With TRSA’s Hospitality Summit this Feb 20-21 at Disney’s Coronado Springs Resort in Lake Buena Vista, FL, it’s noteworthy that this sector is continuing to experience significant growth. A summary report compiled by TRSA staff on trends in the hotel business follows.

The number of hotel projects in the works worldwide is at an all-time high, up 86% since 2011, according to Lodging Econometrics, the hotel research and analysis company. Nearly 13,000 projects representing more than 2.1 million rooms are in the global pipeline. Almost 6,000 are under construction, nearly 4,000 are preparing to start construction and more than 2,900 ...