Global Hotel Construction Pipeline Trend Report
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 ...
