europe hotel construction pipeline
Europe’s Hotel Construction Pipeline Is Accelerating and Hitting All-Time Highs Amidst Concerns of an Economic Slowdown Ahead
Lodging Econometrics (LE) | June 10, 2019
June 10, 2019 – PORTSMOUTH, NH -- Analysts at Lodging Econometrics (LE) report that Europe’s hotel construction pipeline continues its robust up-swing in 2019 with 1,670 projects/254,600 rooms, a remarkable 22% increase in projects and 19% increase in rooms year-over-year (YOY). There has been an optimistic, upward trend in the European service and construction sectors, which is off-setting the weak outlook for exports and the on-going short-falls in manufacturing. New construction is being positively impacted by accommodative lending policies. Unemployment is at a 19-year low, yet an economic slowdown is still predicted for 2019. T...
Europe Hotel Construction Pipeline Booming With 22% YOY Growth and Middle East Pipeline Up With 11% YOY Growth
Lodging Econometrics | February 26, 2018
February 26, 2018 – PORTSMOUTH, NH – In line with its surging economic recovery, a recent Hotel Construction Pipeline Trend Report for Europe states that the Total Pipeline is booming with 1,316 Projects/205,650 Rooms, up 22% by projects Year-Over-Year (YOY) according to Lodging Econometrics (LE). There are 636 Projects/103,736 Rooms Under Construction, up 19% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 412 Projects/63,815 Rooms, up 45%, while projects in Early Planning at 268 Projects/38,099 Rooms are up by 2%. The top countries in the Europe Construction Pipeline are: United Kingd...
Lodging Econometrics | September 14, 2017
September 14, 2017 – PORTSMOUTH, NH – The Europe Hotel Construction Pipeline Trend Report states that the Total Pipeline has 1,186 Projects/185,799 Rooms, up 25% by projects Year-Over-Year (YOY) according to Lodging Econometrics (LE). There are 559 Projects/94,170 Rooms Under Construction, up 32% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 401 Projects/58,646 Rooms, up 70%, while projects in Early Planning at 226 Projects/32,983 Rooms are down by 23%. The top hotel companies in Europe's Construction Pipeline are: AccorHotels with 201 Projects/24,593 Rooms, Hilton Worldwide with 166 ...
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