The upcoming year looks like it’s going to be robust and dynamic for the global hospitality industry. In fact, regions like the Asia / Pacific and North America have more than 1,000 total combined projects in their pipelines.
This breaks down individually to 648 projects coming in 2018 for North America, while the Asia / Pacific region leads the world with 857, according to information from the TOPHOTELCONSTRUCTION database. The four other major hospitality markets are in great shape as well. Europe has 465 upcoming projects, while the Middle East is next with 332 projects. Meanwhile, Africa is continuing to be an emerging market with 108 projects, while South and Latin America have a total of 96 new projects of their own coming in 2018.
New Hotel Openings
With all of this growth, it can be difficult for hotel owners and operators to keep track of some of the most high profile projects. That’s why today we’d like to take a look at some of the biggest new hotel openings for 2018.
The sheer size of this hotel in Shandong, China is very impressive. It will take up a total ground area of 629,457 square meters, with a total build area of 630,159 square meters. The hotel, which is in the pre-opening phase and should be available for guests any day now, has 800 rooms. It’s a 10 floor hotel with a basement, a spa, residential buildings and villas. There are many properties opening in China in 2018, but the Liaocheng Shengshi Tianhu Protection Technology Park will be among the first, and like the most luxurious.
This mammoth 2,895-room project isn’t slated to be finished until the end of 2018. It’s located in Las Vegas, Nevada, long one of the most active hotel markets in the United States. It does, however, sound truly luxurious. The newly designed rooms here will emphasize modern design and luxurious comfort. It will also have standout features such as guestrooms that include modern artwork paired with clean textiles, statement wallcoverings, textured carpeting, improved lighting and user-friendly tech.
This is another project that is not slated to open until the fourth quarter of 2018. This holiday resort will feature 1,000 holiday homes and a location in a gorgeous mountainous region in Germany, which will make it a wonderful choice for a vacation.
This hotel, which is in the pre-opening phase now, is a massive undertaking located in Algeria. It has 1,218 rooms total. It’s also a mixed-use development project located in the new development district in Bab Ezzouar In Wilaya of Algiers.
The final project on our list is located in St. Johns in the Caribbean. It’s a 500-room property slated to open in the second quarter of 2018. This will be an all-inclusive resort, likely to attract its fair share of American and European tourists given its location.