u.s. hotel construction pipeline
Lodging Econometrics | July 31, 2020
July 31, 2020 – PORTSMOUTH, NH – In the recently released quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of the second quarter of 2020 are Marriott International with 1,487 projects/195,952 rooms, followed by Hilton Worldwide with 1,395 projects/160,078 rooms, and InterContinental Hotels Group (IHG) with 920 projects/94,499 rooms. Combined these three companies account for 68% of the projects in the total pipeline; roughly the same percentage as the Q1’20 close. Hilton’s Home2 Suites and IHG’s Holiday Inn Expre...
Marriott, Hilton, and IHG Account for 69% of the Projects in the U.S. Hotel Construction Pipeline at the Close of the First Quarter of 2020*
Lodging Econometrics | May 4, 2020
May 4, 2020 – PORTSMOUTH, NH – According to the United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of the first quarter of 2020 are Marriott International with 1,556 projects/204,244 rooms, followed by Hilton Worldwide with 1,413 projects/161,743 rooms, and InterContinental Hotels Group (IHG) with 954 projects/97,547 rooms. Combined, the brands of these three franchise companies comprise 69% of the projects in the total U.S. pipeline. The leading brands by project count for these three companies continue to be Hilton’s Home2 Suite...
The Los Angeles Market Continues to Lead the U.S. Hotel Construction Pipeline at the Close of the First Quarter of 2020*
Lodging Econometrics | April 30, 2020
April 30, 2020 – PORTSMOUTH, NH - Analysts at Lodging Econometrics (LE) report that at the close of the first quarter of 2020, the top five U.S. markets with the largest total hotel construction pipelines are: Los Angeles with 166 projects/27,752 rooms; Dallas with 164 projects/19,999 rooms; New York City with 152 projects/26,111 rooms; Atlanta with 143 projects/19,423 rooms; and Houston with 132 projects/13,316 rooms. Nationally, under construction project counts hit a new all-time high with 1,819 projects with 243,100 rooms. Markets with the greatest number of projects already in the ground are led by New York City with 108 projects/1...
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 ...
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...
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...
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...
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