Press & Media

Press & Media

Read recent LE press releases for an inside look at global lodging real estate news, regional and individual market insights, and growth trends for leading Franchises Companies and brands.

  1. The Hotel Construction Pipeline in the Middle East is Growing September 15, 2017
    Analysts at Lodging Econometrics (LE) report that the Construction Pipeline Trend Report for the Middle East states that the Total Pipeline has 561 Projects/154,627 Rooms, up 13% by projects Year-Over-Year (YOY).

    There are 339 Projects/98,653 Rooms Under Construction, up 20% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 125 Projects/32,116 Rooms, up 21%, while projects in Early Planning at 97 Projects/23,858 Rooms are down 12%.

    The top hotel companies in the Middle East’s Construction Pipeline are: Marriott International 94 Projects/22,641 Rooms, Hilton Worldwide with 81 Projects/22,456 Rooms, and AccorHotels with 79 Projects/24,491 Rooms. The largest brand in the Pipeline for each of the these companies are: Marriott’s Courtyard with 15 Projects/3,112 Rooms, Hilton’s full-service hotel with 26 Projects/9,215 Rooms and Accor’s Adagio City Aparthotel with 13 Projects/2,529 Rooms.

    The top countries in the Middle East Construction Pipeline are: Saudi Arabia with 202 Projects/60,392 Rooms, United Arab Emirates with 186 Projects/53,717 Rooms and Qatar with 56 Projects/14,307 Rooms. Cities in the Middle East with the largest pipelines are: Dubai, UAE with 141 Projects/40,266 Rooms, Riyadh, Saudi Arabia with 58 Projects/11,364 Rooms and Doha, Qatar with 52 Projects/12,680 Rooms.

  2. The Europe Hotel Construction Pipeline is Up 25% September 14, 2017
    The Europe Hotel Construction Pipeline Trend Report states that the Total Pipeline has 1,186 Projects/185,799 Rooms, up 25% by projects Year-Over-Year (YOY) according to Lodging Econometrics (LE).

    There are 559 Projects/94,170 Rooms Under Construction, up 32% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 401 Projects/58,646 Rooms, up 70%, while projects in Early Planning at 226 Projects/32,983 Rooms are down by 23%.

    The top hotel companies in Europe’s Construction Pipeline are: AccorHotels with 201 Projects/24,593 Rooms, Hilton Worldwide with 166 Projects/26,269 Rooms, and Marriott International with 165 Projects/28,758 Rooms. The largest brand in the Pipeline for each of the these companies are: Accor’s Ibis Styles with 47 Projects/5,693 Rooms, Hilton’s Hampton Inn & Suites with 69 Projects/10,527 Rooms and Marriott’s Moxy with 50 Projects/9,461 Rooms.

    The top countries in the Europe Construction Pipeline are: United Kingdom with 230 Projects/35,452 Rooms, Germany with 186 Projects/36,556 Rooms, and France with 109 Projects/14,147 Rooms.
    Cities in Europe with the largest pipelines are: London with 83 Projects/15,029 Rooms, Paris with 39 Projects/7,131 Rooms and Moscow with 30 Projects/5,982 Rooms.

  3. Latin America’s Construction Pipeline is Stalling September 12, 2017
    The total Construction Pipeline in Latin America has 878 Projects/146,312 Rooms, the exact same number of projects as last year.

    There are 418 Projects/72,690 Rooms Under Construction, up 4% by projects Year-Over-Year (YOY). Rooms Scheduled to Start Construction in the Next 12 Months are at 211 Projects/33,542 Rooms, up 22%, while those in Early Planning are at 249 Projects/40,080 Rooms, down 18%.

    The top hotel companies in Latin America’s Construction Pipeline by projects are: AccorHotels with 150 Projects/22,136 Rooms, Marriott International with 94 Projects/14,880 Rooms and Hilton Worldwide with 75 Projects/11,709 Rooms. The largest brands in the Pipeline for each of these companies are: Accor’s Ibis with 56 Projects/7,588 Rooms, Marriott’s Fairfield Inn with 14 Projects/2,035 and Hilton Garden Inn with 22 Projects/3,286 Rooms.

    The top countries in the Latin America Construction Pipeline are: Brazil with 311 Projects/52,634 Rooms, Mexico with 197 Projects/33,569 Rooms, and Colombia with 74 Projects/10,707 Rooms. Cities in Latin America with the largest pipelines are: Sao Paulo with 38 Projects/7,026 Rooms, Campinas, Brazil with 25 Projects/4,594 Rooms and Lima, Peru with 24 Projects/4,073 Rooms.

  4. Construction Pipeline in China Remains Strong September 11, 2017
    Analysts at Lodging Econometrics (LE) report that according to the recent China Construction Pipeline that the Total Pipeline has 2,410 Projects/525,225 Rooms, up 7% Year-Over-Year (YOY).

    There are 1,724 Projects/356,816 Rooms Under Construction, up 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 324 Projects/74,225 Rooms, up 15%, while projects in Early Planning at 362 Projects/94,184 Rooms are up by 2%.

    The top hotel companies in China’s Construction Pipeline are: Hilton Worldwide with 292 Projects/71,895 Rooms, Marriott International with 253 Projects/72,062 Rooms, and InterContinental Hotels Group (IHG) with 206 Projects/56,354 Rooms. The largest brand in the Pipeline for each of the these companies are: Hilton’s Hampton Inn & Suites with 113 Projects/17,130 Rooms, Marriott’s full-service hotel with 51 Projects/16,227 Rooms, and IHG’s Holiday Inn Express with 62 Projects/13,929 Rooms.

    Cities in China with the largest pipelines are: Shanghai with 120 Projects/23,941 Rooms, Guangzhou with 113 Projects/21,890 Rooms, Chengdu with 93 Projects/20,865 Rooms, Suzhou with 87 Projects/17,048 Rooms and Beijing with 82 Projects/13,919 Rooms.

  5. Asia Pacific Pipeline Excluding China is Growing September 7, 2017
    The most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the Total Pipeline has 1,688 Projects/342,670 Rooms, up 10% by projects Year-Over-Year (YOY) according to analysts at Lodging Econometrics (LE).

    There are 894 Projects/190,392 Rooms Under Construction, up 3% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 368 Projects/74,981 Rooms, up 29%, while projects in Early Planning at 426 Projects/77,297 Rooms, up 9% YOY.

    The top hotel companies in the Asia Pacific Construction Pipeline, excluding China, are: AccorHotels with 245 Projects/52,487 Rooms, Marriott International with 239 Projects/55,113 Rooms, and InterContinental Hotels Group (IHG) with 125 Projects/29,042 Rooms. The largest brand in the Pipeline for each of the these companies are: Accor’s Ibis Styles with 56 Projects/11,943 Rooms, Courtyard with 30 Projects/6,209 Rooms and Holiday Inn with 50 Projects/13,249 Rooms.

    The top three countries in the Asia Pacific Construction Pipeline, excluding China, are: Indonesia with 407 Projects/70,241 Rooms, India with 239 Projects/37,927 Rooms and South Korea with 160 Projects/33,553 Rooms. Cities with the largest pipelines are: Seoul, South Korea with 137 Projects/25,784 Rooms, Jakarta, Indonesia with 104 Projects/20,266 Rooms and Tokyo, Japan with 51 Projects/12,814 Rooms.

  6. Upper Midscale and Upscale are the Largest Chain Scales in the U.S. September 7, 2017
    Analysts at Lodging Econometrics (LE) report that the Upper Midscale category stands at 2,060 Projects/205,270 Rooms, and has the largest project count of all chain scales in the Total Construction Pipeline. The second largest is the Upscale category which has 1,258 Projects/162,609 Rooms. Together, the Upper Midscale and Upscale Pipelines comprise 67% of all projects in the Total Pipeline.

    The brands with the largest number of projects in Upper Midscale are; IHG’s Holiday Inn Express with 426 Projects/39,393 Rooms, Hilton’s Home2 Suites 343 Projects/35,845 Rooms and Hampton Inn with 322 Projects/33,109 Rooms.

    In Upscale, the top brands are; Marriott’s Residence Inn with 187 Projects/23,617 Rooms, and SpringHill Suites with 149 Projects/17,182 Rooms followed by Hilton’s Garden Inn with 134 Projects/17,734 Rooms.

    As would be expected, these two chain scales are forecasted to have the highest guest room growth rates through 2018. The Upper Midscale chain scale is forecasted to grow its guest room Census by 4.9% and Upscale by 5.4% in 2017, and by 5.3% and 5.6% in 2018, respectively.

  7. Top Franchise Companies in the U.S. Construction Pipeline September 6, 2017
    According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines are; Marriott with 1,288 Projects/166,096 Rooms, Hilton with 1,243 Projects/140,912 Rooms and IHG with 817 Projects/84,676 Rooms. These 3 franchise companies comprise 67% of all projects in the Total Pipeline.

    The largest brand for each of these companies are; Marriott’s Fairfield Inn with 283 Projects/27,244 Rooms, Hilton’s Home2 Suites with 343 Projects/35,845 Rooms and IHG’s Holiday Inn Express with 426 Projects/39,393 Rooms.

    The companies with the most New Project Announcements into the Pipeline in the first half were; Marriott with 90 Projects/11,085 Rooms, IHG with 73 Projects/7,025 Rooms and Hilton with 59 Projects/6,097 Rooms. These companies represent 62% of all new projects announced.

  8. Marriott Has the Largest Construction Pipelines of any Franchise Company in the U.S. September 5, 2017
    Marriott International currently has the largest construction pipeline of any franchise company with 1,288 Projects/166,096 Rooms. Their largest brands in the Pipeline are: Fairfield Inn with 283 Projects/27,244 Rooms, Residence Inn with 187 Projects/23,617 Rooms and TownePlace Suites with 184 Projects/18,757 Rooms.

    Marriott has the most rooms currently Under Construction with 482 Projects/67,434 Rooms, which represents almost 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Construction in the Next 12 Months with 619 Projects/76,451 Rooms. Marriott also has 187 Projects/22,211 Rooms in Early Planning,

    In the first half of the year, Marriott opened 120 new hotels with 14,071 rooms, accounting for 27% of all new hotels opened this year. The Marriott brands with the largest number of new hotels opened this year are Fairfield Inn with 31 Hotels/2,887 Rooms and Courtyard with 18 Hotels/2,104 Rooms.

  9. U.S. Markets with the Largest Construction Pipelines — August 30, 2017
    In the second quarter, analysts at Lodging Econometrics (LE) report that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 190 Projects/31,923 Rooms; Houston with 159 Projects/17,472 Rooms; Dallas with 147 Projects/18,429 Rooms; Nashville with 125 Projects/16,697 Rooms; and Los Angeles with 109 Projects/17,029 Rooms.

    Dallas has the most New Hotel Openings forecasted for 2017 with 42 Hotels/5,029 Rooms, then New York, which is expected to open 38 Hotels/5,657 Rooms followed by Houston with 31 Hotels/3,182 Rooms. In 2018, New York is forecasted to open the most hotels with 60 Projects/9,666 Rooms and in 2019, Houston will lead with 39 Projects/4,779 Rooms.

    The markets with the most New Project Announcements into the Pipeline in the last 12 months are: New York with 57 Projects/9,342 Rooms, Dallas with 53 Projects/6,836 Rooms, and Houston with 46 Projects/4,286 Rooms.

Ask the Experts

LE’s Lodging Real Estate and Market Intelligence Experts are happy to offer insights and support to journalists and media specialists reporting on the lodging real estate, lender and vendor industries. For media inquiries or specific information requests, please contact:

Rebecca Evans
Director of Marketing Communications

+1 603.427.9547
revans@lodgingeconometrics.com