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Hotels Pivot to Conversions as New Builds Stagnate
financeeHotelier··1 min·For: Owner, Investor, GM, Revenue

Hotels Pivot to Conversions as New Builds Stagnate

At The Lodging Conference, industry leaders signaled strong optimism for 2027, favoring brand conversions, AI adoption, and third-party management over costly ground-up development.

Key Takeaways

  1. 1Brand conversions and soft-brand repositioning are outpacing ground-up construction due to elevated building costs and tight financing.
  2. 2Hoteliers are shifting AI focus toward handling evolving consumer search patterns and changing distribution channels.
  3. 3Owners are increasingly leveraging third-party management companies to navigate complex tech, labor, and revenue management needs.

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Source: eHotelier

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