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13 JULY : AUGUST 2016 — COMMERCIAL CONSTRUCTION & RENOVATION Hospitality Marriott International Marriott International will add significant meeting space while opening more than 100 luxury and lifestyle hotels over the next year. Areas near Denver, Dallas and Washington, D.C., will see major convention center construction and expansion. Starwood Hotels & Resorts/Le Meridien Le Meridien Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, plans to spend at least $300 million on new and renovated properties, adding more than 30 new hotels. The lifestyle brand will continue to emphasize North America and Asia Pacific. Extended Stay America Extended Stay America will begin franchising properties as part of an ambitious expansion and renovation program. Executives said the company plans to spend $1.4 billion over five years on renovations and increase its current 629 hotels to more than 700, with a quarter of them franchised. Hilton Garden Inn Hilton Garden Inn is aiming high, with 60 new locations opening this year, including two in Hawaii. As part of its global growth goals, more than half of its 250 deals for new hotels are outside the United States, with many in Europe and Asia. Wyndham Hotel Group Wyndham Hotel Group plans a makeover for its 16 brands, most of which are economy and midscale hotels. One goal is to make each of the brands more distinct. MGM Resorts MGM Resorts says it will remake the Monte Carlo Resort and Casino in Las Vegas into a 2,700-room Park MGM and a 292-room NoMad Las Vegas. The 20-year-old hotel will continue to operate during a renovation that is expected to cost $450 million. Swire Hotels Hong Kong's Swire Hotels has opened the East Hotel in Miami, the group's first property outside of China. CIRCLE NO. 9 MAKE YOUR SMART CHOICE TODAY CALL NOW 1.800.585.7614 • WWW.RAPIDRH.COM • Easiest to Comply with ASTM F2170 • 10 Times FASTER • Lowest Cost/Test • Simplest to Use U.S. Patent 7,231,815, 8,047,056 & 9,032,791. Additional patents pending ® Smart Sensors, Smart Choices! 4.0 EX SINGLE USE #1 selling RH test on the market for over 10 years 5.0 REUSABLE So advanced, it's almost automatic AroundtheIndustry (continued) 1.6 The percent increase of supply growth that is projected for 2016, according to a forecast by Marcus & Millichap. That is continued good news, based on the hotel sector's new highs for occupancy and room revenue last year, the study says. The growth is spurring construction that may moderate growth this year and moving forward. In the May/June issue of Commercial Construction & Renovation magazine, we incorrectly listed the information for IDC Construction in our General Contractors Survey. IDC Construction was established in 1999 and has 50 employees. »» Correction