Top Cities in the World for Hotel Construction
April 15, 2016 12:49pm
April 15, 2016 – PORTSMOUTH, NH – According to the latest Global Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five cities with the largest construction pipelines in the world by room count are: New York with 34,788 Rooms/204 Projects; Seoul with 28,223 Rooms/132 Projects; Dubai with 27,194 Rooms/94 Projects; Shanghai with 23,245 Rooms/115 Projects; and Jakarta with 22,463 Rooms/128 Projects. All of these pipelines showed room count increases in 2015, with the exception of Jakarta which was down slightly.
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Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.
Contact: Peter Martin
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