IHG’s Holiday Inn Express, Hilton’s Home2 Suites, and Marriott’s Fairfield Inn Claim 20% of U.S. Construction Pipeline Projects
Lodging Econometrics (LE) | May 14, 2019
May 13, 2019 – PORTSMOUTH, NH -- In the Lodging Econometrics (LE) first quarter report for 2019, analysts detailed the leading franchise companies and their brands in the construction pipeline. Leading in the pipeline is Marriott International with 1,499 projects/196,771 rooms and Hilton Worldwide with 1,386 projects/154,349 rooms, both at all-time record highs. InterContinental Hotels Group (IHG) follows with 980 projects/99,115 rooms. These three franchise companies alone comprise 68% of the projects in the total pipeline. The leading brands in the construction pipeline by project count for each of these three companies are IHG'...
Lodging Econometrics | February 4, 2019
February 4, 2019 – PORTSMOUTH, NH – In the Lodging Econometrics (LE) year-end report for 2018, analysts detailed the leading franchise companies and their brands in the construction pipeline. Marriott International tops the list with 1,498 projects/197,227 rooms, Hilton Worldwide with 1,359 projects/152,060 rooms, and InterContinental Hotels Group (IHG) with 972 projects/98,377 rooms. Sixty-nine percent of the projects in the pipeline derive from these three franchise companies. Marriott and Hilton both have pipelines that are up 6% by project count year-over-year (YOY). The two companies set new all-time pipeline records at...
Lodging Econometrics | January 30, 2019
January 30, 2019 – PORTSMOUTH, NH – At the end of 2018, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to trend upward with 5,530 projects/669,456 rooms, both up a strong 7% year-over-year (YOY). However, pipeline totals continue to trail the all-time high of 5,883 projects/785,547 rooms reached in the second quarter of 2008. Project counts in the early planning stage continue to rise reaching an all-time high of 1,723 projects/199,326 rooms, up 14% by projects and 12% by rooms YOY. Projects scheduled to start construction in the next 12 months stand at 2,153 projects/255,0...
Lodging Econometrics (LE) | November 9, 2018
November 9, 2018 – PORTSMOUTH, NH – According to the third quarter report by analysts at Lodging Econometrics (LE), the franchise companies dominating the U.S. construction pipeline with the largest pipelines are Marriott International with 1,380 projects/181,907 rooms, Hilton Worldwide with 1,350 projects/150,698 rooms, and InterContinental Hotels Group (IHG) with 939 projects/95,312 rooms. The construction pipelines for these three franchise companies comprise an impressive 68% of the total construction pipeline projects with Marriott and Hilton again setting all-time highs for their companies. The leading brands by project count in ...
Lodging Econometrics (LE) | November 8, 2018
November 8, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that in the third quarter of 2018 the total U.S. construction pipeline stands at 5,376 projects/650,576 rooms, up 7% from 2017's 5,011 projects/608,837 rooms. The total pipeline has been growing modestly over the past two years and is expected to continue its ascent at least into the first quarter of 2019. However, pipeline totals are still distant from the all-time high of 5,883 projects/785,547 rooms reached in the second quarter of 2008 and are not expected to reach those records again this cycle. Projects in the early planning stage with 1,5...
Global Construction Pipeline Projects Have Been Ascending for 4.5 Years and Have Reached Record Highs
Lodging Econometrics (LE) | September 24, 2018
Correction: New numbers received from Choice Hotels Choice Hotels with 705 hotels and 58,512 rooms. CORRECTION: As of June 30, 2018 Choice has 1,024 hotels and 84,350 rooms in its worldwide pipeline. The 25-year explosion of hotel brands now totals 610 globally. Marriott leads with 29 labels, followed by Accor with 25, Hilton and Choice with 15 each, and IHG and Hyatt with 12 each. CORRECTION: As of June 30, 2018 Choice had 11 brands September 24, 2018 – PORTSMOUTH, NH – Lodging Econometrics (LE) has released its bi-annual Global Construction Pipeline Trend Report, which compiles the construction pipeline counts for eve...
Asia Pacific’s Construction Pipeline, Excluding China, Is in Its 5th Year of Growth and May Be Nearing Its Peak
Lodging Econometrics | September 17, 2018
September 17, 2018 - In a recent report, analysts at Lodging Econometrics (LE) report that Asia Pacific's total construction pipeline, excluding China, is in its 5th year of growth and is at an all-time high of 1,749 projects/369,045 rooms. These pipeline totals are up a remarkable 306% by rooms and 270% by projects from the cycle's low of 473 projects/90,946 rooms recorded in the first quarter of 2007 when LE first began tracking development in Asia. Countries in the region are facing strong economic headwinds. Economies are slowing and many currencies compared to the dollar are falling, adversely affecting real estate investment. The ...
Middle East Hotel Construction Pipeline Continues Rapid Expansion With Highest Counts in Over a Decade
Lodging Econometrics | August 31, 2018
In the recent Middle East hotel construction pipeline report by analysts at Lodging Econometrics (LE), the region continues to show rapid pipeline expansion in the second quarter of 2018 with the highest counts since 2007 when LE first began recording. The total pipeline stands at 603 projects/175,288 rooms, an all-time high. These numbers show a lofty 119% increase in projects and 125% increase in rooms since the region's low in the fourth quarter of 2013 when the total pipeline bottomed at 275 projects/77,772 rooms. Projects presently under construction are at 355 projects/113,635 rooms and are at an all-time high. Projects scheduled ...
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