Europe Hotel Construction Pipeline Trend Report
At Year-End 2021, Europe’s Hotel Construction Pipeline Stands at 1,824 Projects/295,152 Rooms
Lodging Econometrics | February 21, 2022
PORTSMOUTH, NH – February 21, 2022 – In the 2021 year-end Europe Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE), analysts report Europe’s hotel construction pipeline stands at 1,824 projects and 295,152 rooms at the close of the fourth quarter. From 2014 through 2020, Europe’s construction pipeline experienced a steady year-over-year (YOY) increase in project totals. Starting in Q2 2021 and continuing throughout the year, this trend has been reversing with the region’s construction pipeline totals falling slightly below 2019’s year-end totals. This drop in project totals is due to development and opening...
Early Planning Projects in Europe’s Hotel Construction Pipeline Increase Year-Over-Year
Lodging Econometrics | November 17, 2021
PORTSMOUTH, NH – November 17, 2021 – According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter of 2021, Europe’s hotel construction pipeline stands at 1,814 projects and 295,719 rooms; and remains largely unchanged year-over-year (YOY). Much like other regions around the world, Europe’s hotel industry continues to face challenges created by the COVID-19 pandemic. Nevertheless, travel activity has been rebounding over recent months, a positive and welcomed step toward industry recovery. Successful vaccination programs throughout the ...
Little Change in the European Hotel Construction Pipeline Year-Over-Year
Lodging Econometrics | August 16, 2021
PORTSMOUTH, NH – August 16, 2021 – According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), research analysts report that at the close of the second quarter of 2021, Europe’s hotel construction pipeline dropped 1% by projects and increased 1% by rooms year-over-year (YOY) and ended the quarter with 1,841 projects and 296,843 rooms. Projects under construction are up 1%, YOY, standing at 934 projects/ 152,549 rooms. Projects scheduled to start construction in the next 12 months saw a small decrease last quarter, closing at 466 projects/73,739. Projects in the early planning stage dropped ...
At Year-End 2020, Europe’s Hotel Construction Pipeline Stands at 1,905 Projects/307,093 Rooms
Lodging Econometrics | February 25, 2021
PORTSMOUTH, NH – February 25, 2021 – According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of 2020, Europe’s hotel construction pipeline increased 2% by projects and 3% by rooms year-over-year (YOY) to end the fourth quarter with 1,905 projects and 307,093 rooms, a record high project and room count for the region. Europe’s construction pipeline has remained robust as hotel developers have purposely delayed their opening dates to await improved operating conditions. Rooms under construction are at an all-time high of 967 projects/157,833 rooms...
