Future Forecasts & Franchise Brands

NEHR is the only hotel brokerage firm with access to industry-leading lodging real estate intelligence through an exclusive arrangement with Lodging Econometrics (LE).

In this issue, we bring you a supply forecast for New England for 2017/2018 and show you the transaction activity of several major brands in 2016.


New England Forecast for New Hotel Openings

2017

  • Connecticut: 3 Hotels/229 Rooms
  • Maine: 1 Hotel/73 Rooms
  • Massachusetts: 17 Hotels/1,575 Rooms
  • New Hampshire: 1 Hotel/66 Rooms
  • Rhode Island: 2 Hotels/271 Rooms
  • Vermont: 3 Hotels/195 Rooms
  • Total New England: 27 Hotels/2,409 Rooms
 2018

  • Connecticut: 4 Hotels/505 Rooms
  • Maine: 6 Hotels/662 Rooms
  • Massachusetts: 23 Hotels/3,288 Rooms
  • New Hampshire: 3 Hotels/303 Rooms
  • Rhode Island: 4 Hotels/425 Rooms
  • Vermont: 1 Hotel/60 Rooms
  • Total New England: 41 Hotels/5,243 Rooms

Franchise Brand Sales in New England with a Reported Selling Price

  • Courtyard by Marriott: 2 Hotels/207 Rooms; $185,507 ASPR
  • Holiday Inn: 3 Hotels/512 Rooms; $161,523 ASPR
  • Residence Inn: 2 Hotels/221 Rooms; $145,256 ASPR
  • Hampton Inn by Hilton: 4 Hotels/510 Rooms; $138,525 ASPR

Interested in obtaining one of our comprehensive market reports? Want to learn more about our brokerage services?Text “nehr perspective” to 802-369-0985
Or email: svahey@newenglandhotelrealty.com

Who We Are

New England Hotel Realty (NEHR) is the leading full-service hotel real estate advisory and brokerage firm in the Northeast, providing comprehensive disposition, acquisition and consulting services for nearly 40 years.

Our brokerage team consists of the largest team of investment advisors, hotel brokers, market researchers, analysts and forecasts of industry trends throughout the country. We have advised an extensive list of individual sellers and buyers, private and public investor groups and institutional clients on a variety of hotel investment topics.

Contact us today to confidentially discuss your investment goals:

Shane Vahey: P: +1 603.427.9278, E: svahey@newenglandhotelrealty.com
JP Ford, CHB, ISHC: P: +1 603.427.9550, E: jpford@newenglandhotelrealty.com