hotel construction pipeline
Projects in Early Planning in the Middle East Hotel Construction Pipeline Hit All-Time High in Q2 ‘23
Lodging Econometrics (LE) | August 29, 2023
August 29, 2023 – PORTSMOUTH, NH In the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region continues to show steady pipeline growth in the second quarter of 2023, with the highest project count since Q1 2020. The total pipeline stands at 597 projects/146,521 rooms, up 10% and 5%, respectively, year-over-year (YOY). At the close of the second quarter, projects under construction stand at 330 projects/90,619 rooms. Projects scheduled to start construction in the next 12 months increased 17% by projects YOY to 102 projects with 23,909 rooms. Projects in the early planning stage increase...
Dallas Is Tops With the Largest Hotel Construction Pipeline in the U.S. and Record-High Project Counts at the Close of Q4 2022
Lodging Econometrics (LE) | January 25, 2023
January 25, 2023 – PORTSMOUTH, NH According to the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. Following Dallas is Atlanta with 145 projects/18,100 rooms, Los Angeles with 122 projects/19,419 rooms, Phoenix with 116 projects/16,229 rooms, and Nashville with 106 projects/14,198 rooms. U.S. markets with the most projects currently under construction are New York, with 61 projects/9,976 rooms, and Phoenix, with 28 projects/5,522 rooms. Fo...
Hotel Renovation Projects in Canada Show Substantial YOY Increase at Q3 Close
Lodging Econometrics (LE) | November 8, 2022
November 8, 2022 – PORTSMOUTH, NH According to the recent Hotel Construction Pipeline Report for Canada by Lodging Econometrics (LE), LE analysts report that in the third quarter of 2022 the total construction pipeline in Canada stands at 263 projects/34,825 rooms, up 2% by projects and rooms year-over-year (YOY). At the Q3 close, projects presently under construction in Canada stand at 54 projects/6,984 rooms. Projects scheduled to start construction in the next 12 months are at 105 projects/14,270 rooms, a 24% increase by projects and a 37% increase in rooms YOY. Projects in the early planning stage show a slight 2% increase with 10...
At Year-End 2021, Europe’s Hotel Construction Pipeline Stands at 1,824 Projects/295,152 Rooms
Lodging Econometrics | February 21, 2022
PORTSMOUTH, NH – February 21, 2022 – In the 2021 year-end Europe Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE), analysts report Europe’s hotel construction pipeline stands at 1,824 projects and 295,152 rooms at the close of the fourth quarter. From 2014 through 2020, Europe’s construction pipeline experienced a steady year-over-year (YOY) increase in project totals. Starting in Q2 2021 and continuing throughout the year, this trend has been reversing with the region’s construction pipeline totals falling slightly below 2019’s year-end totals. This drop in project totals is due to development and opening...
Latin America’s Hotel Construction Pipeline Closes Out 2021 With 563 Projects/101,523 Rooms
Lodging Econometrics | February 7, 2022
PORTSMOUTH, NH – February 7, 2022 – As seen in the Lodging Econometrics (LE) 2021 year-end Construction Pipeline Trend Report for Latin America, the total hotel construction pipeline at the end of the fourth quarter stands at 563 projects/101,523 rooms. The region’s pipeline experienced an 11% decline in projects and a 7% decrease in rooms, year-over-year (YOY) in Q4. At the close of Q4 ‘21, projects under construction stand at 281 projects/58,813 rooms. Projects scheduled to start construction in the next 12 months are at 147 projects/20,732 rooms. Projects in the early planning stage stand at 135 projects/21,978 rooms. New proj...
Dallas Leads as the Top Market by Project Count in the U.S. Hotel Construction Pipeline at Year-End 2021
Lodging Econometrics | January 27, 2022
PORTSMOUTH, NH – January 27, 2022 – In the recent U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of the fourth quarter of 2021, Dallas leads the U.S. markets in the number of pipeline projects with 152 projects/18,180 rooms. Following Dallas, the U.S. markets with the largest total hotel construction pipelines by project count are Atlanta, at a cyclical high, with 133 projects/17,593 rooms; New York City with 121 projects/19,303 rooms; Los Angeles with 120 projects/19,815 rooms; and Houston, with 91 projects/9,912 rooms. Despite the impact COVID-19 has had on hotel development, three mark...
The Los Angeles Market Leads the Hotel Construction Pipeline by Rooms at the end of Q4‘21
Lodging Econometrics | January 25, 2022
PORTSMOUTH, NH – January 25, 2022 – As much of the industry, including Lodging Econometrics (LE), attends America’s Lodging Investment Summit (ALIS) in Los Angeles, LE releases its recent Hotel Construction Pipeline Trend Report. This informative report includes a summarization of the current hotel construction pipeline activity in the Los Angeles market as it does every other Top 50 Market. With a focus on the Los Angeles market, analysts at LE report that, at the end of 2021’s fourth quarter, Los Angeles has a total of 120 projects/19,815 rooms in the construction pipeline. At Q4‘21, Los Angeles has the highest room count in...
The U.S. Construction Pipeline Stands at 4,814 Projects/581,953 Rooms at Year-End 2021
Lodging Econometrics | January 24, 2022
PORTSMOUTH, NH – January 24, 2022 – Analysts at Lodging Econometrics (LE) report that at the fourth quarter close of 2021, the total U.S. construction pipeline stands at 4,814 projects/581,953 rooms, down 8% by projects and 10% by rooms year-over-year (YOY). While project totals have dipped slightly YOY, the number of projects in the early planning stage continues to rise. In the final quarter of 2021, projects in the early planning stage experienced an 18% increase by projects and 11% by rooms YOY, for a total of 2,021 projects/239,816 rooms. Projects scheduled to start construction in the next 12 months stand at 1,821 projects/210,...
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