January 29, 2018 – PORTSMOUTH, NH – According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are; Marriott with 1,410 Projects/180,647 Rooms, Hilton with 1,287 Projects/144,958 Rooms and IHG with 831 Projects/84,865 Rooms. These 3 franchise companies comprise 69% of all projects in the Total Pipeline.
The largest brands for each of these companies are: Marriott’s Fairfield Inn with 303 Projects/29,051 Rooms and TownePlace Suites with 208 Projects/21,299 Rooms; Hilton’s Home2 Suites with 355 Projects/37,188 Rooms and Hampton Inn & Suites with 314 Projects/32,386 Rooms; and IHG’s Holiday Inn Express with 444 Projects/41,343 Rooms and Staybridge Suites with 135 Projects/14,124 Rooms.
By the close of 2018, Marriott is forecasted to open 351 Projects/43,587 Rooms, Hilton is set to open 294 projects/32,192 Rooms and IHG expects 174 Projects/17,982 Rooms to open. Marriott also leads in new openings for 2019 with 362 Projects/44,624 Rooms, IHG is anticipating 272 Projects/26,983 Rooms and Hilton expects 253 Projects/28,584 Rooms to open next year.