china's construction pipeline
China’s Hotel Construction Pipeline Hits Record High Project & Room Counts at Q1 2022
Lodging Econometrics | May 19, 2022
May 19, 2022 – PORTSMOUTH, NH According to the latest Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of Q1 ‘22, China’s total hotel construction pipeline reached record high project and room counts, standing at 3,711 projects/704,101 rooms and up 8% by projects and 7% by rooms year-over-year (YOY). China has 2,623 projects/477,245 rooms presently under construction, both at record highs, and up 11% and 12% YOY, respectively. Projects scheduled to start construction in the next 12 months stand at 504 projects/96,054 rooms. Projects and rooms in the early planning stage are up 26% and 17% YOY, respective...
China’s Hotel Construction Pipeline Continues to Expand, Setting an All-Time High, Despite Economic Slowdown
Lodging Econometrics (LE) | September 3, 2019
September 3, 2019 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that at the end of the first half of 2019, China’s total construction pipeline swelled to 2,991 projects/592,884 rooms, up 19% by projects and 7% by rooms year-over-year (YOY), both at all-time highs, amidst an economic slowdown. The China growth rate is expected to be 6.2% for 2019, the lowest reported since 1990. The rocky economic climate is due to high debt levels, a trade war with the United States and on-again, off-again discussions that add further to economic instability. China has 2,174 projects/407,594 rooms presently under construction, ...
