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Projects Counts in the Middle East Hotel Construction Pipeline Remain Unchanged at the End of Q1 ‘22
Lodging Econometrics | May 31, 2022
May 31, 2022 – PORTSMOUTH, NH According to Lodging Econometrics’ (LE) Construction Pipeline Trend Report for the Middle East, at the end of 2022’s first quarter, the region’s hotel construction pipeline stands at 536 projects/138,915 rooms, unchanged by project counts and down 9% by rooms year-over-year (YOY). At Q1 ‘22, projects currently under construction stand at 331 projects/91,421 rooms, down 4% by projects and 16% by rooms YOY. Projects scheduled to start construction in the next 12 months are at 78 projects/22,041 rooms, an 11% decrease by projects and 8% increase by rooms YOY. Projects in the early planning stage are at...
Europe’s Hotel Construction Pipeline Sees Slight Decline Year-Over-Year at the End of Q1 ‘22
Lodging Econometrics | May 26, 2022
May 26, 2022 – PORTSMOUTH, NH According to the most recent Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Europe ends 2022’s first quarter with 1,781 projects/277,290 rooms. An 8% decrease by projects and an 11% decrease by rooms year-over-year (YOY). Projects under construction stand at 875 projects/141,304 rooms, at the end of Q1 ‘22, while projects scheduled to start construction in the next 12 months stand at 443 projects/65,611 rooms. Projects in the early planning stage are at 463 projects/70,375 rooms, projects in this stage are up 5% by projects and down 1% by rooms YOY. Similar to other regions ...
China’s Hotel Construction Pipeline Hits Record High Project & Room Counts at Q1 2022
Lodging Econometrics | May 19, 2022
May 19, 2022 – PORTSMOUTH, NH According to the latest Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of Q1 ‘22, China’s total hotel construction pipeline reached record high project and room counts, standing at 3,711 projects/704,101 rooms and up 8% by projects and 7% by rooms year-over-year (YOY). China has 2,623 projects/477,245 rooms presently under construction, both at record highs, and up 11% and 12% YOY, respectively. Projects scheduled to start construction in the next 12 months stand at 504 projects/96,054 rooms. Projects and rooms in the early planning stage are up 26% and 17% YOY, respective...
At Q1 ‘22 Asia Pacific’s Hotel Construction Pipeline, Excluding China, Shows Moderate Growth Year-Over-Year
Lodging Econometrics | May 18, 2022
May 18, 2022 – PORTSMOUTH, NH According to the Q1 2022 Construction Pipeline Trend Report from Lodging Econometrics (LE), the hotel construction pipeline in the Asia Pacific region, excluding China, has 1,880 projects/404,060 rooms, up 7% by projects and 9% by rooms Year-Over-Year (YOY). At the end of the first quarter, in the Asia Pacific hotel construction pipeline excluding China, there are currently 949 projects/214,215 rooms under construction, up 9% by projects and 10% by rooms YOY. Projects scheduled to start construction in the next 12 months are at 357 projects/74,459 rooms and projects in early planning, hit a record-high this...
At the Q1 ‘22 Close, Latin America’s Hotel Construction Pipeline has 563 Projects/92,356 Rooms Down 7% & 11% YOY
Lodging Econometrics | May 9, 2022
May 9, 2022 – PORTSMOUTH, NH According to Lodging Econometrics’ (LE’s) Construction Pipeline Trend Report for Q1 2022, the Latin America Hotel Construction Pipeline stands at 563 projects/92,356 rooms, down 7% by projects and 11% by rooms, year-over-year (YOY). Projects presently under construction stand at 271 projects/49,145 rooms. Projects scheduled to start construction in the next 12 months stand at 148 projects/22,128 rooms and those in the early planning stage are at 144 projects/21,083 rooms. The early planning stage of the pipeline in Latin America is the only stage with growth, up 44% by projects and 30% by rooms YOY. This...
At Q1’22, the Province of Ontario Leads Canada’s Hotel Construction Pipeline
Lodging Econometrics | April 29, 2022
April 29, 2022 – PORTSMOUTH, NH As reported in the Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, at Q1 2022, the country’s hotel construction pipeline currently stands at 258 projects/35,768 rooms. Construction pipeline projects remain unchanged year-over-year (YOY), while rooms are up by 1%. At the close of the first quarter, projects under construction in Canada stand at 62 projects/8,114 rooms. Projects scheduled to start construction in the next 12 months stand at 91 projects/12,473 rooms, a 23% increase by projects and 50% by rooms YOY, and projects in the early planning stage stand at 105 projects/15...
At Q121 the Asia Pacific Construction Pipeline, Excluding China, Stands at 1,759 Projects/371,856 Rooms
Lodging Econometrics (LE) | June 1, 2021
June 1, 2021 – PORTSMOUTH, NH According to analysts at Lodging Econometrics (LE), the aAsia Pacific region construction pipeline, excluding China, ended the first quarter of 2021 at 1,759 projects/371,856 rooms, down 8% by both projects and rooms year-over-year (YOY). Throughout the region, countries are working to roll out vaccines as they continue the battle against COVID-19. As of May 23, the Maldives lead the region’s vaccine race with 29.24% of adult residents fully vaccinated. Singapore and Mongolia follow the Maldives, with just over 27% of each population reported as fully vaccinated. As more countries throughout the region...
Europe’s Hotel Construction Pipeline Remains Healthy and Continues to Grow in the First Quarter of 2021
Lodging Econometrics (LE) | May 25, 2021
May 25, 2021 – PORTSMOUTH, NH – According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the start of 2021, Europe’s hotel construction pipeline increased 5% by projects and 6% by rooms year-over-year (YOY). Europe ends the first quarter of 2021 with 1,928 projects/310,523 rooms, a record high project and room count for the region. As the hotel construction pipeline remains strong in Europe, vaccination rates also continue to rise and European governments are beginning to ease restrictions on travel and tourism. On May 19, the European Union (EU) announced t...
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