June 18, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that according to the recent China Construction Pipeline, the Total Pipeline has 2,481 Projects/546,424 Rooms, up 2% Year-Over-Year (YOY).
There are 1,725 Projects/368,927 Rooms Under Construction, up less than 1% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 410 Projects/86,995 Rooms, up 27% by project YOY, while projects in Early Planning at 346 Projects/90,502 Rooms are down 13%.
Cities in China with the largest pipelines are: Shanghai with 129 Projects/25,750 Rooms, Guangzhou with 106 Projects/25,481 Rooms, Chengdu with 89 Projects/19,723 Rooms, Hangzhou with 77 Projects/17,255 Rooms, Suzhou with 75 Projects/14,713 Rooms and Beijing with 68 Projects/11,551 Rooms.
According to Lodging Econometrics (LE), the top hotel companies in China’s construction pipeline by project count are: Hilton Worldwide with 347 projects/80,532 rooms, InterContinental Hotels Group (IHG) with 296 projects/71,191 rooms, Marriott International with 283 projects/79,018 rooms, and AccorHotels with 141 projects/26,756 rooms.
The largest brand in the pipeline for each of the these companies is: Hilton’s Hampton Inn & Suites with 164 projects/25,503 rooms, IHG’s Holiday Inn Express with 131 projects/25,194 rooms, Marriott’s full-service hotel with 63 projects/19,361 rooms, and Accor’s Ibis with 47 projects/5,041 rooms.
