Texas Has Largest Construction Pipeline with 673 Projects
May 19, 2016 9:44am
May 19, 2016 – PORTSMOUTH, NH – According to a recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), Texas has the largest pipeline of any state with 673 Projects/72,747 Rooms. Houston, Dallas and Austin account for 55% of all hotel development in Texas with 369 projects/44,459 rooms. Following Texas is California with 413 Projects/62,067 Rooms then New York with 325 Projects/47,909 Rooms.
The franchise companies with most pipeline projects in Texas are: InterContinental Hotels Group (IHG) with 141 Projects/14,542 Rooms, Hilton Worldwide with 133 Projects/15,255 Rooms, and Marriott International with 127 Projects/14,631 Rooms. IHG is led by its Holiday Inn Express brand, which has 72 projects. The top brand for Hilton is Home2 Suites with 45 projects while Marriott’s leading brand is Fairfield Inn with 35 projects.
Tags: lodging econometrics,
us construction pipeline
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
Marriott, Hilton, and IHG Top Franchise Companies and Brands in U.S. Construction Pipeline
New York City, Dallas and Houston Markets Lead U.S. Construction Pipeline
U.S. Construction Pipeline Continues Moderate Growth Year-Over-Year
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
Please login or register to post a comment.