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Three Companies Comprise 65 Percent of the Hotel Construction Pipeline

According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines by rooms in the first quarter of 2017 are Marriott with 163,063 rooms/1,264 projects, Hilton with 146,104 rooms/1,279 projects, and IHG with 82,771 rooms/795 projects. These three franchise companies comprise 65 percent of all rooms in the total pipeline.

While Marriott leads in number of rooms in the pipeline overall, when it comes to each company’s brands, IHG’s Holiday Inn Express tops the group with 412 projects in development (38,160 rooms). The brands with the most projects for Marriott and Hilton respectively are Fairfield Inn with 285 projects (27,220 rooms) and Home2 Suites with 344 projects (36,074 rooms).

The franchise companies that have announced the most new projects by rooms in the first quarter were Hilton (announcing 18,387 rooms in 162 projects), Choice (announcing 8,118 rooms in 117 projects), and Marriott (announcing 7,129 rooms in 55 projects. These companies represent 59 percent of all the new rooms announced in the first quarter.

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