PORTSMOUTH, N.H.—According to the recent Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the total pipeline has 951 projects/152,085 rooms, up 7 percent by projects and 6 percent by rooms year-over-year (YOY).
For hotels currently under construction, Europe’s pipeline has 423 projects/74,158 rooms, up 9 percent by projects and 7 percent by rooms YOY. There are 236 projects/37,482 rooms scheduled to start construction in the next 12 months, up 2 percent by projects and 4 percent by rooms. Projects in early planning, 292 projects/40,445 rooms, are up 8 percent by projects and 6 percent by rooms.
