construction pipeline trend report
Nearly 50% of Latin America’s Hotel Construction Pipeline Now Under Construction
Lodging Econometrics | January 30, 2024
January 30, 2024 – PORTSMOUTH, NH According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects and 97,679 rooms at the close of the quarter. At Q4, projects currently in the under construction stage account for nearly half of the projects and rooms in Latin America’s total pipeline. Projects under construction stand at 238 projects/42,644 rooms, up 7% by projects and 6% by rooms YOY. Projects scheduled to start construction in the next 12 months a...
Upscale and Upper Midscale Brands Dominate China’s Hotel Construction Pipeline at Q2 ‘23
Lodging Econometrics (LE) | August 21, 2023
August 21, 2023 – PORTSMOUTH, NH — As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022. Projects in the under construction stage in China rose slightly year-over-year (YOY), closing the quarter at 2,655 projects/478,703 rooms. Projects scheduled to start construction in the next 12 months stand at 357 projects/64,174 rooms. Projects in the early planning stage re...
Projects in the Early Planning Stage of Latin America’s Hotel Construction Pipeline Rise at Q2 2023
Lodging Econometrics (LE) | August 10, 2023
August 10, 2023 – PORTSMOUTH, NH – According to the Q2 2023 Latin America Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline includes 552 projects/88,477 rooms. At the close of the quarter, there are 227 projects/38,675 rooms presently under construction, projects scheduled to start construction in the next 12 months stand at 158 projects/25,091 rooms, and projects currently in early planning stand at 167 projects/24,711 rooms. Projects in the early planning stage experienced the most growth at Q2, increasing 17% by projects and 21% by rooms, year-over-year (YOY). Twe...
New Project Announcements and Record Early Planning Project Counts Fuel Canada’s Hotel Construction Pipeline
Lodging Econometrics (LE) | May 5, 2023
May 5, 2023 – PORTSMOUTH, NH As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline currently stands at 283 projects/37,683 rooms. Canada’s total construction pipeline increased 10% by projects and 5% by rooms year-over-year (YOY). Accelerated by the return of travel demand, new project announcements (NPAs) in Canada saw significant growth in the first quarter. NPAs surpassed totals for each of the previous five quarters, to stand at 27 projects/3,806 rooms at the Q1 close. As a result of the growing number of ...
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...
Middle East Construction Pipeline Sees Slight Growth for the Second Consecutive Quarter
Lodging Econometrics | February 22, 2022
PORTSMOUTH, NH – February 22, 2022 – According to the Lodging Econometrics (LE) Q4 2021 publication of its Construction Pipeline Trend Report for the Middle East, the hotel construction pipeline in the region presently stands at 546 projects/150,547 rooms. Following an eight consecutive quarter downward trend, this is the second consecutive quarter project counts have increased in the region since Q3 ‘19. Projects currently under construction stand at 337 projects/102,821 rooms, a 4% by project and 9% by rooms drop year-over-year (YOY). Projects scheduled to start construction in the next 12 months are up 5% by projects and 20% by r...
Excluding China, the Asia Pacific Hotel Construction Pipeline Ends 2021 With Record Highs in the Early Planning Stage
Lodging Econometrics | February 10, 2022
PORTSMOUTH, NH – February 10, 2022 – According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, at the end of the fourth quarter of 2021 stands at 1,814 projects/397,089 rooms. Project counts are up 5%, while room counts are up 8%, year-over-year (YOY). Projects currently under construction stand at 899 projects with 207,693 rooms, while projects scheduled to start construction in the next 12 months closed the year at 380 projects/77,574 rooms. Project and room counts in the early planning stage are at all-time high at the end of Q4 with 535...
Latin America’s Hotel Construction Pipeline Closes Out 2021 With 563 Projects/101,523 Rooms
Lodging Econometrics | February 7, 2022
PORTSMOUTH, NH – February 7, 2022 – As seen in the Lodging Econometrics (LE) 2021 year-end Construction Pipeline Trend Report for Latin America, the total hotel construction pipeline at the end of the fourth quarter stands at 563 projects/101,523 rooms. The region’s pipeline experienced an 11% decline in projects and a 7% decrease in rooms, year-over-year (YOY) in Q4. At the close of Q4 ‘21, projects under construction stand at 281 projects/58,813 rooms. Projects scheduled to start construction in the next 12 months are at 147 projects/20,732 rooms. Projects in the early planning stage stand at 135 projects/21,978 rooms. New proj...
