Presents

HOSPITALITY SECTOR

01/25/2024

OPERA by Piva Group: focus on HOSPITALITY SECTOR

Dear Customer,

 

the most recent “Construction Pipeline Trend Report” drawn up by Lodging Econometrics highlights that the Hospitality sector has grown a lot in the U.S.A in 2023.

Furthermore, analysts expect an increase of +7% on an annual basis for hotel construction and renovation also for 2024.

 

62% of hotel construction projects are related to medium-high and luxury projects, a trend we imagine will continue also in 2024 and 2025.

 

In the U.S. the greatest markets for new hotels are meant to be New York City, Atlanta, Detroit, Houston and Austin.

 

In 2024, Lodging Econometrics analysts expect New York City to be confirmed as the market with the highest number of new hotel openings.

 

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Are you involved in the Hospitality Sector?

Are you thinking about building or renovating an Hotel?

 

If you are looking for a reliable Partner for doors and windows, don't hesitate! OPERA by Piva Group offers the high-level products you need.

 

For more information contact us at: info@operaitaliawindows.com

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