Close

Cart

Total $0.00

Checkout

December 12, 2017 – PORTSMOUTH, NH – Lodging Econometrics (LE) recently released the Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world. Currently, the top world regions by project count are North America with 5,239 Projects/639,712 Rooms, Asia Pacific with 4,233 Projects/903,415 Rooms and EMEA with 2,100 Projects/395,506 Rooms.

The top countries by project-count are the United States with 5,011 Projects/608,837 Rooms and China with 2,435 Projects/538,836 Rooms. The U.S. accounts for 40% of the projects in the Global Pipeline while China accounts for 20%, resulting in 60% of the Global Pipeline being concentrated in just two countries.

The cities with the largest pipeline project count are: New York with 181 Projects/30,225 Rooms, Houston with 148 Projects/16,398 Rooms, Dubai with 145 Projects/40,733 Rooms, Dallas with 143 Projects/17,580 Rooms and Seoul 126 Projects/22,199 Rooms.

About Lodging Econometrics

Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities. 

Contact: Emily Dennison

edennison@lodgingeconometrics.com / +1 603.427.9544

Related News

North America Tops Global Construction Pipeline With 6,226 Projects Followed by Asia Pacific and EMEA

7% Year-Over-Year Growth in the Global Construction Pipeline With 12,631 Projects in Total Pipeline

Growth Remains Steady for China’s Construction Pipeline With Projects Up 6% YOY

Asia Pacific Pipeline Excluding China Is Booming With Projects Up 13% YOY

Europe Hotel Construction Pipeline Booming With 22% YOY Growth and Middle East Pipeline Up With 11% YOY Growth

Latin America's Construction Pipeline Stalling With Pojects Down 5% YOY

Projects in Canada's Construction Pipeline Up 17% YOY

Mid-Market Brands Led Hotel Sales Volume in 2017

Orlando Tops 2017 Markets with 21 Hotels Sold and Average Selling Price Per Room of $96,402

Hotel Sales Volume Declines, Average Price Per Room Increases Moderately

Extended-Stay Hotels Account for 27% of All Projects Under Construction

2.5% Growth Rate of New Hotel Openings Expected in 2018 & 2019

Upper Midscale and Upscale Projects Lead the U.S. Construction Pipeline Comprising 67% of Total Pipeline

Marriott, Hilton and IHG Lead U.S. Construction Pipeline Comprising 69% of Total Pipeline

Marriott Boasts Largest Franchise in U.S. Construction Pipeline with 1,410 Projects Total

The Year-End U.S. Hotel Construction Pipeline Continues Its Upward Growth Trend, Projects Up 4% YOY

Global Hotel Construction Pipeline Up 8% YOY with 12,427 Projects

Shanghai Leads China's Construction Pipeline Followed by Guangzhou, Chengdu and Beijing

Asia Pacific Construction Pipeline Excluding China Up 15% by Projects YOY

Middle East Construction Pipeline Shows Growth with Projects Up 12% YOY

All News »

Please login or register to post a comment.