forecast 2012-14 is a time of significant hotel renovation, with more than 400,000 new or renovated room openings in the U.S. in this current period. That accounts for about 25% of all hotel rooms in the U.S. Renovation investment has been trending upward for 12 quarters Hotel industry’s economy is strongest in the commercial sector New project announcements are on a steady pace to outnumber openings soon Source: Lodging Econometrics

  2. Hotel projects and total rooms in pipeline in 2013 Source: Lodging Econometrics

  3. The top 5 markets in the Americas for pipeline of hotel projects in 2013 Source: Lodging Econometrics

  4. New hotel room openings Source: Lodging Econometrics

  5. United States: New hotels and room openings Source: Lodging Econometrics

  6. 8 trends in hospitality design With insight from designers: Michael Suomi of Stonehill & Taylor Patricia Rotondo of VOA Associates Angela Denney of FRCH Design Worldwide

  7. Hospitality trend 1. An emphasis on eco-friendliness and celebrating local craftsmanship

  8. Hospitality trend 2. Less pattern, more texture, and pops of color

  9. Hospitality trend 3. Seamless technology

  10. Hospitality trend 4. A customized experience

  11. Hospitality trend 5. Rarefied luxury

  12. Hospitality trend 6. Designer-driven branding

  13. Hospitality trend 7. Multi-use spaces

  14. Hospitality trend 8. Bottom-line driven materials

  15. Thank you!John Czarneckijczarnecki@contractdesign.com

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