Hotel Conversions in Europe’s Hotel Construction Pipeline Reach All-Time High

Lodging Econometrics (LE) | November 21, 2022

November 21, 2022 – PORTSMOUTH, NH According to the Q3 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,660 projects/258,476 rooms. Projects under construction in Europe stand at 790 projects/126,899 rooms, while projects planning to start construction in the next 12 months recorded 408 projects/60,085 rooms. Projects in the early planning stage have 462 projects/71,492 rooms. Travel activity in Europe has been rebounding over recent months and is expected to continue through the end of the yea...