The total hotel construction pipeline in China has 2,471 projects and 548,628 rooms, up 6 percent by project year-over-year (YOY), according to Lodging Econometric’s recent China Construction Pipeline Trend Report.
The number of hotel projects under construction in China is up 4 percent YOY to 1,743 projects and 374,156 rooms. The number of projects scheduled to start construction in the next 12 months is up 28 percent YOY to 365 projects/80,216 rooms, while projects in early planning stages are down by 5 percent to 363 projects/94,256 rooms.
The hotel companies with the most projects in China’s construction pipeline are Hilton Worldwide with 327 projects/77,270 rooms, InterContinental Hotels Group (IHG) with 281 projects/69,893 rooms, and Marriott International with 268 projects/75,472 rooms. The largest brand in the pipeline for each of these companies is Hilton’s Hampton Inn & Suites with 145 projects/22,412 rooms, IHG’s Holiday Inn Express with 124 projects/24,285 rooms, and Marriott’s full-service hotel with 60 projects/18,671 rooms.
The cities in China with the biggest hotel construction pipelines are Shanghai with 132 projects/25,367 rooms, Guangzhou with 106 projects/25,015 rooms, Chengdu with 93 projects/20,788 rooms, Hangzhou with 79 projects/17,996 rooms, Suzhou with 75 projects/14,360 rooms, and Beijing with 72 projects/13,009 rooms.