us construction pipeline
Three Franchise Companies Account for 66% of the Projects in the U.S. Construction Pipeline at Q3 2022 Close
Lodging Econometrics (LE) | October 31, 2022
October 31, 2022 – PORTSMOUTH, NH According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of Q3 2022 are led by Marriott International with 1,385 projects/168,725 rooms. Following Marriott is Hilton Worldwide with 1,351 projects/152,383 rooms, and InterContinental Hotels Group (IHG) with 787 projects/79,382 rooms. Combined, these three companies account for 66% of the projects and 64% of the rooms in the total pipeline. Each company has seen growth year-over-year. These three franchise companies also have the ...
At the Close of Q3 2022, Dallas Has the Largest Hotel Construction Pipeline in the U.S. With 174 Projects
Lodging Econometrics (LE) | October 31, 2022
October 31, 2022 – PORTSMOUTH, NH According to the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects is Dallas with a record high count of 174 projects, accounting for 20,676 rooms. Following Dallas is Atlanta with 139 projects/17,843 rooms, Los Angeles with 118 projects/19,062 rooms, Phoenix with 113 projects/15,508 rooms, and New York with 102 projects/17,805 rooms. U.S. markets with the most projects currently under construction are New York with 69 projects/11,781 rooms and Atlanta with 25 projects/3,798 rooms. Fol...
The U.S. Hotel Construction Pipeline Shows Positive Growth Year-Over-Year at Q3 2022 Close
Lodging Econometrics (LE) | October 26, 2022
October 26, 2022 – PORTSMOUTH, NH According to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY). At the close of Q3, there are 987 projects/135,050 rooms under construction in the U.S. Projects scheduled to start construction in the next 12 months, stand at 2,074 projects/236,894 rooms, up 14% by projects and 13% by rooms YOY, respectively. Project counts in the early planning stage reached record highs, in Q3, standing at 2,256 projects/257,545 rooms, a 1...
For the Second Consecutive Quarter, Los Angeles Leads in U.S. Hotel Construction Pipeline
Lodging Econometrics (LE) | January 31, 2020
January 31, 2020 – PORTSMOUTH, NH – At the close of 2019, analysts at Lodging Econometrics (LE) report that the top five U.S. markets with the largest total hotel construction pipelines are: Los Angeles, at a cyclical high, with 168 projects/28,501 rooms; Dallas with 160 projects/19,787 rooms; New York City with 158 projects/25,825 rooms; Atlanta, also at a cyclical high, with 143 projects/19,660 rooms; and Houston with 136 projects/14,114 rooms. Under construction project counts are at an all-time high with 1,768 projects with 237,362 rooms. Markets with the greatest number of projects already in the ground are New York with 107 p...
Marriott Dominates the U.S. Construction Pipeline Followed by Hilton and IHG
Lodging Econometrics (LE) | November 18, 2019
November 18, 2019 – PORTSMOUTH, NH – In the Lodging Econometrics (LE) fall report for 2019, the franchise companies dominating the United States hotel construction pipeline are led by Marriott International with 1,484 projects/196,023 rooms, up 8% by projects and rooms year-over-year (YOY). Next is Hilton Worldwide currently at 1,373 projects/153,408 rooms and InterContinental Hotels Group (IHG) with 960 projects/98,139 rooms. Pipelines are very strong for these companies. Both Marriott and Hilton’s total pipelines are near all-time highs, as are hotels under construction, with Marriott setting a record high. The leading brands in...
Marriott Tops Leading Companies in The U.S. Hotel Construction Pipeline Followed by Hilton and IHG
Lodging Econometrics (LE) | August 5, 2019
PORTSMOUTH, NH -- August 5, 2019 -- In the Lodging Econometrics (LE) second quarter report for 2019, the franchise companies leading the United States hotel construction pipeline are Marriott International with 1,469 projects/193,458 rooms, up 9% by projects and rooms year-over-year (YOY). Next, coming off of last quarter’s all-time high, is Hilton Worldwide currently at 1,372 projects/152,853 rooms, a 3% increase YOY. InterContinental Hotels Group (IHG) follows with 962 projects/97,647 rooms, also up 3% by projects and rooms, YOY. The leading brands in the construction pipeline for each of these three companies are Home2 Suites by Hilto...
U.S. Construction Pipeline Continues Moderate Growth Year-Over-Year
Lodging Econometrics (LE) | August 1, 2018
August 1, 2018 – PORTSMOUTH, NH – At the end of the second quarter, analysts at Lodging Econometrics (LE) report that the total U.S. construction pipeline stands at 5,312 projects/634,501 rooms, up 7% from 2017's 4,973 projects/598,371 rooms. The pipeline has been growing moderately and incrementally each quarter and should continue its upward growth trend as long as the economy remains strong. Pipeline totals are still significantly below the all-time high of 5,883 projects/785,547 rooms reached in 2008. Projects scheduled to start construction in the next 12 months have seen minimal change year-over-year (YOY) with 2,291 p...
Upscale Chain Developments Represent 31% of U.S. Construction Pipeline with 1,384 Projects
Lodging Econometrics | June 14, 2016
June 14, 2016 – PORTSMOUTH, NH – According to a recent United States Construction Pipeline Trend Report from Lodging Econometrics, hotel development in the Upscale chain scale represents 1,384 projects, 31% of the Total Pipeline. The leading Upscale brands are Residence Inn with 168 Projects, Courtyard with 140 projects and SpringHill Suites with 124 projects. These three largest brands all belong to Marriott International and account for a third of all pipeline projects in the Upscale chain scale. ...
