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U.S. hotel construction is booming, with a record-high 5,964 projects in the pipeline
According to the 2023 year-end U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stands at 5,964 projects/693,963 rooms. The pipeline hit record project counts at Q4, with the addition of 260 hotel construction projects and 21,287 rooms over last quarter, and a 9% increase by projects and a 7% increase by rooms year-over-year (YOY).
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How Construction Leaders Can Capitalize on America’s $500 Billion Manufacturing Surge
The unprecedented push to bring manufacturing back to the United States has opened a window of extraordinary opportunity for the construction industry.
Manufacturing investment reached historic highs in 2023, with real private manufacturing construction investment reaching its highest level in 2023 Q3.
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Using Your Brand to Attract Top Talent
In the competitive landscape of the construction industry, a company’s brand is more than just its logo or services. It’s the story you tell – a narrative that encompasses not just what you do, but why and how you do it, and the impact it has on clients and the broader world. READ MORE
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The Rising Tide of Wages: How Labor Shortages are Reshaping the Construction Industry
The construction industry has recently experienced a significant increase in wages, largely due to persistent labor shortages. It is important to understand the factors contributing to this wage inflation and its implications for the industry. READ MORE
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CONSTRUCTION RECRUITMENT EXPERTISE |
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About The Birmingham Group |
Since 1967, The Birmingham Group has been considered one of the nations most respected Construction Executive Search and Consulting Firms. Our team of experienced search consultants can strategically work with your organization, from the hire of a key project manager, the planning and execution of building an entire team to create a new business unit, to the placement of your next CEO.
info@thebirmgroup.com | (248) 647-7766
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