u.s. hotel construction pipeline
Marriott, Hilton, and IHG Close Q4 2022 With Largest Projects Counts in Every Stage of the U.S. Construction Pipeline
Lodging Econometrics (LE) | January 26, 2023
January 26, 2023 – PORTSMOUTH, NH As reported in the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE) for 2022, the franchise companies with the largest construction pipelines at the end of Q4 are led by Marriott International (Marriott) with 1,490 projects/180,113 rooms. Following Marriott is Hilton Worldwide (Hilton) with 1,378 projects/154,790 rooms and InterContinental Hotels Group (IHG) with 789 projects/78,951 rooms. Combined, these three companies account for 67% of the projects and 64% of the rooms in the total pipeline. At the close of the quarter, these top franchise companies also ...
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...
Project and Room Counts in All Stages of the U.S. Hotel Construction Pipeline Increase YOY at Q4 2022 Close
Lodging Econometrics (LE) | January 23, 2023
January 23, 2023 – PORTSMOUTH, NH In the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms Year-Over-Year (YOY). In Q4, all stages of hotel construction in the U.S. experienced positive YOY growth. At the close of the quarter, there are 1,008 projects/135,492 rooms under construction, up 4% by projects and 3% rooms YOY. Projects scheduled to start construction in the next 12 months stand at 2,073 projects/235,222 rooms, up 14% by proje...
Three Franchise Companies Account for 66% of the Projects in the U.S. Construction Pipeline at Q3 2022 Close
Lodging Econometrics (LE) | October 31, 2022
October 31, 2022 – PORTSMOUTH, NH According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of Q3 2022 are led by Marriott International with 1,385 projects/168,725 rooms. Following Marriott is Hilton Worldwide with 1,351 projects/152,383 rooms, and InterContinental Hotels Group (IHG) with 787 projects/79,382 rooms. Combined, these three companies account for 66% of the projects and 64% of the rooms in the total pipeline. Each company has seen growth year-over-year. These three franchise companies also have the ...
The U.S. Hotel Construction Pipeline Shows Positive Growth Year-Over-Year at Q3 2022 Close
Lodging Econometrics (LE) | October 26, 2022
October 26, 2022 – PORTSMOUTH, NH According to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY). At the close of Q3, there are 987 projects/135,050 rooms under construction in the U.S. Projects scheduled to start construction in the next 12 months, stand at 2,074 projects/236,894 rooms, up 14% by projects and 13% by rooms YOY, respectively. Project counts in the early planning stage reached record highs, in Q3, standing at 2,256 projects/257,545 rooms, a 1...
As Travel Returns, U.S. Hotel Construction Pipeline Growth Follows
Lodging Econometrics (LE) | July 27, 2022
July 27, 2022 – PORTSMOUTH, NH According to the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. construction pipeline stands at 5,220 projects/621,268 rooms at the close of 2022’s second quarter, up 9% Year-Over-Year (YOY) by projects and 4% YOY by rooms. At Q2 ‘22, there are 965 projects/130,914 rooms currently under construction, down 17% YOY by projects and 18% YOY by rooms. Projects scheduled to start in the next 12 months, at 2,009 projects/232,163 rooms, are up 9% YOY by projects and 9% YOY by rooms. Projects and rooms in early planning reached a record high i...
Marriott, Hilton, and IHG Account for 67% of U.S. Construction Pipeline Projects
Lodging Econometrics | April 28, 2022
April 28, 2022 – PORTSMOUTH, NH – In the recently released Q1 2022United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest U.S. construction pipelines at the end of 2022’s first quarter are Marriott International, with 1,359 projects/171,820 rooms, followed by Hilton Worldwide, with 1,287 projects/146,579 rooms, and InterContinental Hotels Group (IHG), with 785 projects/79,095 rooms. These three companies combined account for 67% of the projects and 66% of the rooms in the total U.S. construction pipeline. At the end of Q1'22, the franchise company with the most project...
The Dallas Market Continues to Lead the U.S. Hotel Construction Pipeline at the Close of the First Quarter
Lodging Econometrics | April 26, 2022
April 26, 2022 – PORTSMOUTH, NH – In the Q1 2022 U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of the first quarter, Dallas leads all U.S. markets in the number of pipeline projects with 165 projects/19,730 rooms. Following Dallas, the U.S. markets with the largest hotel construction pipelines by project count are Atlanta, with 135 projects/17,646 rooms; Los Angeles with 123 projects/20,176 rooms; New York with 122 projects/20,864 rooms; and Phoenix, with 103 projects/13,820 rooms. Markets with the greatest number of projects already under construction are New York, with 90 projects/14,710 ...
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