Marriott Takes Top Spot for Franchise Companies with Most Rooms in Construction Pipeline Trend Report
May 19, 2017 8:51am
May 19, 2017 – PORTSMOUTH, NH – According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines by rooms in Q117 are; Marriott with 163,063 Rooms/1,264 Projects, Hilton with 146,104 Rooms/1,279 Projects and IHG with 82,771 Rooms/795 Projects. These 3 franchise companies comprise 65% of all rooms in the Total Pipeline.
The largest brand for each of these companies are; Marriott’s Fairfield Inn with 27,220 Rooms/285 Projects, Hilton’s Home2 Suites with 36,074 Rooms/344 Projects and IHG’s Holiday Inn Express with 38,160 Rooms/412 Projects.
The franchise companies with the most New Project Announcements by rooms into the Pipeline in the first quarter were; Hilton with 18,387 Rooms/162 Projects, Choice with 8,118 Rooms/117 Projects and Marriott with 7,129 rooms/55 Projects. These companies represent 59% of all new rooms announced.
Tags: lodging econometrics,
construction pipeline trend report
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: Emily Dennison
The Americas, Asia Pacific and EMEA Are the Top World Regions in the Global Hotel Construction Pipeline
7% Year-Over-Year Growth in the Global Construction Pipeline
Construction Pipeline Growth in China and Its Major Cities Shows Marginal Growth Up 2% Year-Over-Year
Marriott, AccorHotels and IHG Top Asia Pacific Construction Pipeline, Excluding China
Asia Pacific's Top Countries and Cities for Hotel Construction Excluding China
The Asia Pacific Hotel Construction Pipeline Excluding China Continues Double Digit Increases Year-Over-Year
Top Countries & Cities in the Middle East and Africa Hotel Construction Pipelines Are Saudi Arabia, UAE and Qatar
Marriott, Hilton and AccorHotels Lead Construction Pipeline in the Middle East and Africa
The Middle East and Africa Hotel Construction Pipelines Continue to Grow
Germany Leads Europe's Hotel Construction Pipeline; London Ranks as Top City
Europe's Hotel Construction Pipeline Is Healthy and Continues to Rise
Latin America's Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY
2.5% Growth Rate of New Hotel Openings Expected in 2018 and 2019 in the United States
Extended-Stay Hotels Account for 27% of All Projects Under Construction in the United States
43% of All U.S. Hotel Construction Projects Are Upper Midscale
Total Construction Pipeline in Canada Up 11% by Projects YOY
Marriott Leads U.S. Construction Pipeline With 1,383 Projects Followed by Hilton and IHG
U.S. Markets With the Largest Construction Pipelines & Highest 2018 Growth Rates
The U.S. Construction Pipeline Showed Healthy Growth in the First Quarter
North America Tops Global Construction Pipeline With 6,226 Projects Followed by Asia Pacific and EMEA
Please login or register to post a comment.