q4 2020 construction pipeline report
Three Franchise Companies Account for 3,513 Projects/419,466 Rooms in the U.S. Hotel Construction Pipeline
Lodging Econometrics | February 2, 2021
PORTSMOUTH, NH – February 02, 2021 – In the recently released Q4‘20 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest U.S. construction pipelines at year-end 2020 are Marriott International with 1,397 projects/184,775 rooms, followed by Hilton Worldwide with 1,290 projects/150,294 rooms, and InterContinental Hotels Group (IHG) with 826 projects/84,397 rooms. These three companies combined account for 67% of the projects and 65% of the rooms in the total U.S. construction pipeline. At the end of Q4‘20, over 50% of Hilton’s projects in the pipeline are in the e...