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Moderate Decline of China’s Pipeline Continues

The most recent China Hotel Construction Pipeline Trend Report states that the total pipeline is at 2,340 projects/525,640 rooms, down 7 percent by projects year-over-year (YOY), according to Lodging Econometrics (LE).

There are 1,671 projects/357,466 rooms under construction, down 11 percent by projects YOY. Projects scheduled to start in the next 12 months, at 285 projects/66,192 rooms, are down by just one project while projects in early planning at 384 projects/101,982 rooms are up 12 percent by projects.

The largest global franchise companies in the China Construction Pipeline by project are: Marriott International with 234 projects/67,883 rooms, Hilton Worldwide with 230 projects/63,088 rooms and InterContinental Hotels Group (IHG) with 218 projects/59,784 rooms. The leading brands in the pipeline for each of these companies are: Marriott Hotels with 50 projects/16,069 rooms, Hilton Hotels with 67 projects/24,058 rooms and IHG’s Holiday Inn Express with 68 projects/15,291 rooms.

The markets with the largest pipelines by project count are: Shanghai with 125 projects/23,252 rooms, Guangzhou with 100 projects/20,129 rooms, Suzhou with 88 projects/17,166 rooms and Chengdu with 82 projects/20,765 rooms.

Shanghai and Guangzhou have had the two largest pipelines for each of the last 11 quarters. They will also open the most hotels over the next 12 months; 56 hotels/7,551 rooms in Shanghai and 38 hotels with 5,322 rooms in Guangzhou.

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