4 ways to transform old buildings into modern assets
As cities grow, their office inventories remain largely stagnant. Yet despite changes to the market—including the impact of hybrid work—opportunities still exist. Enter: “Midlife Metamorphosis.”
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As cities grow, their office inventories remain largely stagnant. Yet despite changes to the market—including the impact of hybrid work—opportunities still exist. Enter: “Midlife Metamorphosis.”
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
In the continuous battle against housing shortages and the surplus of vacant buildings, developers are turning their attention to the viability of adaptive reuse for their properties.
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
Travelers are always looking for a home away from home, and the tourist industry needs these vacationers to survive. Creating a winning hotel can benefit everybody, and people will return to your retreat time and time again.
The project team consisted of MIT graduate students across five departments.
The mixed-use tower will rise 185 meters and be located in Melbourne's Central Business District.
PPVC techniques allowed the project to save time and manpower.
Kengo Kuma is designing the hotel, which will feature a large garden and a plant-covered façade.
The hotel will feature a cold bath and be in a good location for viewing the northern lights.
Original hospitality design concepts lean on enhancing traveler comfort and mobility.
There’s a shift from accommodating to specific market niches towards places that can adapt to changing moods and activities.
The 220-room Holiday Inn Express hopes to be completed in less than 12 months.
The Wynn Resorts board recently gave the go-ahead for the project, which may begin construction on its first phase as early as December.
Today’s hospitality environments emphasize unique, localized experiences to attract and engage guests.