u.s. hotel construction pipeline

/Tag: u.s. hotel construction pipeline

u.s. hotel construction pipeline

For the Second Quarter of 2019, the U.S. Hotel Construction Pipeline Continued Its YOY Growth Spurt Even as Business Investment Declined for the First

Lodging Econometrics | July 31, 2019

PORTSMOUTH, NH -- July 31, 2019 -- Analysts at Lodging Econometrics (LE) reported for the second quarter of 2019, the total U.S. construction pipeline climbed to 5,653 projects/693,207 rooms, up 6% by projects and 9% by rooms year-over-year (YOY). Pipeline totals are just 230 projects shy of the all-time high of 5,883 projects/785,547 rooms reached in the second quarter of 2008. Projects currently under construction stand at 1,727 projects/233,600 rooms with projects scheduled to start construction in the next 12 months at 2,552 projects/295,989 rooms. Both are at the highest levels since early 2008.  Projects in the early planning stage ...

The Year-End U.S. Hotel Construction Pipeline Continues Steady Growth Trend...

Lodging Econometrics | January 30, 2019

January 30, 2019 – PORTSMOUTH, NH – At the end of 2018, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to trend upward with 5,530 projects/669,456 rooms, both up a strong 7% year-over-year (YOY). However, pipeline totals continue to trail the all-time high of 5,883 projects/785,547 rooms reached in the second quarter of 2008. Project counts in the early planning stage continue to rise reaching an all-time high of 1,723 projects/199,326 rooms, up 14% by projects and 12% by rooms YOY. Projects scheduled to start construction in the next 12 months stand at 2,153 projects/255,0...

U.S. Hotel Construction Pipeline Shows Moderate Increases Up 4 Percent by Projects and Rooms YOY...

Lodging Econometrics | November 2, 2017

November 2, 2017 – PORTSMOUTH, NH – According to a recent report by Lodging Econometrics (LE), the U.S. Construction Pipeline stands at 5,011 Projects/608,837 Rooms, up 4% by projects and rooms Year-Over-Year (YOY). There are 1,592 Projects/208,523 Rooms Under Construction, up 8% and 7% YOY, respectively, the highest counts recorded this cycle. Projects Scheduled to Start Construction in the Next 12 Months, at 2,198 Projects/251,259 Rooms are down 1% YOY. Projects in Early Planning are at 1,221 Projects/149,055 Rooms. While these projects are up 10% YOY, the properties are smaller resulting in lower room-counts. The Pipeline...

Extended-Stay Hotels Set for Substantial Growth According to U.S. Hotel Construction Pipeline...

Lodging Econometrics | September 8, 2017

September 8, 2017 – PORTSMOUTH, NH – Through the first half of the year, there are 1,288 Projects/136,649 Rooms of extended-stay projects in the U.S. Hotel Construction Pipeline according to Lodging Econometrics (LE). 400 Projects/44,738 Rooms are Under Construction, and account for 26% of all projects Under Construction in the Total Pipeline. 643 Projects/68,242 Rooms will Start Construction in the Next 12 Months while an additional 245 Projects/23,669 Rooms are in Early Planning. Home2 Suites by Hilton currently has 343 Projects/35,845 Rooms of extended-stay projects in the Pipeline, the largest of any brand. The second la...

New York Market Leads U.S. Markets with the Largest Construction Pipeline Followed by Houston and Dallas...

Lodging Econometrics | August 30, 2017

August 30, 2017 – PORTSMOUTH, NH – In the second quarter, analysts at Lodging Econometrics (LE) report that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 190 Projects/31,923 Rooms; Houston with 159 Projects/17,472 Rooms; Dallas with 147 Projects/18,429 Rooms; Nashville with 125 Projects/16,697 Rooms; and Los Angeles with 109 Projects/17,029 Rooms. Dallas has the most New Hotel Openings forecasted for 2017 with 42 Hotels/5,029 Rooms, then New York, which is expected to open 38 Hotels/5,657 Rooms followed by Houston with 31 Hotels/3,182 Rooms. In 2018, New York is forec...

One Third of Upper Upscale Construction Pipeline Has Yet to Make a Branding Decision...

Lodging Econometrics | September 6, 2016

September 6, 2016 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Upper Upscale category in the U.S. Hotel Construction Pipeline is at 66,303 Rooms/307 Projects. About one third, 20,974 Rooms/101 Projects, have yet to make a branding decision. Of the 45,329 Rooms/206 Projects that have already made a branding decision, the franchise companies with the largest room-counts are Hilton Worldwide with 15,061 Rooms/78 Projects, Marriott International with 14,381 Rooms/56 Projects and Starwood with 5,839 Rooms/28 Projects. Hilton's two largest brands in the Upper Upscale Construction Pipeline are: Embassy S...

Houston, Texas Leads in Projects to Start Construction in the Next 12 Months...

Lodging Econometrics | August 18, 2016

August 18, 2016 – PORTSMOUTH, NH – Houston has 170 Projects/20,083 Rooms in the Hotel Construction Pipeline according to Lodging Econometrics (LE). Of all markets, Houston has the most projects Scheduled to Start Construction in the Next 12 Months with 87 Projects/9,771 Rooms. Other project stage totals consist of 49 Projects/6,692 Rooms Under Construction and 34 Projects/3,620 Rooms in Early Planning. With 29 projects Scheduled to Start Construction in the Next 12 Months, InterContinental Hotels Group (IHG) has the most scheduled projects of all franchise companies in Houston. Marriott International and Hilton Worldwide are...

Upper Midscale Projects Represent 45% of U.S. Construction Pipeline with 2,026 Projects...

Lodging Econometrics | June 8, 2016

June 8, 2016 – PORTSMOUTH, NH - Analysts at Lodging Econometrics report that there are 2,026 Upper Midscale projects in the U.S. Hotel Construction Pipeline, the highest count of any chain scale and representing 45% of Total Pipeline projects. The leading Upper Midscale brands are Holiday Inn Express with 389 projects, Hampton Inn & Suites with 336 projects and Home2Suites with 290 projects. These top three brands represent half of all projects in the Upper Midscale pipeline. ...

As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.