china construction pipeline
China’s Hotel Construction Pipeline Has Record High Project & Room Counts in Early Planning
Lodging Econometrics (LE) | November 16, 2022
November 16, 2022 – PORTSMOUTH, NH In the recent China Construction Pipeline Trend Report from Lodging Econometrics (LE), LE analysts report that China's total hotel construction pipeline, at the close of Q3 2022, stands at 3,604 projects/684,288 rooms, up 1% by projects and unchanged by rooms year-over-year (YOY). Currently, the country has 2,543 projects with 462,132 rooms under construction, with projects scheduled to start construction in the next 12 months at 417 projects with 78,990 rooms. Projects and room counts in the early planning stage reached record highs in the third quarter, up 13% by projects and 8% by rooms YOY, stand...
China’s Hotel Construction Pipeline Closes 2021 at New Record High
Lodging Econometrics | February 11, 2022
PORTSMOUTH, NH – February 11, 2022 – As seen in the Q4 2021 China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline at the end of the fourth quarter stands at 3,693 projects/700,567 rooms, up 9% by projects and rooms year-over-year (YOY). Despite the country’s COVID-19 travel restrictions for international visitors, hotel construction and development in China continued to thrive throughout 2021. At year-end, both projects and rooms in the construction pipeline are at new all-time highs, marking the highest totals the country has ever seen. Projects presently under constr...
Room Counts in China’s Hotel Construction Pipeline Reach All-Time High at the Q3 2021 Close
Lodging Econometrics | November 15, 2021
PORTSMOUTH, NH – November 15, 2021 – In the recently released China Construction Pipeline Trend Report by Lodging Econometrics (LE), at the end of the third quarter of 2021, China’s total construction pipeline stands at 3,571 projects/681,095 rooms, up 5% by projects and 7% by rooms year-over-year (YOY). Rooms in the country’s hotel construction pipeline are at an all-time high, and the pipeline is a mere three projects shy of the cyclical high of 3,574 projects set in the second quarter of 2020. While the COVID-19 pandemic continues to plague the global hospitality industry, China is showing signs of recovery. Large-scale vaccinat...
China’s Hotel Construction Pipeline Ends Q1 2021 With 3,440 Projects/656,828 Rooms
Lodging Econometrics | June 2, 2021
PORTSMOUTH, NH – June 2, 2021 – According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline stands at 3,440 projects/656,828 rooms at the end of Q1‘21, down 3% by projects and up 2% by rooms year-over-year (YOY). While project counts may be down YOY, the total number of rooms in China’s Construction Pipeline reached a cyclical peak this quarter and is the highest it’s been in over twelve years. The lodging industry in China is steadily working towards recovery from the COVID-19 pandemic. The country has administered approximately 511 million vaccines, ...
China’s Hotel Construction Pipeline Ends 2020 With 3,375 Projects/639,811 Rooms
Lodging Econometrics | March 1, 2021
PORTSMOUTH, NH – March 01, 2021 – According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline dipped slightly at the end of Q4 ’20 to stand at 3,375 projects/639,811 rooms, down 4% by projects and 1% by rooms year-over-year (YOY). This is the second quarter off the peak reached in Q2 ’20, where construction pipeline totals stood at 3,574 projects/647,704 rooms. However, due to China’s robust manufacturing and export industry, their GDP has remained strong throughout the pandemic, as has their construction industry. China currently has 2,293 projects/41...
China’s Hotel Construction Pipeline Hits All-Time High in the First Quarter of 2020 Despite COVID-19 Pandemic*
Lodging Econometrics | May 19, 2020
May 19, 2020 – PORTSMOUTH, NH - Analysts at Lodging Econometrics (LE) report that despite the COVID-19 outbreak, China's total construction pipeline continues to expand to an all-time high of 3,533 projects/645,764 rooms, up 24% by projects and 9% by rooms year-over-year (YOY). China has 2,330 projects/412,142 rooms presently under construction. Projects under construction remain near record-highs at the end of the first quarter even though many projects are delayed two to four months. Projects scheduled to start construction in the next 12 months experienced an enormous increase of 92% by projects and 45% by rooms YOY, to stand at a re...
China’s Hotel Construction Pipeline Closes 2019 Hitting New All-Time High*
Lodging Econometrics (LE) | March 4, 2020
March 4, 2020 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that China’s total construction pipeline boomed in the fourth quarter of 2019 and closed the quarter at 3,526 projects/643,435 rooms, up 28% by projects and 11% by rooms year-over-year (YOY). At the end of 2019, both projects and rooms in the construction pipeline are at new all-time highs. China has the second largest pipeline in the world. Projects presently under construction are at 2,317 projects/411,032 rooms, up 13% by projects and down less than 1% by rooms, YOY. Projects scheduled to start construction in the next 12 months are at 763 projects/76,06...
China’s Hotel Construction Pipeline Has Grown to Record High
Lodging Econometrics (LE) | December 5, 2019
December 05, 2019 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that at the end of the third quarter of 2019, China’s total construction pipeline has grown to 3,380 projects/628,972 rooms. Currently, the country has 2,548 projects with 438,797 rooms under construction with projects scheduled to start construction in the next 12 months at 404 projects with 85,026 rooms. Projects in the early planning stage have 428 projects/105,149 rooms. Hotel development continues to thrive despite the continued economic struggles in the region and the on-going trade and tariff disputes with the United States. In the third quarter,...
