According to the recent U.S. Construction Pipeline Trend Report from Lodging Econometrics, three franchise companies comprise 69 percent of all projects in the total pipeline. These three franchise companies with the largest hotel construction pipelines are: Marriott with 1,410 projects/180,647 rooms, Hilton with 1,287 projects/144,958 rooms, and IHG with 831 projects/84,865 rooms.
The largest brands for each of these companies are: Marriott’s Fairfield Inn with 303 projects/29,051 rooms and TownePlace Suites with 208 projects/21,299 rooms; Hilton’s Home2 Suites with 355 projects/37,188 rooms and Hampton Inn & Suites with 314 projects/32,386 rooms; and IHG’s Holiday Inn Express with 444 projects/41,343 rooms and Staybridge Suites with 135 projects/14,124 rooms.
By the close of 2018, Marriott is forecasted to open 351 projects/43,587 rooms, Hilton is set to open 294 projects/32,192 rooms, and IHG expects 174 projects/17,982 rooms to open. Marriott also leads in new openings for 2019 with 362 projects/44,624 rooms, IHG is anticipating 272 projects/26,983 rooms and Hilton expects 253 projects/28,584 rooms to open next year.