global hotel construction pipeline
The Global Construction Pipeline Ascends to Record Project Counts at 2023 Year-End
Lodging Econometrics | February 28, 2024
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At Year-End 2021, Global Hotel Construction Pipeline Counts Essentially Even Year-Over-Year
Lodging Econometrics | February 24, 2022
PORTSMOUTH, NH – February 24, 2022 – The latest Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) states that, at Q4 2021, the global hotel construction pipeline stands at 13,770 projects/2,304,386 rooms. Year-over-year (YOY) the total global pipeline decreased 1% by projects and is largely unchanged by rooms. Worldwide, at year-end, there are 6,101 projects/1,136,680 rooms currently under construction. Projects scheduled to start construction in the next 12 months stand at 3,547 projects/518,159 rooms at the end of 2021, and projects in the early planning stage are at all-time highs and stand at 4,122 pr...
The Global Hotel Construction Pipeline Projects in Early Planning Stage Rise Year-Over-Year
Lodging Econometrics | August 26, 2021
PORTSMOUTH, NH – August 26, 2021 – Lodging Econometrics (LE) has released its Global Hotel Construction Pipeline Trend Report, which compiles the hotel construction pipeline counts for every country and market around the world. The report for Q2 2021 states that the total global hotel construction pipeline stands at 13,420 projects/2,253,499 rooms. Year-over-year (YOY) the pipeline decreased 9% by projects and 7% by rooms. However, the construction pipeline is up a noteworthy 94% by projects over the cyclical low established in 2011 when global counts were at 6,907 projects/1,257,296 rooms. There are 6,197 projects/1,142,207 rooms curr...
At Year-End 2020, the Global Hotel Construction Pipeline Decreased Slightly Year-Over-Year
Lodging Econometrics | March 5, 2021
PORTSMOUTH, NH – March 05, 2021 – The latest Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) states that the global hotel construction pipeline stands at 13,943 projects/2,312,410 rooms. Year-over-year (YOY) the total global pipeline decreased 7% by projects and 6% by rooms. Projects under Construction at year-end 2020 stood at 6,513 projects/1,169,418 rooms. Projects scheduled to start construction in the next 12 months were at 3,920 projects/573,352 rooms and there were an additional 3,510 projects/569,640 rooms in the early planning stage to round out the total pipeline. Globally during 2020, 2,562 ...
Global Construction Pipeline Hits Record High at 2018 Year-End
Lodging Econometrics (LE) | March 6, 2019
Lodging Econometrics (LE) has released its year-end Global Construction Pipeline Trend Report, which compiles the construction pipeline counts for every country and market around the world. At the close of 2018, LE analysts state that the total global construction pipeline hit record highs with 13,573 projects/2,265,792 rooms, a 7% increase in projects and a 6% increase in rooms year-over-year (YOY). The global pipeline has been ascending for eight consecutive years after reaching its cyclical low in 2010. All regional pipelines, with the exception of South America, continued their upward trend YOY. It is notable considering economic gr...
Marriott Takes Top Spot Leading Franchise Companies in Global Hotel Construction Pipeline with 2,021 Projects
Lodging Econometrics (LE) | December 27, 2016
December 27, 2016 – PORTSMOUTH, NH Analysts at Lodging Econometrics (LE) report that the four leading franchise companies in the Global Hotel Construction Pipeline by project-count are: Marriott International with 2,021 Projects/347,544 Rooms, Hilton Worldwide with 1,733 Projects/267,788 Rooms, InterContinental Hotels Group (IHG) with 1,343 Projects/207,806 Rooms and Choice Hotels with 487 Projects/43,381 Rooms. The leading brand for each of these top Global franchise companies are: IHG's Holiday Inn Express with 607 Projects/73,584 Rooms, Hilton's Hampton Inn with 478 Projects/55,737 Rooms, Marriott's Fairfield Inn with 299 Proje...
New York City Takes Top City in the Global Hotel Construction Pipeline Trend Report with 190 Projects
Lodging Econometrics (LE) | December 22, 2016
December 22, 2016 – PORTSMOUTH, NH According to the Global Hotel Construction Pipeline Trend Report published by Lodging Econometrics (LE), the top Global cities with the largest pipelines by project-count are: New York City with 190 Projects/31,194 Rooms, Houston with 169 Projects/19,885 Rooms, Seoul with 159 Projects/31,233 Rooms, Dallas with 131 Projects/15,819 Rooms, and Nashville with 123 Projects/15,743 Rooms. Jakarta with 20,885 rooms and Dubai with 33,053 rooms both have 118 projects, followed by Shanghai with 109 Projects/22,071 Rooms. ...
Global Hotel Construction Pipeline Shows Modest Growth, Up 6 Percent by Projects YOY
Lodging Econometrics (LE) | December 21, 2016
December 21, 2016 – PORTSMOUTH, NH The Total Global Pipeline has 11,547 Projects/1,953,784 Rooms, up 6% by projects and 4% by rooms Year-Over-Year (YOY) according to the recent Global Construction Pipeline Trend Report from Lodging Econometrics (LE), who tabulates the Construction Pipeline and Census with complete ownership detail for 196 countries worldwide. For hotels currently Under Construction, the Global Pipeline has 5,417 Projects/1,008,948 Rooms, both within 1% of last year's Total. However, there are 3,514 Projects/504,938 Rooms Scheduled to Start Construction in the Next 12 Months, up 22% by projects and 19%...
