hotel construction pipeline trend report
India Projected to Lead Asia Pacific, Excluding China, in New Hotel Openings Through 2026
Lodging Econometrics | August 12, 2024
August 12, 2024 – PORTSMOUTH, NH In the Q2 2024 Asia Pacific, excluding China (APEC), Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in APEC has hit a record 2,056 projects with 406,118 rooms, marking a 6% increase in projects and a 1% rise in rooms year-over-year (YOY). Currently, 864 projects with 199,784 rooms are under construction in the APEC region. Projects scheduled to start construction in the next 12 months have risen to 358 with 65,853 rooms, up 23% by projects and rooms YOY. Projects and rooms in the early planning stage have soared to a record-high 834 projects with 140,481 roo...
Forty-Five Percent of Hotel Projects in Europe’s Total Pipeline Are Under Construction at the End of Q1 2024
Lodging Econometrics (LE) | May 14, 2024
May 14, 2024 – PORTSMOUTH, NH – Lodging Econometrics (LE) has released its Q1 2024 Hotel Construction Pipeline Trend Report for Europe. According to LE analysts, the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. As of the first quarter's close, 45% of the hotel projects in Europe’s total pipeline are in the under construction stage, standing at 762 projects and 117,815 rooms. Another 411 projects with 60,356 rooms are scheduled to start construction in the next 12 months, while 532 projects with 75,606 rooms are in the early planning stage, slightly below the record-high reported ...
Hotel Construction Pipeline Growth in Asia Pacific, Excluding China, Remains Steady at Q3 Close
Lodging Econometrics (LE) | November 13, 2023
November 13, 2023 – PORTSMOUTH, NH – In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, continued to show steady year-over-year (YOY) growth to end the third quarter of 2023 at 1,929 projects/398,199 rooms, up 3% by projects YOY. Projects currently under construction in the region stand at 954 projects/220,336 rooms, up 1% by projects YOY. Projects scheduled to start construction in the next 12 months stand at 295 projects/51,756 rooms. Projects in the early planning stage of the pipeline stand at 680 projects/126,107 rooms, up...
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...
Dallas Leads as the Top Market by Project Count in the U.S. Hotel Construction Pipeline at Year-End 2021
Lodging Econometrics | January 27, 2022
PORTSMOUTH, NH – January 27, 2022 – In the recent U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of the fourth quarter of 2021, Dallas leads the U.S. markets in the number of pipeline projects with 152 projects/18,180 rooms. Following Dallas, the U.S. markets with the largest total hotel construction pipelines by project count are Atlanta, at a cyclical high, with 133 projects/17,593 rooms; New York City with 121 projects/19,303 rooms; Los Angeles with 120 projects/19,815 rooms; and Houston, with 91 projects/9,912 rooms. Despite the impact COVID-19 has had on hotel development, three mark...
The Los Angeles Market Leads the Hotel Construction Pipeline by Rooms at the end of Q4‘21
Lodging Econometrics | January 25, 2022
PORTSMOUTH, NH – January 25, 2022 – As much of the industry, including Lodging Econometrics (LE), attends America’s Lodging Investment Summit (ALIS) in Los Angeles, LE releases its recent Hotel Construction Pipeline Trend Report. This informative report includes a summarization of the current hotel construction pipeline activity in the Los Angeles market as it does every other Top 50 Market. With a focus on the Los Angeles market, analysts at LE report that, at the end of 2021’s fourth quarter, Los Angeles has a total of 120 projects/19,815 rooms in the construction pipeline. At Q4‘21, Los Angeles has the highest room count in...
Asia Pacific’s Construction Pipeline, Excluding China, Experiences Slight Decline in Q2’21
Lodging Econometrics | August 12, 2021
PORTSMOUTH, NH – August 12, 2021 – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline dropped to 1,701 projects/364,487 rooms, down 11% by projects and 10% by rooms, year-over-year (YOY). At the end of the second quarter, the region has 852 projects with 195,940 rooms under construction. Projects scheduled to start construction in the next 12 months stand at 390 projects/73,447 rooms and projects in the early planning stage stand at 459 projects/95,100 rooms. Countries in the Asia Pacific region continue to face the o...
The Asia Pacific Construction Pipeline, Excluding China, Remains Steady Year-Over-Year
Lodging Econometrics (LE) | December 1, 2020
December 1, 2020 – PORTSMOUTH, NH – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, remained steady year-over-year (YOY) to end the third quarter of 2020 at 1,820 projects/385,194 rooms, up 2% by projects and down slightly by 1% by rooms YOY. While coronavirus cases surge again across Europe and the United States, the Asia Pacific region has been one of the few regions of the world to successfully control the spread of COVID-19. This has allowed for hotel construction to continue throughout the ...
