Upper Midscale and Upscale Projects Lead the U.S. Construction Pipeline Comprising 67% of Total Pipeline
January 31, 2018 12:40pm
January 31, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Upper Midscale category stands at 2,129 Projects/211,724 Rooms, and has the largest project count of all chain scales in the Total U.S. Construction Pipeline. The second largest is the Upscale category which has 1,339 Projects/172,723 Rooms. Together, the Upper Midscale and Upscale Pipelines comprise 67% of all projects in the Total Pipeline.
The brands with the largest number of projects in Upper Midscale are: IHG’s Holiday Inn Express with 444 Projects/41,343 Rooms; Hilton’s Home2 Suites 355 Projects/37,188 Rooms and Hampton Inn & Suites with 314 Projects/32,386 Rooms, and Marriott’s Fairfield Inn with 303 Projects/29,051 Rooms.
In Upscale, the top brands are: Marriott’s Residence Inn with 199 Projects/24,680 Rooms, and SpringHill Suites with 174 Projects/19,931 Rooms followed by Courtyard by Marriott with 139 Projects/18,000 Rooms and Hilton Garden Inn with 134 Projects/17,616 Rooms.
Tags: lodging econometrics,
u.s. 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: Emily Dennison
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