Close

Cart

Total $0.00

Checkout

June 14, 2016 – PORTSMOUTH, NH – According to a recent United States Construction Pipeline Trend Report from Lodging Econometrics, hotel development in the Upscale chain scale represents 1,384 projects, 31% of the Total Pipeline. The leading Upscale brands are Residence Inn with 168 Projects, Courtyard with 140 projects and SpringHill Suites with 124 projects. These three largest brands all belong to Marriott International and account for a third of all pipeline projects in the Upscale chain scale.

About Lodging Econometrics

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

pmartin@lodgingeconometrics.com / +1 603.427.9553

Related News

Latin America's Construction Pipeline Stalling With Pojects Down 5% YOY

Projects in Canada's Construction Pipeline Up 17% YOY

Mid-Market Brands Led Hotel Sales Volume in 2017

Orlando Tops 2017 Markets with 21 Hotels Sold and Average Selling Price Per Room of $96,402

Hotel Sales Volume Declines, Average Price Per Room Increases Moderately

Extended-Stay Hotels Account for 27% of All Projects Under Construction

2.5% Growth Rate of New Hotel Openings Expected in 2018 & 2019

Upper Midscale and Upscale Projects Lead the U.S. Construction Pipeline Comprising 67% of Total Pipeline

Marriott, Hilton and IHG Lead U.S. Construction Pipeline Comprising 69% of Total Pipeline

Marriott Boasts Largest Franchise in U.S. Construction Pipeline with 1,410 Projects Total

The Year-End U.S. Hotel Construction Pipeline Continues Its Upward Growth Trend, Projects Up 4% YOY

North America, Asia Pacific and EMEA Lead World Regions in Global Hotel Construction Pipeline

Global Hotel Construction Pipeline Up 8% YOY with 12,427 Projects

Shanghai Leads China's Construction Pipeline Followed by Guangzhou, Chengdu and Beijing

Asia Pacific Construction Pipeline Excluding China Up 15% by Projects YOY

Middle East Construction Pipeline Shows Growth with Projects Up 12% YOY

Europe's Hotel Construction Pipeline Up 22% Led by AccorHotels

Latin America’s Construction Pipeline is Stalling, Down 4% by Projects YOY

Projects in Canada's Construction Pipeline are Up 11% YOY

New Openings Growing Steadily as the Cycle Matures

All News »

Please login or register to post a comment.