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Where the Action Is: U.S. Markets with the Highest Rate of Growth

Discover the top 10 and top 50 U.S. markets with the highest growth rates in the lodging real estate industry. Explore trends in extended stay and shared site developments, and gain insights on the current market conditions. Contact Bruce Ford, SVP and Director of Global Business Development, for more information.

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Where the Action Is: U.S. Markets with the Highest Rate of Growth

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  1. Where the Action Is: U.S. Markets with the Highest Rate of Growth Bruce Ford SVP, Director of Global Business Development

  2. Introduction • US Industry Market Conditions Update • Change in the Pipeline Top 10 • Top 50 Markets Trends • Extended Stay • Shared Site Developments • Other Insights

  3. US Lodging Real Estate Cycle Last Cycle Peak: Q208 with 5,883 Projects/785,547 Rooms Last Cycle Bottom: Q112 with 2,720 Projects/331,129 Rooms Current Quarter: Q218 with 5,312 Projects/634,501 Rooms Peak New Hotel Openings Wall St. Activity New Project Announcements Peak Operating Performance • Early Transaction Recovery Main Street Debt Availability • Conversions/Renovations Early Operating Recovery X

  4. Top 10 Markets: Pipeline Growth by Rooms Over the Past 5 Years

  5. Top 10 Markets: Pipeline Growth (cont.) by Rooms Over the Past 5 Years

  6. Top 10 Markets: Pipeline Growth By Rooms Over the Past 5 Years Growth % YOY

  7. Top 10 Markets: Pipeline Growth (cont.) By Rooms Over the Past 5 Years Growth % YOY

  8. Top 50 Markets • Always a large part of the story historically • The second 25 have a growing part of the story • CBD development on the rise

  9. Top 50 US Markets As a Percentage of the Total Pipeline by Rooms 61.4% % of total pipeline

  10. Top 50 US Markets As a Percentage of the Total Pipeline by Rooms 61.4% % of total pipeline 43.2%

  11. Top 50 US Markets As a Percentage of the Total Pipeline by Rooms 61.4% % of total pipeline 43.2% 19.8%

  12. Top 10 Markets: Actual Plus Forecasted Openings 2017-2019 By Rooms

  13. Top 10 Markets: Forecasted Openings for 2019 By Rooms % by rooms

  14. Extended Stay Surge • Separate eating, living, and sleeping spaces • Big part of shared site projects in the pipeline • More brands to come?

  15. Top 10 Extended Stay Brands By Rooms Q2 2018

  16. Top 10 Extended Stay Markets By Rooms Q2 2018

  17. Top 10 Shared-Site Brands By Rooms Q2 2018

  18. Top 10 Shared-Site Markets By Rooms Q2 2018

  19. Industry Wrap-Up • 77 new brands since 2014 and more to come • Pipeline will continue to tick up through the end of 2019 • Not much concern for decline as room night demand is out pacing supply and should continue • Supply will be added and should be on your radar

  20. Thank You Bruce Ford SVP, Director of Global Business Development Office: +1 603.431.8740 ext. 18 Mobile: +1 603.770.5634 Email: bford@LodgingEconometrics.com

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