Lodging Econometrics (LE) | September 28, 2016

September 28, 2016 – PORTSMOUTH, NH

According to the recent Global Construction Pipeline Trend Report from Lodging Econometrics (LE), who tabulates the Construction Pipeline for 182 countries worldwide, the total pipeline has 11,260 Projects/1,919,370 Rooms, up 3% by projects and rooms Year-Over-Year (YOY).

For hotels currently Under Construction, the Global Pipeline has 5,232 Projects/986,995 Rooms, down 2% by projects and up 1% by rooms YOY. There are 3,396 Projects/489,503 Rooms Scheduled to Start Construction in the Next 12 Months, up 19% by projects and 17% by rooms. Projects in Early Planning, 2,632 Projects/442,872 Rooms, are down 2% by projects and 4% by rooms.