{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"1017: Hotel Pipeline Update - Conversions vs New Construction Across the Americas","description":"Conversions still beat new construction in a lot of markets right now, so I wanted to get specific on what Bruce Ford sees across the Americas pipeline. I talked with Bruce Ford (SVP, Lodging Econometrics) about where projects are moving, where they\u2019re stalling, and what owners\/operators\/investors should watch in Canada, Latin America, the Caribbean, and the U.S. for #NoVacancyNews. Here\u2019s what we cover: \ud83c\udfd7\ufe0f Canada shows roughly 2x as many renovation\/conversion rooms as rooms under construction \ud83c\udde8\ud83c\udde6 Bruce explains where he still sees room to grow in Canada, especially upper midscale and upscale \ud83c\udf0e In Latin America, he points to uneven activity, with stronger momentum in Mexico than some other markets \ud83c\udfdd\ufe0f We talk Caribbean resort redevelopment, including repositioning and storm-related rebuild activity \ud83c\udfe8 Bruce explains why soft brands matter when owners want local character plus distribution power \ud83c\uddfa\ud83c\uddf8 In the U.S., renovations\/conversions still run at about 2x rooms under construction \ud83d\udcc9 He says the market likely needs another rate cut or two before more projects move into the ground \u26bd We also hit World Cup city activity and why smart developers don\u2019t build around one event alone \ud83d\udcac Bruce asks what topics you want next: cities, regions, new construction, renovations, or broader real estate trends Thanks to Actabl for supporting this episode. Actabl gives you the power to profit. Visit Actabl.com. ","author_name":"No Vacancy Live and No Vacancy News","author_url":"http:\/\/novacancy.libsyn.com\/podcast","html":"