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Europe’s Hotel Construction Pipeline Holds Steady

Europe’s hotel construction pipeline has 1,062 projects with a total of 172,063 rooms—up 13 percent year-over-year (YOY), according to a report from Lodging Econometrics. About half of those projects (527 with 91,195 rooms) are under construction, an increase of 30 percent YOY. Projects scheduled ...

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Global Hotel Pipeline Shows Steady Increase

Global Hotel Pipeline Shows Steady Increase

PORTSMOUTH, NH—Lodging Econometrics’ (LE) Global Construction Pipeline Trend Report shows that in the first quarter of 2017, the total pipeline ended with 11,904 projects and nearly 2 million rooms, up 6 percent by projects year-over-year (YOY). The number of projects under construction globally was 5,496 ...

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China’s Pipeline Is Steady

PORTSMOUTH, NH—Analysts at Lodging Econometrics (LE) reported that projects in the China construction pipeline total 2,441 with 534,285 total rooms, down just seven projects year-over-year (YOY). Projects currently under construction total 1,722 with 360,379 rooms, down 4 percent by projects YOY. The number of projects scheduled to start construction in ...

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Forecast for New Hotel Construction

For the remainder of 2017, analysts at Lodging Econometrics (LE) forecast another 868 projects/97,386 rooms to open for a total of 1,080 hotels/121,508 rooms this year alone, a 22 percent increase over the total number of openings last year. In ...

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