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LE: Global construction pipeline increases 3% YOY

Hotel Business

In the Q2 ‘23 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts state that the total global construction pipeline stands at 14,572 projects/2,310,238 rooms, up 3% year-over-year (YOY) by projects and 1% YOY by rooms. Following distantly is India with 480 projects/57,161 rooms, the U.K.

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LE: U.K., Germany have strongest European pipelines

Hotel Business

In the Q2 2023 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the region currently has 1,715 projects/256,578 rooms in its construction pipeline at the close of the quarter. The top countries in Europe’s construction pipeline at the close of the second quarter are the U.K.

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LE: Higher-end development dominates APAC pipeline

Hotel Business

In the Q2 2023 Asia-Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts state that the region is at an all-time project high of 1,936 with 401,766 rooms in the total pipeline at the close of the quarter.

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LE: Three franchisors dominate U.S. construction pipeline

Hotel Business

Construction Pipeline Trend Report from Lodging Econometrics (LE) , in the second quarter of 2023, the franchise companies with the largest pipelines in the U.S. hotel construction pipeline. were branded Hilton, Marriott or IHG. growth rate, and Hilton is forecast to open 139 new hotels/14,780 rooms in 2025, for a 1.8%

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Latam construction pipeline at 550+ projects

Hotel Business

According to the Q2 2023 Latin America Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline includes 552 projects/88,477 rooms. Together, these five countries account for 68% of the projects and 69% of the rooms in the total pipeline.

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LE: Marriott, Hilton dominate U.S. construction pipeline

Hotel Business

Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. The leading brands by project count for the three companies with the largest pipelines in the U.S.

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LE: China construction pipeline near all-time high

Hotel Business

As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022.