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Global Pipeline Shows Steady Increase

The Lodging Econometrics (LE) Global Construction Pipeline Trend Report stated that the Total Pipeline ended 2016 with 11,776 projects/1,962,676 rooms, up 6 percent by projects Year-Over-Year (YOY). There were 5,504 projects/1,012,987 rooms under construction, up 4 percent by projects YOY. Projects Scheduled to start construction in the next 12 months, at 3,675 projects/516,709 rooms, were up a strong 21 percent while projects in early planning at 2,597 projects/432,980 rooms were down 7 percent by projects.

The leading franchise companies in the Global Construction Pipeline by project-count are: Marriott International with 2,190 projects/368,077 rooms, Hilton Worldwide with 1,841 projects/283,326 rooms, InterContinental Hotels Group (IHG) with 1,351 projects/209,208 rooms and Choice Hotels with 488 projects/42,933 rooms. The leading brands for each of these companies are: Marriott’s Fairfield Inn with 342 projects/35,703 rooms, Hilton’s Hampton Inn with 489 projects/57,222 rooms, IHG’s Holiday Inn Express with 602 projects/73,282 rooms, and Choice’s Comfort Inn with 117 projects/11,239 rooms.

The top countries by room-count are the United States with 598,688 rooms/4,960 projects and China with 525,640 rooms/2,340 projects. The U.S. accounts for 30 percent of the rooms in the Global Pipeline while China accounts for 27 percent, resulting in 57 percent of the Global Pipeline being concentrated in just two countries.

The cities with the largest pipeline room counts are: Dubai with 32,899 rooms/117 projects, New York with 30,541 rooms/192 projects, Seoul with 30,456 rooms/154 projects, Shanghai with 23,252 rooms/125 projects and Sanya with 22,629 rooms/60 projects.

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