Connect with us

Dallas, TX

Dallas hotel building boom will bring more than 21,000 new rooms

Published

on

Dallas hotel building boom will bring more than 21,000 new rooms


Travelers looking for a place to stay shouldn’t have a problem finding a hotel room in Dallas.

The Dallas area has more than 21,500 rooms on the way in 184 new hotels – from swanky to budget-conscious. That’s the most in the country, according to a new research report by Lodging Econometrics.

More than 19 North Texas hotels with 2,159 rooms are scheduled to open next year. In 2025, another 23 hotels will debut with 2,343 rooms.

“For the first half of 2023, the U.S. opened 224 new hotels with 27,194 rooms with another 384 new hotels and 48,607 rooms expected to open by year-end,” Lodging Econometrics analysts said in their just-released midyear report. “Reflective of the current pipeline, Lodging Econometrics’ forecast for new hotel openings will continue to rise through 2025.”

Advertisement

D-FW Real Estate News

Get the latest news from Steve Brown and the business staff.

Along with the Dallas area, other top U.S. hotel building markets include Atlanta with 141 projects and Phoenix with 119 in the development pipeline.

“Dallas has the most projects scheduled to start in the next 12 months with 69 projects and 8,045 rooms,” according to Lodging Econometrics.

The number of Dallas projects has declined from the first quarter of this year when more than 200 projects were in the works. Tight lending has curtailed some proposed developments.

Advertisement

Along with building new hotels, firms in the Dallas area are also renovating existing properties. Lodging Econometrics is counting 33 North Texas renovation projects with 5,687 rooms.

Dallas-based Omni Hotels & Resorts said this week that it’s planning to spend more than $150 million to upgrade its properties, including its hotel in Las Colinas. The hotel firm also plans to invest a total of $1.5 billion on its portfolio of more than 50 properties over the next five years.

Dallas’ new Four Seasons Hotel could start construction in January

Dallas-Fort Worth has been one of the country’s top hotel building markets for several years. Currently, 13 new hotels with 2,100 rooms are scheduled to open their doors before the end of the year.

Other notable completed, planned or under construction projects include:

  • The 267-room JW Marriott Hotel opened its doors last week in downtown Dallas.
  • The $520 million Omni PGA Frisco Resort opened in May.
  • The 134-room Swexan Hotel opened in Uptown Dallas in June.
  • The luxury Crescent Hotel Fort Worth also is expected to open in September in the city’s cultural district.
  • Developers plan to start construction early next year on a new Four Seasons Hotel & Resort on Dallas’ Turtle Creek.
An aerial view of the Omni PGA Frisco Resort, which opened in May.(Smiley N. Pool / Staff Photographer)
Uptown Dallas’ next office tower tops out construction in The Quad



Source link

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Dallas, TX

Sources: Giants’ DeVito expected out vs. Dallas

Published

on

Sources: Giants’ DeVito expected out vs. Dallas


New York Giants quarterback Tommy DeVito is expected to be out for Thursday’s game against the Dallas Cowboys because of his forearm injury and Drew Lock is expected to start in his place, sources told ESPN’s Adam Schefter and Jordan Raanan.

DeVito is listed as questionable for the Thanksgiving Day game, but a source told ESPN on Wednesday that DeVito was considered a long shot to play.

He did not travel with the team to Dallas on Wednesday as he was undergoing further evaluation, the Giants said. The team, however, said it expected him to travel to Dallas later Wednesday.

DeVito took several big hits in Sunday’s 30-7 loss to the Tampa Bay Buccaneers. He was making his first start of the season after the Giants released former starter Daniel Jones late last week.

Advertisement

The Giants turn to Lock after bypassing him following the benching of Jones for DeVito. Lock spent the first 10 weeks as the backup, with DeVito as the third string/emergency quarterback.

Lock has a short week and no real practices to get ready for the matchup of NFC East rivals. He also will be playing behind an offensive line without its starting tackles. Andrew Thomas (foot) is on injured reserve and Jermaine Eluemunor (quad) was ruled out Wednesday.



Source link

Continue Reading

Dallas, TX

Colorado visits Dallas after shootout victory

Published

on

Colorado visits Dallas after shootout victory


Associated Press

Colorado Avalanche (13-10, in the Central Division) vs. Dallas Stars (13-8, in the Central Division)

Dallas; Friday, 9 p.m. EST

Advertisement

BETMGM SPORTSBOOK LINE: Stars -140, Avalanche +116; over/under is 6.5

BOTTOM LINE: The Dallas Stars host the Colorado Avalanche after the Avalanche took down the Vegas Golden Knights 2-1 in a shootout.

Dallas is 13-8 overall and 4-2-0 against the Central Division. The Stars have a 4-2-0 record in games they score at least one power-play goal.

Colorado is 13-10 overall and 2-3-0 against the Central Division. The Avalanche have a 2-5-0 record in games their opponents serve fewer penalty minutes.

The teams meet Friday for the first time this season.

Advertisement

TOP PERFORMERS: Matt Duchene has 12 goals and 14 assists for the Stars. Mason Marchment has five goals and seven assists over the last 10 games.

Cale Makar has eight goals and 22 assists for the Avalanche. Mikko Rantanen has eight goals and seven assists over the past 10 games.

LAST 10 GAMES: Stars: 6-4-0, averaging 3.7 goals, 6.4 assists, 3.1 penalties and 8.2 penalty minutes while giving up 2.8 goals per game.

Avalanche: 7-3-0, averaging three goals, 4.8 assists, 2.6 penalties and 5.2 penalty minutes while giving up 2.9 goals per game.

INJURIES: Stars: None listed.

Advertisement

Avalanche: None listed.

___

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




Source link

Advertisement
Continue Reading

Dallas, TX

Kidd breaks the silence, gives first update on Luka Doncic’s sudden wrist injury

Published

on

Kidd breaks the silence, gives first update on Luka Doncic’s sudden wrist injury


The Dallas Mavericks’ bad injury and availability luck this season continued into Wednesday evening, as Dallas will be without Daniel Gafford, Klay Thompson, Dante Exum, and Luka Doncic against the New York Knicks tonight.

While no one expected Doncic and Exum to play as they are both out with wrist injuries, both Thompson and Gafford had a chance at playing. Thompson will be out for the second straight game with left foot plantar fascia, and Gafford is out with an illness.

This illness has been no joke for Dallas, as both Quentin Grimes and Dereck Lively II were listed on the injury report, but both are available against the Knicks.

The Mavs have found a way to win two of the three games that Doncic has missed due to this sprained wrist that he unexpectedly suffered against the New Orleans Pelicans last Tuesday, and Mavs head coach Jason Kidd gave the first update on Doncic’s status when it comes to the wrist injury on Wednesday night.

Advertisement

“He looks good,” Kidd said at his pregame media availability. “Everything that has come back that he looks good and is getting closer to coming back.”

Kidd then continued to talk about how Doncic has been going through “individual workouts,” and everything that he has “heard or seen is trending in the right direction.” He went through a pregame workout at the American Airlines Center with his wrist taped despite being out, and this is a good sign.

Advertisement

It’s typical for Kidd and the Mavericks to limit what they tell the media when it comes to players’ injuries, but the fact that Doncic is going through workouts and responding well is a good sign. Doncic has not been able to catch a break this season, as he has dealt with a calf contusion, knee contusion, and this wrist sprain over the last two months, and this week-plus off should help get him back to being 100 percent.

He didn’t even seem to be 100 percent with his knee when he injured his wrist against New Orleans, and him getting this time of rest could be huge for him in returning to playing at an MVP level. This wrist injury happened so suddenly against the Pelicans, and even Doncic didn’t know the exact moment it happened. He said that the pain started early on in the game, and it got worse as the game went on. Doncic dubbed his wrist injury as “nothing serious” in his postgame press conference from last Tuesday night, but his availability lately says otherwise.

This season for Dallas, Doncic is averaging 28.1 points, 7.6 rebounds, and 7.6 assists per game while shooting 43.5 percent from the field and 32.4 percent from downtown, and while his numbers are down, Kidd remains confident in his superstar. Kidd emphasized that Doncic is still “human” last week when asked about his slow start to the season, and even though Dallas is finding ways to win without him, his return is going to help take this team to another level.

His teammates miss having him on the floor with them, and the Mavs are a completely different team when Doncic is fully healthy and cooking with gas. It has been a while since Mavs fans saw Doncic fully healthy considering the downpour of injuries that slowed him down during the playoffs, and he and Kyrie Irving will have the chance to help push this team back to the top of the Western Conference once he returns from this wrist injury.





Source link

Advertisement
Continue Reading

Trending