hotel construction pipeline trend report
At Year-End 2021, Global Hotel Construction Pipeline Counts Essentially Even Year-Over-Year
Lodging Econometrics | February 24, 2022
PORTSMOUTH, NH – February 24, 2022 – The latest Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) states that, at Q4 2021, the global hotel construction pipeline stands at 13,770 projects/2,304,386 rooms. Year-over-year (YOY) the total global pipeline decreased 1% by projects and is largely unchanged by rooms. Worldwide, at year-end, there are 6,101 projects/1,136,680 rooms currently under construction. Projects scheduled to start construction in the next 12 months stand at 3,547 projects/518,159 rooms at the end of 2021, and projects in the early planning stage are at all-time highs and stand at 4,122 pr...
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...
Asia Pacific’s Construction Pipeline, Excluding China, Experiences Slight Decline in Q2’21
Lodging Econometrics | August 12, 2021
PORTSMOUTH, NH – August 12, 2021 – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline dropped to 1,701 projects/364,487 rooms, down 11% by projects and 10% by rooms, year-over-year (YOY). At the end of the second quarter, the region has 852 projects with 195,940 rooms under construction. Projects scheduled to start construction in the next 12 months stand at 390 projects/73,447 rooms and projects in the early planning stage stand at 459 projects/95,100 rooms. Countries in the Asia Pacific region continue to face the o...
The Asia Pacific Construction Pipeline, Excluding China, Remains Steady Year-Over-Year
Lodging Econometrics (LE) | December 1, 2020
December 1, 2020 – PORTSMOUTH, NH – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, remained steady year-over-year (YOY) to end the third quarter of 2020 at 1,820 projects/385,194 rooms, up 2% by projects and down slightly by 1% by rooms YOY. While coronavirus cases surge again across Europe and the United States, the Asia Pacific region has been one of the few regions of the world to successfully control the spread of COVID-19. This has allowed for hotel construction to continue throughout the ...
Marriott, Hilton and AccorHotels Lead Construction Pipeline in the Middle East and Africa
Lodging Econometrics (LE) | June 8, 2018
June 8, 2018 – PORTSMOUTH, NH – According to the recent Hotel Construction Pipeline Trend Reports for Africa and the Middle East, the top hotel company construction pipelines in the Middle East and Africa are: Marriott International with 154 Projects/33,386 Rooms, Hilton Worldwide with 130 Projects/32,725 Rooms, AccorHotels with 103 Projects/25,430 Rooms, Radisson Hotel Group with 44 Projects/11,184 Rooms and InterContinental Hotels Group (IHG) with 31 Projects/7,445 Rooms. The largest brand in the Pipeline for each of the these companies are: Marriott's Courtyard with 23 Projects/5,033 Rooms, Hilton's full-service hotel wit...
AccorHotels Tops Europe’s Construction Pipeline Followed by Marriott, Hilton and IHG
Lodging Econometrics | June 6, 2018
June 6, 2018 – PORTSMOUTH, NH According to a recent Hotel Construction Pipeline Trend Report for Europe, analysts at Lodging Econometrics (LE) report that the top global hotel companies in Europe's Construction Pipeline are: AccorHotels with 209 Projects/26,936 Rooms, Marriott International with 187 Projects/31,855 Rooms, Hilton Worldwide with 170 Projects/26,870 Rooms and InterContinental Hotels Group (IHG) with 133 Projects/22,590 Rooms. The largest brands in the Pipeline for each of the these companies are: Accor's Ibis Styles with 50 Projects/6,498 Rooms, Marriott's Moxy with 56 Projects/10,302 Rooms, Hilton's Hampton Inn w...
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