The construction market in North America is forecasted by GlobalData to grow by 1.9% in real terms in 2024, having decreased by 5.7% in 2023. A key growth market will be the infrastructure market, with output rising by 11.1% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are North America’s five largest hotel construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
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1. Westin Cocoa Beach Resort Redevelopment
The project involves the construction of a six-story hotel comprising 502 rooms on a 6.4ha of land in Cocoa Beach, Florida, the US.
Construction work started in Q3 2024 and is expected to be completed in Q2 2027.
The aim of the project is to become iconic and emblematic of the Space Coast’s revival as an economic hub and lifestyle destination. Buy the profile here.
2. Hilton Anaheim Hotel Renovation
The project involves the renovation of a hotel in Anaheim, California, the US.
Construction work commenced in Q3 2024 and is expected to finish in Q3 2025.
3. River Cree Resort and Casino Expansion
The project involves the expansion of a resort and casino in Enoch, Alberta, Canada.
Construction work started in Q3 2024 and is forecast to complete in Q4 2027.
4. Northside at SanTan Village
The project involves the construction of a commercial development on 8ha of land in Gilbert, Arizona, the US.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2028.
5. Wichita Everhome Suites Hotel
The project involves the construction of a four-story suite hotel with 123 rooms at 3880 North Rock Road in Wichita, Kansas, the US.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
