u.s. construction pipeline

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u.s. construction pipeline

Marriott Tops Leading Companies in The U.S. Hotel Construction Pipeline Followed by Hilton and IHG

Lodging Econometrics (LE) | August 5, 2019

PORTSMOUTH, NH -- August 5, 2019 -- In the Lodging Econometrics (LE) second quarter report for 2019, the franchise companies leading the United States hotel construction pipeline are Marriott International with 1,469 projects/193,458 rooms, up 9% by projects and rooms year-over-year (YOY). Next, coming off of last quarter’s all-time high, is Hilton Worldwide currently at 1,372 projects/152,853 rooms, a 3% increase YOY. InterContinental Hotels Group (IHG) follows with 962 projects/97,647 rooms, also up 3% by projects and rooms, YOY. The leading brands in the construction pipeline for each of these three companies are Home2 Suites by Hilto...

New York Leads Markets in U.S. Hotel Construction Pipeline

Lodging Econometrics | August 1, 2019

PORTSMOUTH, NH -- August 1, 2019 -- At the end of the first half of 2019, analysts at Lodging Econometrics (L.E.) report that the top five markets with the largest hotel construction pipelines are New York City with 166 projects/28,231 rooms. Next are Dallas and Los Angeles with 162 projects/19,972 rooms and 158 projects/25,428 rooms, respectively. Houston follows with 146 projects/14,998 rooms, and Atlanta with 130 projects/17,280 rooms. With the exception of NYC and Houston, these top markets are at record high counts. The top ten markets in the pipeline including the five markets mentioned above plus Nashville, Austin, Orlando, Detroit,...

The U.S. Hotel Construction Pipeline Continues to Grow in the First Quarter as the Economy Shows Surprising Strength

Lodging Econometrics | May 13, 2019

May 13, 2019 – PORTSMOUTH, NH - At the end of the first quarter of 2019, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to expand with 5,647 projects/687,941 rooms, up a strong 7% by projects and 8% by rooms year-over-year (YOY). Pipeline totals are a mere 236 projects, or 4%, shy of the all-time high of 5,883 projects/785,547 rooms reached in the second quarter of 2008. The record should be pierced later in the year. Conversions and renovations are already at record levels. Projects currently under construction stand at 1,709 projects/227,924 rooms with projects scheduled to sta...

Marriott, Hilton and IHG Development Projects Lead the U.S. Hotel Construction Pipeline

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...

Franchise Companies and Brands Dominating the U.S. Construction Pipeline

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 ...

U.S. Construction Pipeline Continues on a Modest Growth Trajectory

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...

Extended-Stay Hotels Account for 27% of All Projects Under Construction in the United States

Lodging Econometrics | May 31, 2018

May 30, 2018 – PORTSMOUTH, NH According to recent reports from Lodging Econometrics (LE), 1,360 Projects/143,379 Rooms in the U.S. Construction Pipeline are Extended-Stay projects. Of these, 428 Projects/47,340 Rooms are already Under Construction, accounting for 27% of all projects Under Construction in the Total Pipeline. Additionally, 628 Projects/66,846 Rooms are Scheduled to Start Construction in the Next 12 Months while an additional 304 Projects/29,193 Rooms are in Early Planning.
 
 Home2 Suites by Hilton currently has the largest Extended-Stay Pipeline with 377 Projects/39,474 Rooms. The second largest brand is Marrio...

Marriott Leads U.S. Construction Pipeline With 1,383 Projects Followed by Hilton and IHG

Lodging Econometrics (LE) | May 4, 2018

According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are: Marriott with 1,383 Projects/177,926 Rooms, Hilton with 1,337 Projects/149,075 Rooms and IHG with 923 Projects/94,296 Rooms. These 3 franchise companies comprise 69% of all projects in the Total Pipeline. The largest brands for each of these companies are: Marriott's Fairfield Inn with 293 Projects/28,418 Rooms and TownePlace Suites with 206 Projects/21,193 Rooms; Hilton's Home2 Suites with 377 Projects/39,474 Rooms and Hampton Inn & Suites with 316 Projects/32,...

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