Q4 2021 China Construction Pipeline Trend Report
China’s Hotel Construction Pipeline Closes 2021 at New Record High
Lodging Econometrics | February 11, 2022
PORTSMOUTH, NH – February 11, 2022 – As seen in the Q4 2021 China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline at the end of the fourth quarter stands at 3,693 projects/700,567 rooms, up 9% by projects and rooms year-over-year (YOY). Despite the country’s COVID-19 travel restrictions for international visitors, hotel construction and development in China continued to thrive throughout 2021. At year-end, both projects and rooms in the construction pipeline are at new all-time highs, marking the highest totals the country has ever seen. Projects presently under constr...